Answer:
Total cost of the loan $55,969.8.-
Step-by-step explanation:
Giving the following information:
An amount of $32,000 is borrowed for 10 years at 5.75% Interest, compounded annually.
<u>To calculate the total cost of the loan, we need to use the Future Value (FV) formula:</u>
<u></u>
FV= PV*(1 + i)^n
PV= loan
i= interest rate
n= number of periods
FV= 32,000*(1.0575^10)
FV= $55,969.8
I can't draw the graph, but I will give all needed information to be used to draw the Box Plot.
1st arrange the data from smaller to greater:
53 55 56 56 57 57 58 58 58 59 59 60 62
|------------------|-----------------|----------------|-----------------|
Min Q₁ Median Q₃ Max
Data Range = 62 - 53 = 9
Minimum = 53
Q₁ = 56
Median = 58
Q₃ = 59
Maximum = 62
While working your Box Plot, follow the info given BY ORDER, the way I displayed them
Answer is B
Explanation:
Divide -3/4 which equals -0.75
Then divide 5/8 which equals 0.625
Now look at the answers and divide the ones that are in fractions to get a decimal
The answer is B because -1/2 = -0.5 and that is greater than -0.75 and less than 0.625
Sounds confusing sorry
Answer:
i believe it’s the second and third one, not too sure about the first
Step-by-step explanation: