Answer:
Not sure if this is right but it might be something like
350,000-4%+1671m
or
3500,000-4%y/1671m
Step-by-step explanation:
The numbers we know are 350,000 4% and 1671 per month
350,000 is the full mortgage
4% is the APR or annual percentage rate like interest
and we know the monthly for the mortgage is 1671 per month
30.72 rounded to the nearest tenth is 30.7
Answer:
$144,843.5
Step-by-step explanation:
In this problem we are going to apply the compound interest formula
A= P(1+r)^t
A = final amount
P = initial principal balance
r = interest rate
t = number of time periods elapsed
Given data
P= $27,000
R= 7.25%= 7.25/100= 0.0725
T= 24
A=27000(1+0.0725)^24
A= 27000(1.0725)^24
A= 27000*5.364
A= $144,843.5
In 24 years her account balance will be $144,843.5
Answer:
The mean is 0.32 and the standard deviation is 0.0122.
Step-by-step explanation:
Given that the Tampa Times polled 1,457 adults in the city to determine whether they put on their shirt before they put on their pants.
Of the respondents, 48% said they put their shirt on first.
32% of all adults actually put their shirt on first
i.e. sample proportion is 48% while population proportion is 32%
Hence sampling distribution follows a distribution with mean = population proportion p
Hence here mean = 0.32
Std deviation of sampling distribution =
Hence option 3) The mean is 0.32 and the standard deviation is 0.0122.
is right