Find the standardized test statistic t for a sample with n = 20, x = 5.6, s = 2.0, and a=0.05 if H1:
? <6. Round your answer to three decimal placesa)
-1.265b)
-0.894c)
-1.233d)
-0.872
Solution
t = (5.6-6) / (2/sqrt(20)) = -0.894.
Find the unpaid balance debt After 6 Years of monthly payments on .pdf
1. Find the unpaid balance debt
After 6 Years of monthly payments on 140,000 at 5% for 25 years. Completely stuck on this
problem please help
Solution
Unpaid debt is $ 120,012
[1-(1+r)-n ]/r
[1-(1+.0042)-300 ]/.0042Cumulative discount factor for 25 years=
[1-(1+r)-n ]/rr=05-Dec=
[1-(1+.0042)-300 ]/.0042=0.0042=170.38Periods=25*12=300