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luda_lava [24]
2 years ago
6

ABC bank requires a 20% down payment on all its home loans. if the house is priced at $105,000, what is the amount of the down p

ayment required by the bank?
A) $21,000
B) $210,000
C) $14,500
D) $18,000

correct answer is A) $21,000
Mathematics
2 answers:
soldi70 [24.7K]2 years ago
7 0

Answer:

A) $21,000

Step-by-step explanation:

Percentage of down payment that ABC bank requires to be paid = 20%

Price of the house = $10500

Then

Amount of down payment

that needs to be made = (20/100) * 105000

                                    = 21000 dollars

morpeh [17]2 years ago
7 0

The answer is A) $21,000

20% is 1/5

1/5 of 105,000 is 21,000

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By using the picture that was provided below, you can see that

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2 years ago
Read 2 more answers
Consider the continuous random variable X, which has a uniform distribution over the interval from 20 to 28.
anastassius [24]

Answer:

a) The probability distribution is f(x) = \frac{1}{8}

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Step-by-step explanation:

Uniform probability distribution:

An uniform distribution has two bounds, a and b.

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P(c \leq X \leq d) = \frac{d - c}{b - a}

The probability of finding a value above x is:

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Uniform distribution over the interval from 20 to 28.

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The probability density function of the uniform distribution is:

f(x) = \frac{1}{b - a}

In this question:

f(x) = \frac{1}{28 - 20} = \frac{1}{8}

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P(21 \leq X \leq 25) = \frac{25 - 21}{28 - 20} = \frac{4}{8} = 0.5

0.5 = 50% probability that X will take on a value between 21 and 25.

c. What’s the probability that X will take on a value of at least 26?

P(X > 26) = \frac{28 - 26}{28 - 20} = \frac{2}{8} = 0.25

0.25 = 25% probability that X will take on a value of at least 26.

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Can u separate it?

Step-by-step explanation:

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Ivanshal [37]
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