Answer:
Mortgage option (3) would be best suited for them.
Step-by-step explanation:
Mortgage option (1) and (2) are more or less the same since, since even if Damarco and Tanya down payments $34,000 (20% of the purchase price), they need to pay the interest for 30 years for both of the cases and even if he pays about $750 monthly (as for option (1)) or about $ 9000 annually (as for option (2)) both may actually be more or less the same amount since, the annual rate of interest in (2) may increase from the initial rate of 3.5% (but it is very unlikely to increase to over 5%) and option (1) has an annual fixed rate of interest of 4.25%.
Now, in the option (3) the interest is to be paid for 8 years and the annual rate of interest is also relatively low (only 4%) and if they pay about $18,000 annually with a down-payment of $ 34,000 and repay the rest of the amount at the end of 8 years,(which would be less than $ 35,000) they can easily clear their mortgage. Hence, for option (3) they would need to pay lowest total amount and for lowest time to clear the mortgage among the three options. Hence, this would be best suited option for them.
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To get the answer we need the formula or source.
The question in another way if 4cm=1.2km, what is the 10cm=--------
first, you have to use the crisscross.
4cm=1.2km
10cm= x it is variable
then, 4xx= 1.2kmx10cm
4x=12km
4x/4= 12/4
x=3km
I’ve attached my work below....
I ran out of space so the step 5 the last step is subtract q1 and q3 which step 3 and 4
So 90.9-81.8=9.1
The approximate margin of error is 4%.
Using the formula given and our information, we have:
The following are prices for a 25 inch T.V. found in different stores around Roseville: 100,98,121,111,97,135,136,104,135,138,18
Vlad1618 [11]
There are 14 values above. The mean of these 14 numbers is calculated by dividing their sum by 14 which will give us an answer of 117.07 or ~117. The smallest of these values is 69 which is 48 units to the left of the average. The largest value is 189 which is 72 units to the right of the average. Therefore, in this distribution, the values are skewed to the right.
