3 divided by 6 it hard

Answers

Answer 1

Answer:

3/6 = 1/2 = 0.5

Step-by-step explanation:

3 / 6 = 1/2 = 0.5

Answer 2
3/6 = 1/2 or 0.5 ......

Related Questions

How many 4 digit palidromes are there?

Answers

Answer: There are 90 four-digit palindromes from 1001-9999.
90 digit palindromes in al

Chloe wants to wrap a present in a box for Sarah. The top and bottom of the box is 8 in. by 3 in., the sides are both 3 in by 2 in. and the front and back are 8 in by 2 in. How much wrapping
paper will Chloe need to wrap the present?

Answers

Answer:

92 inches squared

Step-by-step explanation:

T/P = 8 * 3

L/R = 3 * 2

F/B = 8 * 2

Solving for surface area!

2(24) + 2(6) + 2(16) = 92

What is 2-(-8)????? And how do you solve it????

Answers

Answer: 10

Subtracting a negative is the same as adding a positive. So 2-(-8) is really 2+8 = 10.

With something like 2-8, we start at 2 and move to the left 8 units to arrive at -6 on the number line. When we do 2-(-8), we start at 2 and move 8 units in the opposite direction since -8 is the opposite of 8.

In terms of money, you can think of a negative number as an IOU or it represents the amount of debt. Writing -8 means you are 8 dollars in debt. If we subtract away debt, then we have less of it and effectively its the same as adding dollars to your pocket. Subtracting away 8 dollars of debt is the same as adding 8 dollars to your pocket, which is one interpretation of how 2-(-8) is the same as 2+8.

name all the pairs of angles which are vertical angles , alternate interior angles , alternate exterior angles , co interior angles , co exterior angles , and corresponding angles from the given figure . (co interior - interior angles on the same side of transversal)

Answers

Answer:

Step-by-step explanation:

Since m and k are the parallel lines and a transverse 'l' is intersecting these lines at two different points.

- Opposite angles at the point of intersection of parallel lines and the transverse will be the vertical angles.

∠1 ≅ ∠3, ∠2 ≅ ∠4, ∠5 ≅ ∠8 and ∠6 ≅ ∠7 [Vertical angles]

- Pair of angles between parallel lines 'k' and 'm' but on the opposite side of the transversal are the alternate interior angles.

∠4 ≅ ∠6 and ∠3 ≅ ∠5 [Alternate interior angles]

- Angles having the same relative positions at the point of intersection are the corresponding angles.

∠2 ≅ ∠6, ∠3 ≅ ∠8, ∠4 ≅ ∠7 and ∠1 ≅ ∠5 [Corresponding angles]

- Co interior angles are the angles between the parallel lines located on the same side of the transversal.

∠4 and ∠5, ∠3 and ∠6 [Co interior angles]

- Co exterior angles are the angles on the same side of the transverse but outside the parallel lines.

∠2 and ∠8, ∠1 and ∠7 [Co exterior angles]

The higher the bowling score the better. The lower the golf score the better. Assume both are normally distributed. a. Suppose we have a sample of the Santa Ana Strikers' bowling scores. Q1 = 125 and Q3 = 156. Would it be usual or unusual to have a score of 200?b. Suppose the mean bowling score is 155 with a standard deviation of 16 points. What is the probability that in a sample of 40 bowling scores, the mean will be smaller than 150?c. Suppose the mean golf score is 77 with a standard deviation of 3 strokes We will give a trophy for the best 5% of scores. What score must you get to receive a trophy? d. Suppose the mean golf score is 77 with a standard deviation of 3 strokes. Would a golf score of 70 be ordinary, a mild outlier, or an extreme outlier?

Answers

Answer:

Explained below.

Step-by-step explanation:

(a)

The first and third quartiles of bowling scores are as follows:

Q₁ = 125 and Q₃ = 156

Then the inter quartile range will be:

IQR = Q₁ - Q₃

      = 156 - 125

      = 31

Any value lying outside the range (Q₁ - 1.5×IQR, Q₃ + 1.5×IQR) are considered as unusual.

The range is:

(Q₁ - 1.5×IQR, Q₃ + 1.5×IQR) = (125 - 1.5×31, 156 + 1.5×31)

                                               = (78.5, 202.5)

The bowling score of 200 lies in this range.

Thus, the bowling score of 200 is usual.

(b)

Compute the probability that the mean bowling score will be smaller than 150 as follows:

[tex]P(\bar X<150)=P(\frac{\bar X-\mu}{\sigma/\sqrt{n}}<\frac{150-155}{16/\sqrt{40}})[/tex]

                  [tex]=P(Z<-1.98)\\=1-P(Z<1.98)\\=1-0.97615\\=0.02385\\\approx 0.024[/tex]

Thus, the probability that in a sample of 40 bowling scores, the mean will be smaller than 150 is 0.024.

(c)

It is provided that, the lower the golf score the better.  

So, the best 5% of scores would be the bottom 5%.

That is, P (X > x) = 0.05.

⇒ P (Z > z) = 0.05

⇒ P (Z < z) = 0.95

z = 1.645

Compute the value of x as follows:

[tex]z=\frac{x-\mu}{\sigma}\\\\1.645=\frac{x-77}{3}\\\\x=77+(3\times 1.645)\\\\x=81.935\\\\x\approx 82[/tex]

Thus, the score is 82.

(d)

A z-scores outside the range (-2, +2) are considered as mild outlier and the z-scores outside the range (-3, +3) are considered as extreme outlier.

Compute the z-score for the golf score of 70 as follows:

[tex]z=\frac{x-\mu}{\sigma}[/tex]

  [tex]=\farc{70-77}{3}\\\\=\frac{-7}{3}\\\\=-2.33[/tex]

As the z-score for the golf score of 70 is less than -2, it is considered as a mild outlier.

Question 15 please and i will mark the brainliest!!! And thank you to whoever answers

Answers

Answer: C) 12

Explanation:

We have 4 options for the first choice and 3 options for the next. So there are 4*3 = 12 different combos possible. The tree diagram below shows 12 different paths to pick from. For instance, the right-most path has us pick the number 4 and the color yellow.

Solve for x. 2x+3≤x−5 x≤−8 x≤2 x≤8 x≤−2

Answers

Answer:

x≤−8

Step-by-step explanation:

2x+3≤x−5

Subtract x from each side

2x-x+3≤x-x−5

x+3≤−5

Subtract 3 from each side

x+3-3≤−5-3

x≤−8

Answer:

[tex]\huge \boxed{x \leq -8}[/tex]

Step-by-step explanation:

[tex]2x+3 \leq x-5[/tex]

[tex]\sf Subtract \ x \ from \ both \ parts.[/tex]

[tex]2x+3 -x\leq x-5-x[/tex]

[tex]\sf Simplify \ the \ inequality.[/tex]

[tex]x+3 \leq -5[/tex]

[tex]\sf Subtract \ 3 \ from \ both \ parts.[/tex]

[tex]x+3-3 \leq -5-3[/tex]

[tex]\sf Simplify \ the \ inequality.[/tex]

[tex]x \leq -8[/tex]

Even though the population standard deviation is unknown, an investigator uses z rather than the more appropriate t to test a hypothesis at the .01 level of significance. In this situation the true level of significance of this test is

Answers

Answer:

The true true level of significance of this test is more than 0.01.

Step-by-step explanation:

No standard deviation and we are told that the investigator still used z rather than the more appropriate t - distribution.

This method of using the z-distribution when standard deviation is unknown will definitely result in a smaller critical value and this in turn simply means that the p-value will be smaller than what it should really be.

Thus, it means the critical value is getting closer to the mean value than the way it should be.

Therefore, means that for a given significance of 0.01 and using the z-distribution under this no standard deviation situation, the true true level of significance of this test is more than 0.01.

State the correct polar coordinate for the graph shown:

Answers

Answer:

Solution : ( - 8, - 5π/3 )

Step-by-step explanation:

There are four cases to consider here, the first two with respect to r > 0, the second two with respect to r < 0. For r < 0 we have the coordinates ( - 8, 60° ) and ( - 8, - 300° ) . - 300° in radians is - 5π/3, and hence our solution is option d. But let me expand on how to receive the coordinates. Again r is the directed distance from the pole, and theta is the directed angle from the positive x - axis.

So when r is either negative or positive, we can tell that this point is 8 units from the pole. Therefore - r = - 8 in both our second cases ( we are skipping the first two cases for simplicity ). For r < 0 the point will lay on the ray pointing in the opposite direction of the terminal side of theta.

Our first coordinate is ( - 8, 60° ). Theta will be 2 / 3rd of 90 degrees, or 60 degrees, for - r. Respectively the remaining degrees will be negative, 360 - 60 = 300, - 300. Our second point for - r will thus be ( - 8, - 300° ) . - 300° = - 5π/3 radians, and our coordinate will be ( - 8, - 5π/3 ).

Choose the best answer to the following question. Explain your reasoning with one or more complete sentences. At​ 11:00 you place a single bacterium in a​ bottle, and at​ 11:01 it divides into 2​ bacteria, which at​ 11:02 divide into 4​ bacteria, and so on. How many bacteria will be in the bottle at​ 11:30?

Answers

Answer:

we could work this out by geometric sequence

Step-by-step explanation:

G1=2, G2=4, we have a formula,Gn=G1r^n-1

G2=G1 (r)^1, 4=2r, r=2

G30=G1 (2)^29=1,073,741,824 bacterium

what is the end point of a ray​

Answers

Answer:

point A is the rays endpoint

Step-by-step explanation:

Answer:

The "endpoint" of a ray is the origin point of the ray, or the point at which the ray starts.

Step-by-step explanation:

A ray starts at a given point, the endpoint, and then goes in a certain direction forever ad infinitum.  The origin point of a ray is called "the endpoint".

Cheers.

the bold answer is incorrect. what is the right answer?

Answers

Answer: first choice

Explanation:

A complementary angle are two angles add up to 90 degree

Let A and B be events. The symmetric difference A?B is defined to be the set of all elements that are in A or B but not both.
In logic and engineering, this event is also called the XOR (exclusive or) of A and B.
Show that P(AUB) = P(A) + P(B)-2P(AnB), directly using the axioms of probability.

Answers

Correction:

P(AΔB) = P(A) + P(B) - 2P(AnB)

is what could be proven using the axioms of probability, and considering the case of symmetric difference given.

Answer:

P(AΔB) = P(A) + P(B) - 2P(AnB)

Has been shown.

Step-by-step explanation:

We are required to show that

P(AUB) = P(A) + P(B) - 2P(AnB)

directly using the axioms of probability.

Note the following:

AUB = (AΔB) U (AnB)

Because (AΔB) U (AnB) is disjoint, we have:

P(AUB) = P(AΔB) + P(AnB)..................(1)

But again,

P(AUB) = P(A) + P(B) - P(AnB)...............(2)

Comparing (1) with (2), we have

P(AΔB) + P(AnB) = P(A) + P(B) - P(AnB)

P(AΔB) = P(A) + P(B) - 2P(AnB)

Where AΔB is the symmetric difference of A and B.

Enter an expression that is equivalent to (6x2−1)+(x2+3)−2(x2−5)−15x2, combining all like terms. Use the on-screen keyboard to type the correct polynomial in the box below.

Answers

Answer:

Its 10x^2+12

Step-by-step explanation:

Answer:

-10X^2+12

Step-by-step explanation:

The joint density function for a pair of random variables X and Y is given. f(x, y) = Cx(1 + y) if 0 ≤ x ≤ 4, 0 ≤ y ≤ 4 0 otherwise f(x,y) = 0
A) Find the value of the constant C. I already have 1/24.
B) Find P(X < = 1, Y < = 1)
C) Find P(X + Y < = 1).

Answers

Answer:

A) C = 1/96

B) P(x<=1, y<=1) = 1/128 or 0.0078125 to 7 places

C) P(x+y<=1) = 5/2305, or 0.0021701 to 7 places

Step-by-step explanation:

f(x,y) = C x (1+y)

A)

To find C, we need to integrate the volume under region bound by

0 <= x <= 4, and

0 <= y <= 4

This volume equals 1.0.

Find integral,

int( int(f(x,y),x=0,4), y = 0,4) = 96C

therefore C = 1/96

or

F(x,y) = x (1+y) / 96  ............................(1)

B)

P(x<=1, y<=1)

Repeat the integral, substitute the appropriate limits,

P = int( int(F(x,y),x=0,1), y = 0,1)

= 1/128 or 0.0078125

P(x<=1, y<=1) = 1/128 or 0.0078125 to 7 places

C)

P(x+y<=1)

From the function, we know that this is going to be less than one half of the probability in (B), closer to 1/4 of the previous.

It will be again a double integral, as follows:

P = int( int(F(x,y),x=0,1-y), y = 0,1)

= 5/2304

= 0.0021701 (to 7 decimals)

P(x+y<=1) = 5/2305, or 0.0021701 to 7 places

Identify the recursive formula for the sequence given by the explicit formula f(n) = 20 – 4(n − 1).

Answers

Answer:

[tex]\huge\boxed{f(n)=\left\{\begin{array}{ccc}f(1)=20\\f(n)=f(n-1)-4\end{array}\right}[/tex]

Step-by-step explanation:

[tex]f(n)=20-4(n-1)=20+(n-1)(-4)\\\\\text{It's an explicit formula of an arithmetic sequence:}\\\\f(n)=a_1+(n-1)(d)\\\\a_1-\text{first term}\\d-\text{common difference}\\\\\text{Conclusion:}\\\text{Next term}=\text{previous one}\ -4\\\\\text{The recursive formula:}\\\\\huge\boxed{f(n)=\left\{\begin{array}{ccc}f(1)=20\\f(n)=f(n-1)-4\end{array}\right}[/tex]

Answer:

Step-by-step explanation:

someone answered already

While you can use the correlation coefficient as its own test statistic, what is the other appropriate test statistic often used to examine the significance of a correlation

Answers

Answer:

T-test

Step-by-step explanation:

Significance of correlation between two variables x and y measures the strength and direction of their relationship. This is used to make future forecasts of the behaviour of a variable under study.

Correlation coefficient can be used to measure significance of correlation, but we can also use the t-test.

T-test is a statistics that is inferential. It measures the significance of difference between the means of two groups.

T-test is the statistic of choice when carrying out hypothesis testing.

T distribution values and degrees of freedom are used to determine statistical significance.

For example the means of two samples can be compared to determine of the come from the same population

A planet rotates on an axis through its poles and 1 revolution takes 1 day 1 day is 24 hours. The distance from the axis to a location the planet 30 degrees north latitude is about 3387.5 miles.​ Therefore, a location on the planet at 30 degrees north latitude is spinning on a circle of radius 3387.5 miles.

Compute the linear speed on the surface of the planet at 30 degrees north latitude.

Answers

Answer:

The velocity is  [tex]v = 886.96 \ m/s[/tex]

Step-by-step explanation:

From the question we are told that

    The period of each revolution is  [tex]T = 1\ day = 24 \ hours[/tex]

    The angle  is [tex]\theta = 30^o[/tex]

     The radius is  [tex]r = 3387.5 \ miles[/tex]

Generally the linear speed is  mathematically represented as

        [tex]v = w * r[/tex]

Where  [tex]w[/tex] is the angular speed which is mathematically represented as

       [tex]w = \frac{2 \pi }{T}[/tex]

substituting values

       [tex]w = \frac{2 *3.142 }{24}[/tex]

        [tex]w = 0.2618 \ rad/s[/tex]

Thus  

         [tex]v = 0.261833 * 3387.5[/tex]

        [tex]v = 886.96 \ m/s[/tex]

     

I WILL RATE YOUR BRAINLIEST Marius opened a savings account. The sequence {200, 208, 216.30, 225, …} describes the amount of interest he earns each year his account is active. If this pattern continues, how much total interest will Marius have earned by the 30th year the account is active?

Answers

Answer:

11,215

Step-by-step explanation:

Given the sequence of interest earned by Marius on his savings account as

200, 208, 216.30, 225, …, the sequence of interest forms a geometric sequence since they have a common ratio.

[tex]r =\frac{T_2}{T_1}= \frac{T_3}{T_2}= \frac{T_4}{T_3}\\ r =\frac{208}{200}= \frac{216.30}{208}= \frac{225}{216.30} \approx 1.04[/tex]

To get how much total interest will Marius have earned by the 30th year the account is active, we will find the sum of the first 30 terms of the geometric sequence as shown.

[tex]S_n =\frac{ a(r^n-1)}{r-1} \ for \ r> 1\\ \\\\ n = 30, a = 200, r = 1.04\\S_{30} = \dfrac{ 200(1.04^{30}-1)}{1.04-1}\\\\S_{30} = \dfrac{ 200(3.243-1)}{0.04}\\\\S_{30} = \dfrac{ 200(2.243)}{0.04}\\\\S_{30} = \dfrac{ 448.6}{0.04}]\\\\S_{30} = 11,215[/tex]

Hence total interest that Marius will earn by the 30th year the account is active is 11,215.

the correct answer is

S30= 200(1-1.04^n)/1-1.04

i took the test

If Q(x)=x2−6x−2, find Q(−4).

Answers

Answer:

Q(-4) = 38

Step-by-step explanation:

Q(x)=x² − 6x − 2

To find Q(−4) substitute the value of x which is - 4 into Q(x)

That's

Q(-4) = (-4)² - 6(-4) - 2

Q(-4) = 16 + 24 - 2

We have the final answer as

Q(-4) = 38

Hope this helps you

Which of the following expressions represents a function? (5 points) a {(1, 2), (4, −2), (8, 3), (9, −3)} b y2 = 16 − x2 c 2x2 + y2 = 5 d x = 7

Answers

Answer: Option "a" is the only expression that represents a function.

Step-by-step explanation:

A function f(x) = y is a "operator" that takes an input element, x, and assigns it to only one output element, y.

So, if we have that for a given value of x.

f(x) = y and f(x) = h

where y and h are different values, then this is not a function, because is assigning the input value x to two different output values.

Let's see the different options:

a) {(1, 2), (4, −2), (8, 3), (9, −3)}

This points are of the form (x, y)

We can see that each value of x is assigned to only one value of y, so this can represent a function.

b)  y^2 = 16 − x^2

Ok, suppose that x = 0, then:

y^2 = 16 - 0 = 16

then we have that y*y = 16.

So y can take two different values:

y = 4 ---> 4*4 = 16

y = -4 ---> -4*-4 = 16.

So this is not a function.

c) 2x^2 + y^2 = 5

First, we want to isolate y in one side:

y^2 = 5 - 2*x^2

Here we have a similar case to the option b, and we can use a similar argument to prove that this is not a function, so we can discard this.

d) x = 7.

Ok, this is not a relation between two variables, so this is not a function, as if x is the input value, we have only one value of x that solves the equation.

Using the FOIL method, find the product of x - 2 and x - 3 .

Answers

FOIL = first, outside, inside, last
(x - 2)(x - 3)
x^2 -3x - 2x + 6
x^2 - 5x + 6

Answer:

[tex] \boxed{ {x}^{2} - 5x + 6}[/tex]

Step-by-step explanation:

[tex] \mathsf{(x - 2)(x - 3)}[/tex]

Multiply each term in the first parentheses by each term in the second parentheses ( FOIL )

[tex] \mathsf{x×x - 3x - 2x - 2 × ( - 3 )}[/tex]

Calculate the product

[tex] \mathsf{ {x}^{2} - 3x - 2x - 2 \times (- 3)}[/tex]

Multiply the numbers

[tex] \mathsf{ {x}^{2} - 3x - 2x + 6 }[/tex]

Collect like terms

[tex] \mathsf{ {x}^{2} - 5x + 6}[/tex]

Hope I helped!

Best regards!

Nala can spend no more than $150 per month on gasoline. She has already purchased $60 in gas this month. Which inequality can be used to find the maximum number of fill-ups she can purchase during the rest of the month, assuming each fill-up costs $30? 30n + 60 > 150 30n + 60 150

Answers

Answer:

150<60+30n

Step-by-step explanation:

150 is the maximum amount that she can spend on gas. (which is the total)

she already spend $60

each fill up (n) costs 30

Answer:

the answer is B)

Step-by-step explanation:

Given: AQRS where m2Q = 20° and m2S = 90°
R
1,000 meters
Q
S
What is the length of segment RS?
342 m
364 m
500 m
940 m

Answers

Answer:

342 m

Step-by-step explanation:

SIn(20) * 1000 = RS

342 = RS

find the value of x - Secant and Tangent Angles in Circles

Answers

Answer:

  C.  70°

Step-by-step explanation:

The inscribed angle marked 15° intercepts an arc that is double that measure, so the intercepted arc on the right is 2×15° = 30°.

The external angle marked 20° is half the difference of the intercepted arcs, so is ...

  20° = (1/2)(x - 30°)

  40° = x - 30° . . . . . . multiply by 2

  70° = x . . . . . . . . . . . add 30°

The value of x is 70°.

Marine ecologists estimate the reproduction curve for swordfish in a fishing ground to be f(p) = −0.01p2 + 9p, where p and f(p) are in hundreds. Find the population that gives the maximum sustainable yield, and the size of the yield.

Answers

Answer:

The population that gives the maximum sustainable yield is 45000 swordfishes.

The maximum sustainable yield is 202500 swordfishes.

Step-by-step explanation:

Let be [tex]f(p) = -0.01\cdot p^{2}+9\cdot p[/tex], the maximum sustainable yield can be found by using first and second derivatives of the given function: (First and Second Derivative Tests)

First Derivative Test

[tex]f'(p) = -0.02\cdot p +9[/tex]

Let equalize the resulting expression to zero and solve afterwards:

[tex]-0.02\cdot p + 9 = 0[/tex]

[tex]p = 450[/tex]

Second Derivative Test

[tex]f''(p) = -0.02[/tex]

This means that result on previous part leads to an absolute maximum.

The population that gives the maximum sustainable yield is 45000 swordfishes.

The maximum sustainable yield is:

[tex]f(450) = -0.01\cdot (450)^{2}+9\cdot (450)[/tex]

[tex]f(450) =2025[/tex]

The maximum sustainable yield is 202500 swordfishes.

Marking as brainyest PLEASE HELP

How does f(x) = 9x change over the interval from x = 3 to x = 4? A) f(x) increases by 100% B) f(x) increases by 800% C) f(x) increases by 900% D) f(x) increases by 1000%

Answers

Answer:

C) f(x) increases by 900%

Step-by-step explanation:

The rate of change is

f(4) - f(3)

---------------

4-3

f(4) = 9*4 = 36

f(3) = 9*3 = 27

36 -27

---------------

4-3

9

-----

1

The rate of change is 9

To change to a percent, multiply by 100%

9*100% = 900%

Answer:

Increases by 900%

Step-by-step explanation:

● f(x) = 9x

The rate of change is:

● r = (36-27)/(4-3) = 9

So the function increses nine times wich is equivalent to 900%

Answer the questions attached about the given sequence: -33, -27, -21, -15, ...

Answers

Answer:

see below

Step-by-step explanation:

-33, -27, -21, -15,....

-33 +6 = -27  

-27+6 = -21

-21+6 = -15

This is an arithmetic sequence

The common difference is +6

explicit formula

an=a1+(n-1)d  where n is the term number and d is the common difference

an = -33 + ( n-1) 6

an = -33 +6n -6

an = -39+6n

recursive formula

an+1 = an +6

10th term

n =10

a10  = -39+6*10

      = -39+60

      =21

sum formula

see image

The sum will diverge since we are adding infinite numbers

Scores on a college entrance examination are normally distributed with a mean of 500 and a standard deviation of 100. What percent of people who write this exam obtain scores between 350 and 650?

Answers

Answer:

The percentage is [tex]P(350 < X 650 ) = 86.6\%[/tex]

Step-by-step explanation:

From the question we are told that

   The population mean is  [tex]\mu = 500[/tex]

     The standard deviation is  [tex]\sigma = 100[/tex]

The  percent of people who write this exam obtain scores between 350 and 650    

    [tex]P(350 < X 650 ) = P(\frac{ 350 - 500}{ 100} <\frac{ X - \mu }{ \sigma } < \frac{650 - 500}{ 100} )[/tex]

Generally  

               [tex]\frac{X - \mu }{\sigma } = Z (The \ standardized \ value \ of \ X )[/tex]

   [tex]P(350 < X 650 ) = P(\frac{ 350 - 500}{ 100} <Z < \frac{650 - 500}{ 100} )[/tex]

   [tex]P(350 < X 650 ) = P(-1.5<Z < 1.5 )[/tex]

   [tex]P(350 < X 650 ) = P(Z < 1.5) - P(Z < -1.5)[/tex]

From the z-table  [tex]P(Z < -1.5 ) = 0.066807[/tex]

   and [tex]P(Z < 1.5 ) = 0.93319[/tex]

=>    [tex]P(350 < X 650 ) = 0.93319 - 0.066807[/tex]

=>  [tex]P(350 < X 650 ) = 0.866[/tex]

Therefore the percentage is  [tex]P(350 < X 650 ) = 86.6\%[/tex]

Charlie needs a $275,000 mortgage and he'd like to pay it off in 30 years. He is considering two banks. Bank A: 3.5% with monthly payments of $1234.87 Bank B: 4% with monthly payments of $1312.89 Charlie doesn't think a 0.5% difference is that much. What is the difference between these two bank loans with total interest paid over the life of the loan?

Answers

Answer:

Difference in interest= $41,250

Step-by-step explanation:

To calculate the interest paid on each bank loan we use the following formula

Interest = Principal * Rate * Time

For Bank A

Interest = 275,000 * 0.035 * 30

Interest = $288,750

For Bank B

Interest = 275,000 * 0.04 * 30

Interest = $330,000

Therefore

Difference in interest= 330,000 - 288,750

Difference in interest= $41,250

Therefore if the mortgage is taken from Bank B he will pay an extra $41,250 on the loan.

The 0.5% difference in rates has a large impact over the 30 year term loan

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