1. rhonda wants to take out a 30-year loan for $225,000 with a 4.6%
apr to purchase a house. she is considering purchasing 3 points
which will decrease her apr by 0.125% per point. each point will
cost 1% of her loan.
option 1:
$225,000
option 2:
$225,000
cost of house
points purchased:
o points
3 points
cost of points:
$0.00
a. 6,750
4.6%
apr offered by bank
4.6%
apr reduction from points 0%
final apr after points 4.6%
monthly payment
a. i point : 10% of mortage amount ; (1,000 for every 109000)
4.86
c. 0.375
d. 86250

amount of oatypop that contains the prize = 40%

amount   of oatypop which doesn't contain the prize = (100-40)=60%

probability that hannah will win a prize

    = s +f s +f f s+ff   f s+ff f f s+ infinity.where f= failure,s= success

=   or 60%

probability that hannah only has to buy 3 or less boxes before getting a prize= (s) and ( f s) and (ff s) and (f f f s)

        = = 87.04 %  

step-by-step explanation:

she will travel a distance in the range of 3 - 11 miles

5/20 so 25%

step-by-step explanation:

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