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vfiekz [6]
3 years ago
8

trey is taking out a loan for 85000. It is a 20 year load with an apr of 5.85% what will his monthly payment be?

Mathematics
1 answer:
Luba_88 [7]3 years ago
3 0
Loan Amount is- 85,000
Years- 20
APR- 5.85%
By plugging in what you know to a loan calculator the answer comes out to a monthly payment of $601.63
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In a survey of 2957 adults, 1455 say hey have started paying bills online in the least year construct a 99% confidence interval
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Answer: 0.49 ± 0.0237

Step-by-step explanation: A interval of a 99% confidence interval for the population proportion can be found by:

p_{hat} ± z.\sqrt{\frac{p_{hat}(1-p_{hat})}{n} }

p_{hat} is the proportion:

p_{hat} = \frac{1455}{2957}

p_{hat} = 0.49

For a 99% confidence interval, z = 2.576:

0.49 ± 2.576.\sqrt{\frac{0.49(1-0.49)}{2957} }

0.49 ± 2.576.\sqrt{\frac{0.49*0.51}{2957} }

0.49 ± 2.576.(0.0092)

0.49 ± 0.0237

For a <u>99% confidence interval</u>, the proportion will be between 0.4663 and 0.5137 or 0.49 ± 0.0237

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anyanavicka [17]

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Step-by-step explanation:

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Answer:

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