Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
<h2><u>A = 4</u> is the correct answer!</h2><h3></h3><h3>3 x ? = 12</h3><h3>12 ÷ 3 = 4</h3><h3>so</h3><h3>1 x 4 = 4</h3><h3 /><h3>You're wrong. It is not six.</h3><h3>By the way, it's "one" not "won".</h3><h3>It was probably a mistake.</h3><h3>:)</h3><h3 /><h3><em>Please let me know if I am wrong.</em></h3>
Answer:
-54
Step-by-step explanation:
Answer:13.86km
Step-by-step explanation: see attachment
Answer:
Th computed value of the test statistic is 3.597
Step-by-step explanation:
The null and the alternative hypothesis is as follows:
Null Hypothesis:
the population correlation coefficient is equal to zero
the population correlation coefficient is not equal to zero
The test statistics for Pearson correlation coefficient is thus computed as :

where;
r = correlation coefficient = 0.60
n = sample size = 25
So;



t = 3.597
Comparing to a critical value of t (23 degrees of freedom two-tailed value) = 2.069
Decision Rule:
Since computed value of t is greater than the critical value of t; We reject the null hypothesis and accept the alternative hypothesis.
Conclusion:
We conclude that the population correlation coefficient significantly differs from 0 at 5% (0.05) level of significance.