Zac wants to lay new carpet in the entrance and hallway of his house as shown below.
2 answers:
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Answer:
The balance be after he has made exactly half of his monthly payments is $56881.4.
Step-by-step explanation:
Given : Dean took out a 10-year loan for $40,000 at an APR of 4% compounded monthly.
To find : What will his balance be after he has made exactly half of his monthly payments?
Solution :
Formula of monthly payment ,
Discount factor
Where, Amount = $40,000
Rate r= 4% compounded monthly
Time = 10 years
Now, put all the values we get,
Half of the monthly payment is $807.345
Payment for 10 years is
The balance is $96881.4-$40000=$56881.4
Therefore, The balance be after he has made exactly half of his monthly payments is $56881.4.
Answer:
- 30.5 cm
Step-by-step explanation:
<em>Refer to attached</em>
- Height of plants (h) >> Frequency >> Midpoint >> Frequency x midpoint
- 0 <h < 10 >> 1 >> 5 >> 5
- 10 <h < 20 >> 4 >> 15 >> 60
- 20 <h < 30 >> 7 >> 25 >> 175
- 30 <h < 40 >> 2 >> 35 >> 70
- 40 <h < 50 >> 3 >> 45 >> 135
- 50 <h < 60 >> 3 >> 55 >> 165
Sum of frequencies = 20
Sum of frequency x midpoint product = 610
<u>Mean height </u>
- 610/20 = 30.5 cm
