One more than the product of 17 and Matt's savings
1 answer:
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Answer:
see below
Step-by-step explanation:
When you must do the same tedious calculation several times with different numbers, it is convenient to let a spreadsheet program do it for you. Here, the spreadsheet function PMT( ) computes the payment amount for the given interest rate, number of payments, and loan amount.
The loan amount is 90% of the purchase price.
The total interest over the life of the loan is the sum of the payments less the original loan amount.
The total monthly payment is the sum of the loan payment and the monthly escrow amount, which is 1/12 of the annual escrow amount.
_____
Here, we computed the total of payments using the unrounded "exact" value of each payment. We take this to be a better approximation of the total amount repaid, since the last payment always has an adjustment for any over- or under-payment due to rounding.
Answer with Step-by-step explanation:
16 19 21 26 27 29 34 35 35 39 40 41 42 50 50 52 57 60 75 76 78 81 84
the data is already arranged in ascending order
Min=16
Max=84
The quartiles for the odd set of data is given by
where n is the number of elements
Here, n=23
Q1=6 th term
Q1=29
Q2=12 th term
Q2=41
Q3=18 th term
Q3=60
Hence, five-number summary for the given data is:
Min Q1 Q2 Q3 Max
16 29 41 60 84