Answer:
The 3-year loan is cheaper overall.
The 3-year loan’s monthly payment would be higher.
The 5-year loan, is more expensive overall.
The 5-year loan’s monthly payment would be lower.
120/5 = 24
so 20 + 22 +24 +26 +28 = 120
5th number = 28
<span>solution:
we have, mean =8.4 hrs, std. deviation = 1.8 hrs, sample size n = 40 , X = 8.9
Probability(X<8.9) = ?
we know that, Z = (X - mean)/(std. deviation/(sqrt. n)) = (8.9 - 8.4)/(1.8/(sqrt.40))
Z = 1.7568
from standard normal probabilities table, we have , P(Z<1.7568) = 0.9608
Hence, probability that the mean rebuild time is less than 8.9 hours is 0.9608</span>
Answer:
approximately $18,984
Step-by-step explanation:
so 15% multiplied by 5 is 75%
25,000 multiplied by .75 is 18,750