Answer:
45.94%
Step-by-step explanation:
Probability-Above 45.94%
Z =0.1
x= 61
µ 60
σ 9.8
Answer:
Two real solutions
Step-by-step explanation:
z=-1.45
z=0.45
Hey the awnser is 20156 lol just kidding u Figueroa out lol ok
Check the picture below.
notice the midpoint of the diameter segment, is just 1,9.
also, recall the radius is half the diameter, notice how long the radius is, just 4 units.
P=1560000
APR=5.6%
monthly interest, i=5.6%/12=7/1500 [fractions keep exact values]
R=1+i=1+7/1500
# of periods, n=30 years = 360 periods
monthly payment, A
A=PR^n(i)/(R^n-1)
=1560000*(1+7/1500)^360*(7/1500)/((1+7/1500)^360-1)
=$8955.632
At the end of eight years,
number of periods, n1 = 8*12 = 96
If paid off at the end of 8 years, value of loan then
future value of principal
F1=PR^n1=1560000*(1+7/1500)^96=2439135.635
future value of payments
F2=A(R^n1-1)/i=8955.632*(1+7/1500)^96-1)/(7/1500)=1081485.620
Therefore the balloon payment
= future value of principal (owing) - future value of payments (paid)
=F1-F2
=2439135.635-1081485.620
=1357650.0152
Round to two places after decimal to get final answer.
