Jill barkely obtained a 25-year, $460,000 mortgage loan from university savings and loan association with 6% interest. the monthly payment is $2,962.40. for the first payment, find the payment to principal to the nearest cent.

According to a study conducted in 2015, 18% of shoppers said that they prefer to buy generic instead of name-brand products. suppose that in a recent sample of 1500 shoppers, 315 stated that they prefer to buy generic instead of name-brand products. at a 5% significance level, can you conclude that the proportion of all shoppers who currently prefer to buy generic instead of name-brand products is higher than .18? use both the p-value and the critical-value approaches.