we can conclude that there is sufficient evidence to suggest that the mean speed of cars driven by all men drivers on this highway is higher than that of cars driven by all women drivers.
a. Confidence interval for the difference between the mean speeds of cars driven by all men and all women on this highway is given by:
Confidence Interval = [tex]\bar x_m - \bar x_w ± z*(\frac{{s_m}^2}{m}+\frac{{s_w}^2}{n})^{1/2}[/tex]
Here, [tex]\bar x_m[/tex] = 72 miles per hour,[tex]s_m[/tex]= 2.2 miles per hour, m = 27, [tex]\bar x_w[/tex]= 68 miles per hour, [tex]s_w[/tex]= 2.5 miles per hour and n = 18.
Using the formula for a 98% confidence interval, the values of z = 2.33.
Thus, the confidence interval is calculated below:
Confidence Interval = 72 - 68 ± 2.33 * [tex](\frac{{2.2}^2}{27} + \frac{{2.5}^2}{18})^{1/2}[/tex]
= 4 ± 2.37
= [1.63, 6.37]
Thus, the 98% confidence interval for the difference between the mean speeds of cars driven by all men and all women on this highway is (1.63, 6.37).
b. The null and alternative hypotheses are:
Null Hypothesis:
[tex]H0: \bar x_m - \bar x_w ≤ 0[/tex] (Mean speed of cars driven by men is less than or equal to that of cars driven by women)
Alternative Hypothesis:
H1: [tex]\bar x_m - \bar x_w[/tex] > 0 (Mean speed of cars driven by men is greater than that of cars driven by women)
Test Statistic: Under the null hypothesis, the test statistic t is given by:
t =[tex](\bar x_m - \bar x_w - D)/S_p[/tex]
(D is the hypothesized difference in population means,
[tex]S_p[/tex] is the pooled standard error).
[tex]S_p = ((s_m^2 / m) + (s_w^2 / n))^0.5[/tex]
= [tex]((2.2^2 / 27) + (2.5^2 / 18))^0.5[/tex]
= 0.7106
t = (72 - 68 - 0)/0.7106
= 5.65
Using a significance level of 1%, the critical value of t is 2.60, since we have degrees of freedom (df) = 41
(calculated using the formula df = [tex]\frac{(s_m^2 / m + s_w^2 / n)^2}{\frac{(s_m^2 / m)^2}{m - 1} + \frac{(s_w^2 / n)^2}{n - 1}}[/tex], which is rounded down to the nearest whole number).
Thus, since the calculated value of t (5.65) is greater than the critical value of t (2.60), we can reject the null hypothesis at the 1% level of significance.
Hence, we can conclude that there is sufficient evidence to suggest that the mean speed of cars driven by all men drivers on this highway is higher than that of cars driven by all women drivers.
c. For this part, the only change is in the sample standard deviation for women drivers.
The new values are [tex]\bar x_m[/tex] = 72 miles per hour, [tex]s_m[/tex] = 1.9 miles per hour, m = 27, [tex]\bar x_w[/tex] = 68 miles per hour, [tex]s_w[/tex] = 3.4 miles per hour, and n = 18.
Using the same formula for the 98% confidence interval, the confidence interval becomes:
Confidence Interval = [tex]72 - 68 ± 2.33 * (\frac{{1.9}^2}{27} + \frac{{3.4}^2}{18})^{1/2}[/tex]
= 4 ± 2.83
= [1.17, 6.83]
Thus, the 98% confidence interval for the difference between the mean speeds of cars driven by all men and all women on this highway is (1.17, 6.83).
The null and alternative hypotheses for part b remain the same as in part a.
The test statistic t is given by:
t = [tex](\bar x_m - \bar x_w - D)/S_pS_p[/tex]
= [tex]((s_m^2 / m) + (s_w^2 / n))^0.5[/tex]
= [tex]((1.9^2 / 27) + (3.4^2 / 18))^0.5[/tex]
= 1.2565
t = (72 - 68 - 0)/1.2565
= 3.18
Using a significance level of 1%, the critical value of t is 2.60 (df = 41).
Since the calculated value of t (3.18) is greater than the critical value of t (2.60), we can reject the null hypothesis at the 1% level of significance.
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What is the measure of the other acute angle? Pls explain how you got your answer
Answer:
30 degrees
all triangles equal 180 degrees
90+60=150
180-150=30
Step-by-step explanation:
Explain how g is 62 degrees using angle theorem. Ex supplementary angle theorem, ASTT. Etc
Answer:
The exterior angle is 35° + 62° = 97°
And 97° > 35°
And 97° > 62°
Step-by-step explanation:
Answer:
pppop-
That’s what u get
Step-by-step explanation:
1. Consider a damped spring-mass system with m = 1kg, = 2
kg/s^2 and c = 3 kg/s. Find the general solution. And solve the
initial value problem if y(0) = 1 and y′(0) = 0.
The general solution of the damped spring-mass system with the given parameters is y(t) = e^(-t/2) [c1cos((√7/2)t) + c2sin((√7/2)t)]. By applying the initial conditions y(0) = 1 and y'(0) = 0, the specific solution can be obtained as y(t) = (2/7)e^(-t/2)cos((√7/2)t) + (3/7)e^(-t/2)sin((√7/2)t).
The equation for the damped spring-mass system can be expressed as my'' + cy' + ky = 0, where m is the mass, c is the damping coefficient, and k is the spring constant. In this case, m = 1 kg, c = 3 kg/s, and k = 2 kg/[tex]s^2[/tex].
To find the general solution, we assume a solution of the form y(t) = e^(rt). By substituting this into the equation and solving for r, we get [tex]r^2[/tex] + 3r + 2 = 0. Solving this quadratic equation gives us the roots r1 = -2 and r2 = -1.
The general solution is then given by y(t) = c1e^(-2t) + c2e^(-t). However, since we have a damped system, the general solution can be rewritten as y(t) = e^(-t/2) [c1cos((√7/2)t) + c2sin((√7/2)t)], where √7/2 = √(3/4).
By applying the initial conditions y(0) = 1 and y'(0) = 0, we can solve for the coefficients c1 and c2. The specific solution is obtained as y(t) = (2/7)e^(-t/2)cos((√7/2)t) + (3/7)e^(-t/2)sin((√7/2)t). This satisfies the given initial value problem.
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Solve the system by substitution.
x – 4y = -8
5у – 1 = x
Submit Answer
Answer:
y = -7 and x = -36
Step-by-step explanation:
x - 4y = -8
5y - 1 = x
→ Substitute 5y - 1 into x - 4y = -8
5y - 1 - 4y = -8
→ Simplify
y - 1 = -8
→ Add 1 to both sides
y = -7
→ Substitute y = -7 into 5y - 1
( 5 × -7 ) - 1 = -36
Answer:
The solution is (-36, -7)
Step-by-step explanation:
Since 5y - 1 = x, we can replace x in the first equation by 5y - 1:
5y - 1 - 4y = -8
Collecting like terms, we get:
y = -7
If y = 7, then by the second equation x = 5(-7) - 1 = -36
The solution is (-36, -7)
HELP ME ASAP!!!!!!!!!!!!
See picture attached.
Please friend request me if you get it right.
Thanks xx
Answer:
Number of cubes = 8 large and 32 small, or 40 total
Step-by-step explanation:
each layer = 2 large and 8 small cuboids.
each layer = 128 cm³
512/128 = 4 layers
so:
4 x 2 = 8 large cuboids
4 x 8 = 32 small cuboids
What is the other measure of the other acute angle? Pls explain how you got your answer !
Answer:
[tex]65^{o}[/tex]
Step-by-step explanation:
Angles in a triangle add up to 180
An acute angle is any angle smaller than 90
Since it is a right angle triangle, one of the angles is a right angle and therefore 90
So 180 - 90 - 25 = 65
please whats the answer?
Answer:
=93
Step-by-step explanation:
[tex]7 \frac{5}{6} + 5 \frac{1}{9} [/tex]Then mutiply 6 x7 with will give you 42 then add 5 which will equal =47Evaluate the expression 6 + 5 × 32 - 8.
43
11
6
91
Answer:
158
Step-by-step explanation:
All i know is that these answer choices cannot be found in the calculator
Answer:
158.....
PEMDAS
you multiply first 6+160-8
then you add or subtract
158
SALE
80% OFF!
What is the sale price of a basketball jersey originally priced at $40?
Answer:
20
Step-by-step explanation:
A set of data may have more than one mode.
(1 Point)
True
False
Write the Mayan numeral as a Hindu Arabic numeral 10:03
The Hindu Arabic numeral for the Mayan numeral is 103.
The given Mayan numeral needs to be converted to Hindu Arabic numeral.
The Hindu Arabic numeral system includes ten digits from 0 to 9. This numeral system is used to represent numbers in almost all the countries in the world.
10:03 in Mayan Numeral System is as shown below:MAYAN_NUMERALS: 10:03 = 10.|. 0. | 3. ||||||. |||..........||||||... ||.......... |||||||||||||||||||||||||||||||10.|.0.|.3.|. = 103The above given Mayan Numeral system converted to Hindu Arabic Numeral is 103.
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The copy machine runs for 20 seconds and then jams. About how many copies were made before the jam occurred? Round your answer to the nearest tenth
Answer:
10.7
Step-by-step explanation:
what is a profit margin
Find the area of the shaded region.
Answer:
area = 3.44 in²
Step-by-step explanation:
area of square = 4 x 4 = 16 cm²
area of circle = (3.14)(2²) = 12.56 cm²
area = 16 - 12.56 = 3.44 in²
The point P is on the unit circle. Find P(x, y) from the given information.
The x-coordinate of P is positive, and the y-coordinate of P is
-(square root 10)/10.
The coordinates satisfy the equation x^2 + y^2 = 1. In this specific problem, we found that P(x, y) = (3 * sqrt(10)) / 10 , - (sqrt(10)) / 10.
To solve this problem, we need to recall some basic trigonometry concepts related to the unit circle. The unit circle is a circle of radius 1 centered at the origin of a coordinate plane. Any point on the unit circle can be represented by its coordinates (x, y), where x and y are the horizontal and vertical distances from the origin, respectively.
Since the given problem tells us that the x-coordinate of P is positive, we know that x > 0. Additionally, we are given that the y-coordinate of P is -(square root 10)/10. We can use this information to solve for x.
From the Pythagorean theorem, we know that for any point (x, y) on the unit circle, x^2 + y^2 = 1. Substituting y = -(square root 10)/10, we get:
x^2 + ((-sqrt(10))/10)^2 = 1
Simplifying this expression, we get:
x^2 + 10/100 = 1
x^2 = 90/100
x = sqrt(90)/10
Since we know that x is positive, we can simplify this expression further by factoring out a square root:
x = (sqrt(9) * sqrt(10)) / 10
x = (3 * sqrt(10)) / 10
Therefore, the coordinates of point P are:
P(x, y) = (3 * sqrt(10)) / 10 , - (sqrt(10)) / 10
We can check our answer by verifying that these coordinates satisfy the equation x^2 + y^2 = 1:
(3 * sqrt(10) / 10)^2 + (-sqrt(10) / 10)^2 = 9/100 + 10/100 = 1/10
Simplifying this expression, we get:
1/10 = 1/10
This confirms that our answer is correct and that P lies on the unit circle.
In summary, to find the coordinates of a point P on the unit circle given its y-coordinate and the fact that its x-coordinate is positive, we can use the Pythagorean theorem to solve for the x-coordinate. We then check our answer by verifying that the coordinates satisfy the equation x^2 + y^2 = 1. In this specific problem, we found that P(x, y) = (3 * sqrt(10)) / 10 , - (sqrt(10)) / 10.
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Serena and Visala had a combined total of $180. Serena then gave Visala $20, and then Visala gave
Serena a quarter of the money Visala had. After this, they each had the same amount. How much
money did Serena start with?
Serena started with approximately $173.33 money.
Let's denote the initial amount of money Serena had as S and the initial amount of money Visala had as V.
According to the problem, their combined total was $180, so we have the equation S + V = 180.
After Serena gave Visala $20, Serena's remaining amount became S - 20, and Visala's amount became V + 20.
Visala then gave Serena a quarter of the money she had, which is (V + 20)/4. After this transaction, Serena's total amount became S - 20 + (V + 20)/4, and Visala's total amount became V + 20 - (V + 20)/4.
It is given that after these transactions, they each had the same amount. Therefore, we can set up the equation:
S - 20 + (V + 20)/4 = V + 20 - (V + 20)/4.
Let's simplify and solve for S:
4S - 80 + V + 20 = 4V + 80 - V - 20.
Combining like terms:
4S + V = 3V + 160.
Substituting the value of S + V = 180 from the first equation:
4S + V = 3(180) + 160,
4S + V = 540 + 160,
4S + V = 700.
Now, we have two equations:
S + V = 180,
4S + V = 700.
Subtracting the first equation from the second equation:
4S + V - (S + V) = 700 - 180,
3S = 520,
S = 520/3 ≈ 173.33.
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On the highway, the gas mileage of Jesse’s motorcy- cle is twice that of his car. If his car gets 28 mpg on the highway, what is the gas mileage of his motor- cycle on the highway?
Based on the ratios of gas mileage of Jesse's motorcycle to that of his car, 2x and x respectively, we have found out that the gas mileage of Jesse’s motorcycle on the highway is 56 mpg.
To solve the problem of finding out the gas mileage of Jesse’s motorcycle on the highway, it is necessary to use ratios. The first ratio is based on the gas mileage of Jesse’s car on the highway which is 28 mpg, then the ratio for his motorcycle is set as 2x, where x is the mileage per gallon of Jesse’s car, 28.
Therefore, the second ratio is 2x. Then we can equate these ratios in order to solve the problem. This can be done as follows: 2x/28 = y/1, where y represents the gas mileage of Jesse’s motorcycle on the highway.
Solving for y yields the following:
2x/28 = y/1
2x * 1 = 28 * y
2x = 28y
2x/2 = 28y/2
x = 14y
So the gas mileage of Jesse’s motorcycle on the highway is 14 times the mileage of his car. Therefore, to find out the gas mileage of his motorcycle on the highway, we need to multiply 28 by 2 and then divide the result by 1 which is equal to 56. Therefore, the gas mileage of Jesse’s motorcycle on the highway is 56 mpg.
In conclusion, based on the ratios of gas mileage of Jesse's motorcycle to that of his car, 2x and x respectively, we have found out that the gas mileage of Jesse’s motorcycle on the highway is 56 mpg. This has been calculated using the equation 2x/28 = y/1, where y is the gas mileage of Jesse’s motorcycle on the highway.
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draw a hypothetical demand curve for tickets to a particular rock concert. use the drop box to upload an image or file containing your demand curve.
The hypothetical demand curve for tickets to a particular rock concert is given in the image attached.
What is the hypothetical demand curve
According to Samuelson: theory, the law of demand states that people buy more at lower prices and less at higher prices when other things remain constant.
Note that by using the image,
Prices of ticket (cent) Demand by consumer
5 35
4 30
3 70
2 80
1 95
Therefore, "Demands curves show how much people will buy the ticket at different prices over time." The Curve shows consumer purchases at different prices.
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Change die exponential statement to an equivalent statement involving a logarithm. 9 = 3^2 The equivalent logarithmic statement is. (Type an equation.)
The equivalent logarithmic statement is log base 3 of 9 = 2 for the equation 9 = 3².
To convert the exponential statement 9 = 3² into an equivalent logarithmic statement, we can use the logarithm with base 3.
Step 1: Identify the base and exponent in the exponential statement.
In our case, the base is 3 and the exponent is 2.
Step 2: Write the equivalent logarithmic statement.
Using the base 3 logarithm, we have:
log₃(9) = 2
This logarithmic statement can be read as "the logarithm base 3 of 9 is equal to 2."
The logarithm function gives us the exponent or power that the base needs to be raised to in order to obtain the given number. In this case, log₃(9) tells us that 3 raised to the power of 2 equals 9.
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Maria needs 0.7 meters of fabric to make a flag. How many flags can she make from 7.42 meters of fabric?
Answer:
10 flags
Step-by-step explanation:
7.42/0.7
Round down since you cant "round up" when talking about physical objects.
Answer:
10 Flags
Step-by-step explanation:
If x≠-4, which answer choice represents the following in simplified form (question attached)
A. X+3
B. X-4
C. 2x+6
D. X-3
Answer:
[tex]A) x+3[/tex]
Step-by-step explanation:
[tex]\frac{2x^{2}+14x+24 }{2x+8}[/tex]
[tex]=\frac{2(x^{2}+7x+12)}{2(x+4)}[/tex]
[tex]=\frac{x^{2} +7x+12}{x+4}[/tex]
[tex]=\frac{(x+4)(x+3)}{x+4}[/tex]
[tex]=x+3[/tex]
Fifty students in an Italian class were surveyed about how they listen to music. Of those asked:
34 listen to Spotify (S)
30 listen to Pandora (P)
18 listen to the radio (R)
22 listen to Spotify and Pandora
13 listen to Spotify and the radio
4 listen to Pandora and the radio
o 2 listen to Spotify, Pandora, and the radio
(a) Represent this information in a Venn diagram:
(b) How many liked none of these types of music?
(c) How many students liked exactly two of these types of music?
(d) How many liked at least two of these types of music?
In the Italian class survey, 50 students were asked about how they listen to music. A Venn diagram was used to represent the information. Five students liked none of the types of music, 37 students liked exactly two types of music, and 39 students liked at least two types of music.
(a) The information can be represented in a Venn diagram as follows:
In the diagram, S represents the number of students who listen to Spotify, P represents the number of students who listen to Pandora, and R represents the number of students who listen to the radio. The overlapping regions show the number of students who listen to multiple platforms.
___________
| |
| S |
|___________|
| |
R | SP | P
|___________|
| |
| RP |
|___________|
(b) To determine the number of students who liked none of these types of music, we need to find the students who did not fall into any of the three categories. This can be calculated by subtracting the total number of students who liked at least one type of music from the total number of students surveyed.
Total number of students surveyed = 50
Students who liked at least one type of music = S + P + R - (SP + SR + PR) + SPR
Substituting the given values:
Students who liked at least one type of music = 34 + 30 + 18 - (22 + 13 + 4) + 2 = 45
Students who liked none of these types of music = Total number of students surveyed - Students who liked at least one type of music
Students who liked none of these types of music = 50 - 45 = 5
Therefore, 5 students liked none of these types of music.
(c) To find the number of students who liked exactly two types of music, we need to calculate the sum of the students in the overlapping regions of the Venn diagram.
Students who liked exactly two types of music = SP + SR + PR - (SPR)
Substituting the given values:
Students who liked exactly two types of music = 22 + 13 + 4 - 2 = 37
Therefore, 37 students liked exactly two types of music.
(d) To determine the number of students who liked at least two types of music, we need to add the students who liked exactly two types of music to the number of students who liked all three types of music.
Students who liked at least two types of music = Students who liked exactly two types of music + Students who liked all three types of music
Students who liked at least two types of music = 37 + 2 = 39
Therefore, 39 students liked at least two types of music.
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HELPPP!!
Find the value of x in the parallelogram!
Answer:
x = 17
Step-by-step explanation:
Area of a parallelogram:
A = bh
Given:
A = 153
b = 9
Work:
A = bh
h = A/b
h = 153/9
h = 17
The number of watermelons in a truck are all weighed on a scale. The scale rounds the weight of every watermelon to the nearest pound. The number of pounds read off the scale for each watermelon is called its measured weight. The domain for each of the following relations below is the set of watermelons on the truck. For each relation, indicate whether the relation is reflexive, anti reflexive, or neither
symmetric, anti symmetric, or neither
transitive or not transitive
justify your answer
a) watermelon x is related to watermelon y if the measured weight of watermelon x is at least the measured weight of watermelon y. No two watermelons have the same measured weight. b) watermelon x is related to watermelon y if the measured weight of watermelon x is at least the measured weight of watermelon y. All watermelons have exactly the same measured weight
a) The relation is reflexive, symmetric, and transitive.
b) The relation is not reflexive, symmetric, or transitive.
a) For each watermelon x, x is related to x because the measured weight of x is at least the measured weight of x. Therefore, the relation is reflexive.
For each watermelon x and y, if x is related to y (meaning the measured weight of x is at least the measured weight of y), then y is also related to x (meaning the measured weight of y is at least the measured weight of x). Therefore, the relation is symmetric.
For each watermelon x, y, and z, if x is related to y (meaning the measured weight of x is at least the measured weight of y) and y is related to z (meaning the measured weight of y is at least the measured weight of z), then x is related to z (meaning the measured weight of x is at least the measured weight of z). Therefore, the relation is transitive.
b) For each watermelon x, x is not related to x because no two watermelons have the same measured weight. Therefore, the relation is not reflexive.
For each watermelon x and y, if x is related to y (meaning the measured weight of x is at least the measured weight of y), then y is not related to x (meaning the measured weight of y is not at least the measured weight of x).
Therefore, the relation is not symmetric. For each watermelon x, y, and z, if x is related to y (meaning the measured weight of x is at least the measured weight of y) and y is related to z (meaning the measured weight of y is at least the measured weight of z), then x is not related to z (meaning the measured weight of x is not at least the measured weight of z).
Therefore, the relation is not transitive.
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Can somebody help me
Answer:
25
Step-by-step explanation:
If it has 25 miles across from the 1 hour it means that it goes 25 miles per hour.
he manager of a book store believes that 33% of the store's customers have read at least one book from the Henry Pottar series. A simple random sample of 100 customers was selected. Using the manager's belief, determine:
1. The standard error for the sampling distribution of proportion. (4 decimal places)
2. The probability that between 26% and 35% of the customers have read at least one book from the Henry Pottar series . (4 decimal places)
1. The standard error for the sampling distribution of proportion is approximately 0.0478.
The standard error for the sampling distribution of proportion can be calculated using the formula:
SE = sqrt((p * (1 - p)) / n)
where p is the population proportion and n is the sample size. In this case, p = 0.33 and n = 100.
Plugging in the values, we have:
SE = sqrt((0.33 * (1 - 0.33)) / 100) ≈ 0.0478
Therefore, the standard error for the sampling distribution of proportion is approximately 0.0478.
2. The probability that between 26% and 35% of the customers have read at least one book from the Henry Potter series is approximately 0.7789.
To calculate the probability, we need to find the z-scores corresponding to the percentages 26% and 35% and then find the area between these two z-scores under the standard normal distribution curve.
First, we calculate the z-scores using the formula:
z = (x - p) / sqrt((p * (1 - p)) / n)
where x is the given percentage, p is the population proportion, and n is the sample size.
For x = 26%:
z = (0.26 - 0.33) / sqrt((0.33 * (1 - 0.33)) / 100) ≈ -1.232
For x = 35%:
z = (0.35 - 0.33) / sqrt((0.33 * (1 - 0.33)) / 100) ≈ 0.522
Using a standard normal distribution table or calculator, we can find the area between -1.232 and 0.522, which is the probability that between 26% and 35% of the customers have read at least one book from the Henry Potter series. The approximate probability is 0.7789.
Therefore, the probability that between 26% and 35% of the customers have read at least one book from the Henry Potter series is approximately 0.7789.
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find the corresponding point to the function
Answer:
If you begin with the graph for f(x) and then substituted x+3 for x, the effect on the graph will be to move the whole graph 3 units to the left.
Given that (-9,-1) is on the graph of f(x), and that we are to move the entire graph 3 units to the left, then the coordinate -9 becomes -9-3, or -12: (-12,-1).
Step-by-step explanation:
Victoria earns a gross annual income of $124,482 and is buying a home for $225,500. She is making a 20% down payment and financing the rest with a 30-year loan at 4.5% interest.
(a) What is the mortgage amount she will borrow?
(b) Can she afford this mortgage?
(c) What will her monthly mortgage payment be?
(d) What will her total payment for the house be?
(e) What is the amount of interest she will pay?
Answer:
(a) The mortgage amount she will borrow is $180,400
(b) Yes she can
(c) Her monthly payment will be approximately $914.06
(d) Her total repayment is approximately $329,061.6
(e) The amount of interest is approximately $148,661.6
Step-by-step explanation:
The details of the transactions are;
The gross annual income Victoria earns = $124,482
The cost price of the home she is buying, C = $225,500
The amount she is making as down payment = 20%
The duration the loan she id financing the rest with, t = 30-years
The interest rate on the loan, r = 4.5%
(a) The mortgage amount she will borrow, 'P', is the cost of the home less the down payment
The down payment = 20% of the cost of the home
∴ The down payment = (20/100) × $225,500 = $45,100
∴ P = $225,500 - $45,100 = $180,400
The mortgage amount she will borrow, P = $180,400
(b) Using the 2× to 2.5× gross income rule, we have;
2 × her annual income = 2 × 124,482 = 248,964
∴ 2 × her annual income > The mortgage = 180,400
She can afford the mortgage
(c) The monthly fixed payment for the mortgage is given as follows;
[tex]M = P \times \dfrac{r}{n} \times \dfrac{\left(1+ \dfrac{r}{n} \right)^{n \cdot t}}{\left[\left(1 + \dfrac{r}{n} \right)^{n\cdot t} - 1\right]}[/tex]
Where;
n = The number of periods per year = 12 monthly periods per year
180,400*0.045*(1 + 0.045)^(30)/((1 + 0.045)^(30) - 1)
[tex]M = 180,400 \times \dfrac{0.045 }{12} \times \dfrac{\left(1+\dfrac{0.045 }{12}\right)^{30 \times 12}}{\left[\left(1 + \dfrac{0.045 }{12}\right)^{30 \times 12} - 1\right]} \approx 914.060298926[/tex]
Her monthly payment will be M ≈ $914.06
(d) The total repayment is given as follows;
n × t × M
∴ 12 × 30 × 914.06 = 329061.6
The total payment for the house = $329,061.6
(e) The amount of interest = The total payment - The principal loan amount
∴ The amount of interest = $329061.6 - $180,400 = $148,661.6
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Answer:
3 times greater
Step-by-step explanation:
6.7 x 10 to the 6 = 6700000
2x 10 to the 7 = 20000000
20000000/6700000 = 2.98507462687
Rounded - 3