Initial payment = 60% of $120 = 0.6 x 120 = $72
Total monthly payments = $10 x 6 = $60
Toatal amount paid altogether = $72 + $60 = $132
Answer:
E
Step-by-step explanation:
Confidence Interval = mean + or - error margin
Mean = 42,000, error margin = width of estimate of the parameter ÷ 2 = 175 ÷ 2 = 87.50
We can be 95% confident that the population mean is 42,000 plus or minus 87.50
