Answer:
C. a higher monthly payment.
Step-by-step explanation:
<h3>Answer options:</h3>
Rate adjustment resulted in
<u>A. a lower interest rate.
</u>
- No, interest rate increased from 0.4 to 0.5 percent
<u>B. a higher principal.
</u>
- No, principal decreased from $200000 to $187000
<u>C. a higher monthly payment.
</u>
- Yes, monthly payment increased from $1059.85 to $1162.56
<u>D. a higher number of payments.</u>
- No, number of payments remained as 336
Answer:
$4080
Step-by-step explanation:
We have the amount she will pay back, but first, we need to find the Interest accrued.
Simple Interest is given as:
where P = principal
R = rate
T = time taken (in years)
Therefore, the interest on $3,000 at 9% simple interest for 4 years is:
I = $1080
Therefore, the amount she will pay back is:
$3000 + $1080 = $4080
Answer:$14.08 and the discount is $16
Step-by-step explanation:first you find 20% of 80 which is 16 and you subtract it from 80 which gives you 64 then you have to find 3% of 64 which is 1.92 and you add it to 64 which is 65.92 then to find how much you are saving you subtract 65.92 from 80 which is 14.08
Answer: Kai
Step-by-step explanation:
I did the assignment and got it correct
Answer:
Solution-
We know that,
Residual value = Given value - Predicted value
The table for residual values is shown below,
Plotting a graph, by taking the residual values on ordinate and values of given x on abscissa, a random pattern is obtained where the points are evenly distributed about x-axis.
We know that,
If the points in a residual plot are randomly dispersed around the horizontal or x-axis, a linear regression model is appropriate for the data. Otherwise, a non-linear model is more appropriate.
As, in this case the points are distributed randomly around x-axis, so the residual plot show that the line of regression is best fit for the data set.
Hope this helps!
Step-by-step explanation:
