Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I am very stuck on these questions any help would be so helpful! '_ [010.76 Points] PREVIOUS ANSWERS SMITHNM1311.6.033. Find the monthly payment for the

I am very stuck on these questions any help would be so helpful!

image text in transcribedimage text in transcribedimage text in transcribed
'_ [010.76 Points] PREVIOUS ANSWERS SMITHNM1311.6.033. Find the monthly payment for the loan. (Round your answer to the nearest cent.) $800 loan for 12 months at 13% $ |:] X Need Help? The diameter of a pipe is normally distributed, with a mean of 0.9 inch and a variance of 0.0004. what is the probability that the diameter of a randomly selected pipe will exceed 0.914 inch? (You may need to use the standard normal distribution table. Round your answer to four decimal places.) Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $119,700 at 7.5% compounded continuously for 30 years $ x Need Help? [010.76 Points] PREVIOUS ANSWERS SMITHNM13 11.1.028. Find the present value, using the present value formula and a calculator. (Round your answer to the nearest cent.) Achieve $225,500 at 8.65% compounded continuously for 8 years, 135 days. $ 112611.48 x

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Beginning Algebra A Text/Workbook

Authors: Charles P McKeague

2nd Edition

1483271242, 9781483271248

More Books

Students also viewed these Mathematics questions