Probability, Statistics & Finance

Problem: You buy a car with a down payment of $300 and payments of $200 per month for 3 years. If the interest rate is 12% compounded monthly what is the totla cost of the car? a. $5532.14 b. $6574.20 c. $6321.50 d. $8615.38 e. None of the above

Probability, Statistics & Finance

Problem: On Dec 31, a house is purchased with the buyer taking out a 30-year $90,000 mortgage at 9% interest compounded monthly. The mortgage payments are made at the end of each month. Calculate the amount of the monthly payment. a. $724.16 b. $1356.37 c. $1365.69 d. $1355.91 e. None of the above

Probability, Statistics & Finance

Problem: The APR for a 30 year, $250,000 mortgage at 6% interest compounded monthly and two discount points is: A. 6.25% b. 6.19% c. 6.12% d. 5.87% e. None of the above

Probability, Statistics

Problem: A five-number summary for a box plot includes which of the following? a. Q1, Q2, Q3, Q4, total b. Min, median, max, average, frequency total c. Q1, Q2, Q3, Q4, average d. min, Q1, Q2, Q3, max e. None of the above

Probability and Statistics

Question: Quartiles are measures used in constructing what? a. box plots b. historgrams c. frequency tables d. pie charts e. None of the above