Question: 1. 2. 3. (Nonannual compounding using a calculator) Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow $20,000 to
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(Nonannual compounding using a calculator) Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow $20,000 to pay for his new car. How large will Jesse's monthly car loan payment be if he can get a 5-year (60 equal monthly payments) car loan from the university's credit union at an APR of 6.9 percent compounded monthly? Jesse's monthly car loan payment will be $ . (Round to the nearest cent.) (Nonannual compounding using a calculator) Dennis Rodman has a $5,500 debt balance on his Visa card that charges an APR of 16.4 percent compounded monthly. Dennis's current minimum monthly payment is 4 percent of his debt balance, $220. How many months (round up) will it take Dennis to pay off his credit card if he pays the current miminum payment of $220 at the end of each month? How many months will it take Dennis to pay off his credit card? months (Round up to the nearest unit.) (Standard deviation) Given the probabilities and returns for Mik's Corporation in the popup window, find the standard deviation. 1 Mik's standard deviation is %. (Round to two decimal places) X Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) PROBABILITY 0.05 0.45 RETURNS 8% 4% 20% 13% 0.45 0.05 Print Done
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