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Dean is planning to purchase a new Nissan Altima which costs $26,865. He has saved up $3,200 to put toward it. He is thinking about getting a loan for it from his credit union, but he could also keep driving his beat-up old car for a while longer and save up cash for the new one.
Possibility One: A Loan
Dean qualifies for a 5-year loan from his credit union with a 6.4% APR. If he uses the $3,200 as a down payment, he will be making an 11.91% down payment and his car loan will be for the remaining $23,665. Using the PMT formula we find that his monthly payment will be $461.93. Considering all the monthly payments and the down payment, what will be the total amount that he pays for the car if he gets the loan?
twelve different video games showing substance use were observed and the duration times of game play in seconds are
Use the attached data set for the following questions (laborEcon.dta) . Feel free to resample the data set if you think it is appropriate. Consider the earning function in the form of a linear regression equation we discussed before:
1. if an accumulator using a dead weight ballast against an initial gas volume of 1500 in3 is heated from 80degf to
According to the Centers for Disease Control, the risk of dying by suicide in the year 2000 was 1 in 12,091
Pedestrian Walk Buttons New York City has 750 pedestrian walk buttons that work, and another 2500 that do not work (based on data from "For Exercise in New York Futility, Push Button
Create a 95% confidence interval for the difference in rate of return for the 3- and 5-year periods covered by these data. Clearly explain what your interval means.
What would happen if the forest service agent took another sample of 31 trees? Would the slope change? Would the intercept change? What about a third sample of 31 trees?
When a motor drives a flexible structure, the structure's natural frequencies, as compared to the bandwidth of the servo drive, determine the contribution of the structural flexibility to the errors of the resulting motion.
Faced with rising fax costs, a firm issued a guideline that transmissions of ten pages or more should be sent by two-day mail instead. Exceptions are allowed, but they want the average to be ten or below. Use Excel to find the right-tail p value
In a random sample of 200 baby snakes 92 were found to be male. What is the probability that for the whole population of snakes more than 50% are male?
In a survey of 2592?adults, 1492 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion.
a. Which survey apparently allowed for overlapping categories: the one from 1999 or the one from 2004, or both, or neither?
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