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:
Step-by-step explanation:
Given
Required
Determine the reduction when paid is reduced to 49 weeks
First, we need to determine the weekly pay
Next, is to determine the pay for 49 weeks;
Subtract the 49 week pay from 52 weeks pay to get the payment reduction;
In statistics, the amount of degrees of freedom is
the quantity of values in the final computation of a statistic that are free to
differ. In this case, you can get the answer by adding the number of bags
and subtracting 1.
So in computation, this would look like: 3 + 2 + 1 + 2 - 1 =
7
Therefore, 7 is the degrees of freedom.
