Answer:
The amount which she borrow as house loan is $ 48514.56
Step-by-step explanation:
Given as :
The house loan per month afford by Kylie = $1310
The period of loan = 25 Years
The annual rate compounded monthly = 8.4%
Principal = $ P
∵ The per month loan afford amount = $1310
So, The amount afford in 25 years = $1310 × 25 × 12
Or, The amount afford in 25 years = $393,000
<u>Now, from compounded method</u> :
Amount = Principal ×
Or, $393,000 = $ P ×
Or, $393,000 = $ P ×
Or, $393,000 = $ P ×
∴ P = $ 48514.56
Hence The amount which she borrow as house loan is $ 48514.56 Answer
Answer:
The sample of students required to estimate the mean weekly earnings of students at one college is of size, 3458.
Step-by-step explanation:
The (1 - <em>α</em>)% confidence interval for population mean (<em>μ</em>) is:
The margin of error of a (1 - <em>α</em>)% confidence interval for population mean (<em>μ</em>) is:
The information provided is:
<em>σ</em> = $60
<em>MOE</em> = $2
The critical value of <em>z</em> for 95% confidence level is:
Compute the sample size as follows:
Thus, the sample of students required to estimate the mean weekly earnings of students at one college is of size, 3458.
Answer: Only Ingrid
Step-by-step explanation:
You can multiply or you can estimate it!
Hope I could help