If you borrowed $100, then your monthly payment is $2.44
If you borrowed $200, then your monthly payment is 2*2.44 = 4.88
etc etc
We can set up a proportion
2.44/100 = x/13300
to figure out the monthly payment x. Cross multiply and solve for x
2.44*13300 = 100*x
100x = 2.44*13300
100x = 32452
x = 32452/100
x = 324.52
So the monthly payment is $324.52
An alternative way to get this monthly payment is to apply 2.44% to 13300, which is another way to view the phrase "monthly payment per $100 is 2.44"
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There are 48 months in 4 years (start with 12 mon = 1 yr, then multiply both sides by 4) so we multiply 48 by the monthly payment to get the result 48*324.52 = 15,576.96. This is the total amount you have to pay back which is the principal plus interest.
Subtract off the principal (amount borrowed) to find the interest or finance charge: 15,576.96 - 13,300 = 2,276.96
Answer: Choice B
Answer:
The answer on ed is 17 units I took the test.
Step-by-step explanation:
Answer: d)In repeated samples of the same size, approximately 95 percent of the intervals constructed from the samples will capture the population difference in means.
Step-by-step explanation:
Confidence interval is constructed to estimate a range of values that could possibly contain the population parameter. This could be the population mean or population proportion. A 95 percent confidence interval does not mean 95% probability. It tells how confident that we are that the confidence interval contains the population proportion. If we construct 100 of the given confidence interval, we are confident that 95% of them would contain the true population parameter. Therefore, the correct option is
d)In repeated samples of the same size, approximately 95 percent of the intervals constructed from the samples will capture the population difference in means.
1.33 equals one mile and 24 centimeters. Also 18 miles is the actual distance. I hope this helped but i was a little confused but i am pretty sure the answers are right
