Mathematics, 25.01.2020 11:31, kenziepickup
Dahlia is trying to decide which bank she should use for a loan she wants to take out. in either case, the principal of the loan will be $19,450, and dahlia will make monthly payments. bank p offers a nine-year loan with an interest rate of 5.8%, compounded monthly, and assesses a service charge of $925.00. bank q offers a ten-year loan with an interest rate of 5.5%, compounded monthly, and assesses a service charge of $690.85. which loan will have the greater total finance charge, and how much greater will it be? round all dollar values to the nearest cent.
a.
loan q’s finance charge will be $83.73 greater than loan p’s.
b.
loan q’s finance charge will be $317.88 greater than loan p’s.
c.
loan p’s finance charge will be $20.51 greater than loan q’s.
d.
loan p’s finance charge will be $234.15 greater than loan q’s.
Answers: 1
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Determine if the following statement is true or false. the normal curve is symmetric about its​ mean, mu. choose the best answer below. a. the statement is false. the normal curve is not symmetric about its​ mean, because the mean is the balancing point of the graph of the distribution. the median is the point where​ 50% of the area under the distribution is to the left and​ 50% to the right.​ therefore, the normal curve could only be symmetric about its​ median, not about its mean. b. the statement is true. the normal curve is a symmetric distribution with one​ peak, which means the​ mean, median, and mode are all equal.​ therefore, the normal curve is symmetric about the​ mean, mu. c. the statement is false. the mean is the balancing point for the graph of a​ distribution, and​ therefore, it is impossible for any distribution to be symmetric about the mean. d. the statement is true. the mean is the balancing point for the graph of a​ distribution, and​ therefore, all distributions are symmetric about the mean.
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