Answer:
$106
Step-by-step explanation:
The formula given for Monthly payment of a loan =
P × [ r (1 + r)/(1 + r)^n - 1
Where
r = interest rate
n = number of monthly payments
P = Present value of the loan
From the question,
r = interest rate, we were told to ignore hence, r = 0
P = $3,175
n = 30
Hence,
Amount to be paid monthly = P/n
= $3175/30
= $105.83
Approximately to the nearest dollars
= $106
A.
x + 2y = –1
B.
x + 2y = 1
C.
x – 2y = 1
D.
–5x + 2y = –1
Answer:
Step-by-step explanation:
Given that you choose at random a real number X from the interval [2, 10].
a) Since this is a contnuous interval with all number in between equally likely
E = probability for choosing a real number is U(2,10)
pdf of E is
b) P(X>5) =
For
P(X<5 or x>7) = 1-P(5<x<7)
=
The density functionof a real number selected randomly within the range [2,10] is 1/8, with the probability of an event being the difference between the two values divided by 8. The probabilities that X is greater than 5, lies between 5 and 7 and that the inequality X^2 - 12X + 35 > 0 always holds are 5/8, 1/4 and 1 respectively.
The subject of this question is probability, particularly continuous uniform distribution. (a) A real number X selected from a certain interval [2, 10] has a continuous uniform distribution. Hence, the density function f(x) = 1/(b-a) = 1/8 for 2 ≤ x ≤ 10 and0otherwise. The probability of an event E, where E is [a,b], is the integral of f(x) from a to b, which is (b-a)/(10-2).
(b) Probability that X > 5 is the integral of f(x) from 5 to 10, which is (10-5)/8 = 5/8. Probability that 5 < X < 7 is the integral from 5 to 7, which is (7-5)/8 = 1/4. Lastly, the inequality X^2 - 12X + 35 > 0 factors out to (X-5)^2 + 10 > 0 which is always true as square number is always non-negative, thus the probability is 1.
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B.) the ability to repair bad credit
C.) the ability to repair a debt
Creditworthiness is the ability to repair a debt.
Option C is the correct answer.
Creditworthiness is a valuation performed by lenders that tells about the borrower on his debtobligations such as repayment history and credit score.
We have,
Creditworthiness means a person's suitability to receive financial credit based on the reliability of giving back the financial credit in time in the past.
So,
Creditworthiness can also be said as the ability to repair a debt.
Thus,
Creditworthiness is the ability to repair a debt.
Learn more about creditworthiness here:
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Explanation:
Division by any number is the same as multiplication by its inverse (reciprocal). In this case, ...
Multiplication of fractions is done in the usual way.