Answer:
$550.97
Step-by-step explanation:
The amortization formula will tell you the payment amount.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where A is the monthly payment, P is the principal amount of the loan, r is the annual interest rate, t is the number of years. Using your values, this is ...
A = $12,000(0.095/12)/(1 -(1 +0.095/12)^(-12·2)) ≈ $550.97
The amount of Gerald's payment is $550.97.
Answer:
x=-4
Step-by-step explanation:
1/4x-1/8=7/8+1/2x
2x-1=7+4x
2x-4x=7+1
-2x+8
Answer:
0.272727… = 27/99
Step-by-step explanation:
(since 27 is the repeating part of the decimal and it contains 2 digits). We can reduce this fraction (a process that we'll talk more about in a future article) by noticing that we can divide both the numerator and denominator by 9 to get 0.272727… = 27/99 = 3/11.
Answer:
There is sufficient evidence at the 0.05 level
Null hypothesis ; H0 : p = 0.47
Alternative hypothesis : H1 : p ≠ 0.47
Step-by-step explanation:
percentage favoring construction of adjoining community = 47%
level = 0.05
To determine if the 0.05 confidence level is enough to support the major's claim we have to state the Null and alternative hypothesis
Null hypothesis ; H0 : p = 0.47
Alternative hypothesis : H1 : p ≠ 0.47
12x=x^2-64
you have to do quadratic formula