Step-by-step explanation:
it is unbiased because the people are chosen at random
Listed price = $1.4 million
Down payment = 20% of $1.4 million = 0.2 x 1,400,000 = 280,000
Amount left to pay = $1.4 million - 280,000 = $1,120,000
Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / r
where: PV = $1,120,000
r = 5% = 0.05
t = 12
n = 30 years.
1,120,000 = P(1 - (1 + 0.05/12)^-(12 x 30)) / 0.05
1,120,000 x 0.05 = P(1 - (1 + 1/240)^-360)
56,000 = P(1 - 0.2238)
P = 56,000 / 0.7761 = 72,148.83
Therefore, the monthly payment is $72,148.83
Answer:
The next three terms are 54, 162, 486
Step-by-step explanation:
Exponential sequences you multiply to find the next term
6 x 3 = 18 (to find the next term you can multiply the previous term by 3)
18 x 3 = 54
54 x 3 = 162
162 x 3 = 486
Answer:
4/5
Step-by-step explanation:
sohcahtoa meaning sin is opposite over hypotenuse
Answer:
y= 2/3x+3
Step-by-step explanation:
to be parallel they must have the same slope (2/3)
use the ordered pair to get the y-intercept (3)
