9514 1404 393
Answer:
- $137.90 more each month
- $246.00 less total interest
Step-by-step explanation:
The amortization formula is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for the monthly payment on principal P at annual rate r for t years. Here, we have P=3300, r = 0.14, and t=1, so the monthly payment is ...
A = $3300(0.14/12)/(1 -(1 +0.14/12)^-12) ≈ $296.30
The payment of $296.30 is ...
$295.30 -158.40 = $137.90 . . . more each month
The total amount paid is 12×$296.30 = $3555.60, so 255.60 in interest. This amount is ...
$501.60 -255.60 = $246.00 . . . less total interest
Answer:
m= --4
Step-by-step explanation:
Slope (m) = ΔY
/ΔX = (-8-(-4))/(-6-(-7) = -4/1 = -4
Answer:
6:16
Step-by-step explanation:
To find the answer you do 3x_=6 which the missing number is 2, so you do 8x2=16 because whatever you multiply the first number by you have to do the same to the second number in fractions, ratios, etc.
Answer:
The sampling used is simple random sampling.
Step-by-step explanation:
Consider the provided information.
Types:
- Simple random sample is a subset of the population chosen from a larger set. Every person is selected by chance and randomly.
- Systematic sampling: list of elements is counted off.
- Convenience sampling: data which is readily available is used. That is, the first people are running into by the surveyor.
- Cluster sampling: divide the population into groups, usually geographically.
- Stratified sampling: divide population into groups called strata. but this time population might be separated into males and females.
Here, randomly selected 60 customers, Thus, the sampling used is simple random sampling.
