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6. The average monthly mortgage payment including principal and interest is $982 in the United States....
Full-time Ph.D. students receive an average of $12,837 per year. If the average salaries are normally...
Full-time Ph.D. students receive an average of $12,837 per year. If the average salaries are normally distributed with a standard deviation of $1500, find these probabilities. Round the final answers to four decimal places and intermediate-value calculations to 2 decimal places. Chec Source: U.S. Education Department, Chronicle of Higher Education. Guic Part 1 Shc The student makes more than $13,900 Ask P(X> 13,900)= 0.2389 Lin Part 2 out of 2 The student makes between $13,600 and $14,600. P (13,600 s...
Determine the monthly principal and interest payment for a 20-year mortgage when the amount financed is $255,000 and...
Determine the monthly principal and interest payment for a 20-year mortgage when the amount financed is $255,000 and the annual percentage rate (APR) is 40%. The monthly principal and interest payment is $ (Round to the nearest cent as needed)
Determine the monthly principal and interest payment for a 20-year mortgage when the amount financed is $255,000 and the annual percentage rate (APR) is 40%. The monthly principal and interest payment is $ (Round to the nearest cent as needed)
According to the United States Department of Agriculture, the monthly grocery budget for a family of...
According to the United States Department of Agriculture, the monthly grocery budget for a family of 4 ranges between $557.17 and $1212.17. If we assume grocery budgets are normally distributed, then the mean grocery budget would be $884.67 with a standard deviation of $109.1675. a. Between what two values do we expect the middle 68% of grocery budgets to fall? o between $ and $ b. What is the probability the monthly grocery bill for a family of 4 is...
Determine the monthly principal and interest payment for a 15-year mortgage when the amount financed is...
Determine the monthly principal and interest payment for a 15-year mortgage when the amount financed is $95.000 and the annual percentage rate (APR) is 7.0%. The monthly principal and interest payment is $| (Round to the nearest cent as needed.) Monthly Principal and Interest Payment per $1000 of Mortgage 20 Rate % 4.0 4.5 5.0 5.5 6.0 6.5 7.0 7.5 8.0 8.5 9.0 9.5 10.0 10.5 10 $10.12451 10.36384 10.60655 10.85263 11.10205 11.35480 11.61085 11.87018 12.13276 12.39857 12.66758 12.93976 13.21507...
The average monthly mortgage payment for all homeowners in a city follows a normal distribution with...
The average monthly mortgage payment for all homeowners in a city follows a normal distribution with a mean of $2850 and a standard deviation of $420. Find the probability that the monthly mortgage paid by a randomly selected homeowner from this city is: less than $2100 more than $2600 between $3200 and $3700
rate loan Solve the problem. Monthly Payment per $1000 of Mortgage Monthly payment Interest 15-year 20-year...
rate loan Solve the problem. Monthly Payment per $1000 of Mortgage Monthly payment Interest 15-year 20-year 25-year loan loan 9.5% $18.45 $9.33 $8.73 10. Bx L $10.95 $9.66 $9.09 10.5% $11.06 $9.99 $9.45 11.87. $11.37 $10.33 $9.81 11.5%. $11.69 $10.66 $10.16 1282 . $12.61 $11.01 $10.53 12.5% $12.33 $11.36 $10.90 13. $12.66 $11.72 $11.28 30-year loan $8.41 $8.78 $9.15 $9.53 $9.90 $10.29 $10.67 $11.06 Constance Hairston obtains a 25-year, $125,250 mortgage at 13% on a house selling for $150,000. Her...
could you solve these 4 questions. Thank you Marks for this submission: 1.00/1.00 The national average...
could you solve these 4
questions. Thank you
Marks for this submission: 1.00/1.00 The national average SAT score (for Verbal and Math) is 1028 with a standard deviation of 92. What is the probability that a randomly selected score exceeds 1200? ete o 1.00 Select one: estion a. 0.41 b. 0.88 c. 0.59 d. 0.12 e. Cannot be determined Check In the university library elevator there is a sign indicating a 16-person limit as well as a weight limit of...
Question 19 1 pts The breakdown the interest and principal payments of monthly mortgage payments over...
Question 19 1 pts The breakdown the interest and principal payments of monthly mortgage payments over the life of the loan. graduated payment schedule securitization schedule growing equity schedule None is the correct answer amortization schedule
Suppose that, on average, electricians earn approximately µ = $54,000 per year in the United States....
Suppose that, on average, electricians earn approximately µ = $54,000 per year in the United States. Assume that the distribution for electricians’ yearly earnings is normally distributed and that the standard deviation is σ = $12,000. Given a sample of four electricians, what is the standard deviation for the sampling distribution of the sample mean? 6,000 12,000 36,000 54,000
Find the monthly payment needed to amortize principal and interest for the fixed-rate mortgage. Use either...
Find the monthly payment needed to amortize principal and interest for the fixed-rate mortgage. Use either the regular monthly payment formula or the given table. Loan Amount Interest Rate Term $210,500 L 9% 25 years Click the icon to view the Real Estate Amortization Table. The monthly payment is s (Round to the nearest cent as needed.) years Amort Monthly payments to Repay Principal and Interest on a $1000 mortgage Annual Term of Mortgage (years) rate 20 25 30 4...
Full-time Ph.D. students receive an average of $12,837 per year. If the average salaries are normally distributed with a standard deviation of $1500, find these probabilities. Round the final answers to four decimal places and intermediate-value calculations to 2 decimal places. Chec Source: U.S. Education Department, Chronicle of Higher Education. Guic Part 1 Shc The student makes more than $13,900 Ask P(X> 13,900)= 0.2389 Lin Part 2 out of 2 The student makes between $13,600 and $14,600. P (13,600 s...
Determine the monthly principal and interest payment for a 20-year mortgage when the amount financed is $255,000 and the annual percentage rate (APR) is 40%. The monthly principal and interest payment is $ (Round to the nearest cent as needed)
Determine the monthly principal and interest payment for a 20-year mortgage when the amount financed is $255,000 and the annual percentage rate (APR) is 40%. The monthly principal and interest payment is $ (Round to the nearest cent as needed)
According to the United States Department of Agriculture, the monthly grocery budget for a family of 4 ranges between $557.17 and $1212.17. If we assume grocery budgets are normally distributed, then the mean grocery budget would be $884.67 with a standard deviation of $109.1675. a. Between what two values do we expect the middle 68% of grocery budgets to fall? o between $ and $ b. What is the probability the monthly grocery bill for a family of 4 is...
Determine the monthly principal and interest payment for a 15-year mortgage when the amount financed is $95.000 and the annual percentage rate (APR) is 7.0%. The monthly principal and interest payment is $| (Round to the nearest cent as needed.) Monthly Principal and Interest Payment per $1000 of Mortgage 20 Rate % 4.0 4.5 5.0 5.5 6.0 6.5 7.0 7.5 8.0 8.5 9.0 9.5 10.0 10.5 10 $10.12451 10.36384 10.60655 10.85263 11.10205 11.35480 11.61085 11.87018 12.13276 12.39857 12.66758 12.93976 13.21507...
rate loan Solve the problem. Monthly Payment per $1000 of Mortgage Monthly payment Interest 15-year 20-year 25-year loan loan 9.5% $18.45 $9.33 $8.73 10. Bx L $10.95 $9.66 $9.09 10.5% $11.06 $9.99 $9.45 11.87. $11.37 $10.33 $9.81 11.5%. $11.69 $10.66 $10.16 1282 . $12.61 $11.01 $10.53 12.5% $12.33 $11.36 $10.90 13. $12.66 $11.72 $11.28 30-year loan $8.41 $8.78 $9.15 $9.53 $9.90 $10.29 $10.67 $11.06 Constance Hairston obtains a 25-year, $125,250 mortgage at 13% on a house selling for $150,000. Her...
could you solve these 4
questions. Thank you
Marks for this submission: 1.00/1.00 The national average SAT score (for Verbal and Math) is 1028 with a standard deviation of 92. What is the probability that a randomly selected score exceeds 1200? ete o 1.00 Select one: estion a. 0.41 b. 0.88 c. 0.59 d. 0.12 e. Cannot be determined Check In the university library elevator there is a sign indicating a 16-person limit as well as a weight limit of...
Question 19 1 pts The breakdown the interest and principal payments of monthly mortgage payments over the life of the loan. graduated payment schedule securitization schedule growing equity schedule None is the correct answer amortization schedule
Find the monthly payment needed to amortize principal and interest for the fixed-rate mortgage. Use either the regular monthly payment formula or the given table. Loan Amount Interest Rate Term $210,500 L 9% 25 years Click the icon to view the Real Estate Amortization Table. The monthly payment is s (Round to the nearest cent as needed.) years Amort Monthly payments to Repay Principal and Interest on a $1000 mortgage Annual Term of Mortgage (years) rate 20 25 30 4...
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