How to solve 5 + 5 x 5 -5 ÷ 5
1 answer:
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We can solve this problem using the binomial distribution. A binomial distribution<span> can be thought of as a success or failure outcome in an experiment or survey that is repeated multiple times.
</span>Probability function of binomial distribution has the following form:
p represents the probability of each choice we want. k is the number of choices we want and n is the total number of choices.
In our case p=0.85, k=5 and n=6.
We can now calculate the answer:
The probability is 39%.
.
</span>Probability function of binomial distribution has the following form:
p represents the probability of each choice we want. k is the number of choices we want and n is the total number of choices.
In our case p=0.85, k=5 and n=6.
We can now calculate the answer:
The probability is 39%.
.
Answer:
$291,016.80
A is correct.
Step-by-step explanation:
You are applying for an 80/20 mortgage to buy a house costing $145,000.
Loan Formula:
Case 1:
Loan amount, P = 80% of 145000 = $ 116,000
Rate of interest, r = 4.75% = 0.0475
Time of loan, n = 30 years = 360 months
Substitute the values into formula.
Total payment for case 1: 605.11 x 360 = $217,839.60
Case 2:
Loan amount, P = 20% of 145000 = $ 29,000
Rate of interest, r = 4.75% = 0.07525
Time of loan, n = 30 years = 360 months
Substitute the values into formula.
Total payment for case 1: 203.27 x 360 = $73,177.20
Total amount of the mortgage = $217,839.60 + $73,177.20
= $291,016.80
Hence, The total amount of the mortgage is $291,016.80
I hope this answer helps, it’s kinda messy, but it’s still understandable (I guess)
