Answer:
0.91
Step-by-step explanation:
We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
The answer is: [C]: " ⁷/₆ " .
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Note:
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(5/3) - (1/2) = ? ;
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The LCD (lowest common denominator) of "2 and 3" is "6" ;
So we need to rewrite EACH fraction in the problem as a fraction with "6" in the denominator ;
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(5/3) = (?/6) ? ; (6÷3=2) ; (5/3) = (5*2)/(3*2) = 10/6 ;
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(1/2) = (?/6) ? ; (6÷2=3) ; (1/2) = (1*3)/(2*3) = 3/6 ;
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Rewrite the problem: " (5/3) - (1/2) " ; as:
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10/6 - 3/6 ;
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10/6 - 3/6 = (10 - 3) / 6 = (7/6) = 1 ⅙ .
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The answer is: " ⁷/₆ " ; or, write as: " 1 ⅙ " ; which corresponds to:
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Answer choice: [C]: " ⁷/₆ " .
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Answer:
- 1800 ; 4284.8579 ;
Step-by-step explanation:
Given the table :
Outcome _____ probability
-12000 ________ 0.15
__ 0 __________ 0.85
Expected loss, m: Σx*p(x)
(-12000 * 0.15) + (0 * 0.85)
-1800 + 0 = - 1800
Standard deviation = sqrt(Var(x))
Var(x) = Σx²*p(x) - m²
(-12000^2 * 0.15) + (0^2 * 0.85)] - 1800^2
21,600,000 - 3240000
= 18360000
Standard deviation = sqrt(18360000)
Standard deviation = 4284.8579
Step-by-step explanation:
mean = sum of all data points / number of data points
(22+16+18+14+16+34+20)/7 = 140/7 = 20
median is the number, where half of the data points are smaller, and the other half are larger.
first we need to sort the data points
14, 16, 16, 18, 20, 22, 34
median = 18
mode is the data point occurring most often.
mode = 16 (occurring 2 times, while the others occur only once).
range is the difference between the largest and the smallest data point.
range = 34 - 14 = 20
