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what are the answer to these questionBased on what you have read so far, what is the one thing that always changes when a scene
7 answers
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What is the sum of the first 70 consecutive odd numbers?
2 answers
3,603 views
Find the cost of a home in 20 years, assuming an annual inflation rate of 2%, if the present value of the house is $280,000.
0 answers
734 views
Develop a tree diagram for tossing two, eight-sided gaming dice to figure out how many possibilities there are. Discuss the
0 answers
388 views
A history teacher gives a 27 question T-F exam. In how many different ways can the test be answered if the possible answers are
1 answer
530 views
Choose a natural number between 1 and 25, inclusive. What is the probability that the number is a multiple of 3?
1 answer
1,348 views
What is the probability of obtaining a sum of at least 7 when rolling a pair of dice?
1 answer
529 views
a die with eight sides, marked one, two, three, and so on. Assuming equally likely outcomes,
1 answer
393 views
Five years ago, you bought a house for $151,000, with a down payment of $30,000, which meant you took out a loan for $121,000.
1 answer
588 views
Five years ago, you bought a house for $151,000, with a down payment of $30,000, which meant you took out a loan for $121,000.
1 answer
865 views
Five years ago, you bought a house for $151,000, with a down payment of $30,000, which meant you took out a loan for $121,000.
1 answer
642 views
Answers (3)
Find the cost of a home in 20 years, assuming an annual inflation rate of 2%, if the present value of the house is $280,000. (Round your answer to the nearest cent.
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down. Assume that the monthly cost to finance $1,000 is $6.00. What is the total amount of interest paid on the 30 year loan?
Expected Value to assess the fairness of the risk. Provide one example to show how you can use the Expected Value computation to assess the fairness of a situation (probability experiment). Provide the detailed steps and calculations.
