The monthly payment would be $289.33
$104,000 - $24,000 = $80,000
$80,000 x %8.5 interest = $6,800
$80,000 + $6,800 = $86,800 (total being paid back)
12 (total of months in a year) x 25 (number of years) = 300
Divide $86,800 by 300 and your monthly payment is $289.33
The probability that the average selling price of the 35 homes will be within $2000 of the true mean is 0.5753
First, we need to find the z-score and this is expressed according to the formula;

x is the sample space
is the mean value
is the standard deviation
Given the following parameters
Mean = $275,000
Standard deviation = $10,500
If the true mean is $273,000, then;

If the true mean is $277,000

This means that the z-score is between -0.1095 and 0.1095
Pr( -0.1095 ≤ z ≤ 0.1095)
According to the z table, the probability that the average selling price of the 35 homes will be within $2000 of the true mean is 0.5753
Learn more here: brainly.com/question/17436641
Answer:
9%
Step-by-step explanation:
9/100 = 0.09
To convert to a percent, multiply by 100 and add a percent sign:
0.09 * 100 = 9%
I believe the answer is C 1,300
Answer:
4 possible outcomes
Step-by-step explanation:
we know that
The probability of an event is the ratio of the size of the event space to the size of the sample space.
The size of the sample space is the total number of possible outcomes
The event space is the number of outcomes in the event you are interested in.
so
Let
x------> size of the event space
y-----> size of the sample space
so
In this problem
<em>The probability of choose a blue card is
</em>
substitute
<em>The probability of choose a green card is
</em>
substitute
<em>The probability of choose a red card is
</em>
substitute
<em>The probability of choose a yellow card is
</em>
substitute
The sum of the probabilities of the 4 possible outcomes is equal to
----> represent the 100%