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3i14i'23. 10:01 AM Module I\" - Finite Mathematics MAT-14l-OL01 Module 8 9 General Live Chat 1 Module 7 5 print Probability is the likelihood of an event occurring. 15.38 % 2 of 13 topics complete UE Assignment I Assignment life Details $90 000 joint annual salary with no kids and $50 000 In savings $80 000 joint annual salary with two kids and $100 000m savings $120 000 joint annual salary with three kids and $75 000' In savings $60 000 joint annual salary with no kids and $90 000 In savings $100 000 joint annual salary with four kids and $60 000 In savings $160,000 joint annual salary with two kids and $80,000 In savings Use the life details above that are appropriate for your last name starting initial to answer the following questions. 3. (Q5 2) Estimate your expected weekly budget that you would need for food and entertainment for your details above. You can use the Marginal Tax Rate Calculator {opens in new window) to estimate your annual income taxes. b. (Q5 1) Calculate your monthly payments for a $200,000 dollar house after you put up a 10% Down Payment if you were to choose a 15 year mortgage at a 4.5% annual interest rate or a 30 year mortgage at a 5.25% annual interest rate. c. (Q5 1} Calculate your monthly payments for a $500,000 dollar house after you put up a 10% Down Payment if you were to choose a 15 year mortgage at a 4.5% annual interest rate or a 30 year mortgage at a 5.25% annual interest rate. httpssaintleohrlghtspaca.comidzliiefcontanm45166I'Home 2'5 3i14i23. 1.0m AM Module 7 - Finite Mathematics MAT-iai-otoi d. (Q5 1) For each of the four options in the previous two questions. determine the total amount of interest you would end up paying over the course of the mortgage. e. (Q5 3) Based on your personal budget and financial expectations. choose. the best option for you from the four options outlined above. Defend why this choice would make the best sense for you in this situation using any of the previous information and your lifestyle/level of risk. Submit your UE Assignment no later than Sunday 11:59 PM EST/EDT. Welcome to Module 7: Counting Methods and Probability Theory Link Please review before beginning the activities in this module. [Fl Note: If there are any concepts that you are still unsure about or would like to review different concepts. feel free to refer to MyLab Math Multimedia Library. which is located in the Start Here Module. Readings 7 F] Link ' Review your reading assignmentls) for this module. Counting Principles Concepts r] Linl-r ' Learn more about the PCP (Fundamental Counting Principle). Counting Principles; Permutations [ ] Link What's the difference between the FCP and Permutations? Counting Principles: Combinations lJ Link- Discover why the order doesn't matter when it comes to combinations. Probability Fundamentals li Link it is essential to obtain the fundamentals concerning probability. This activity will help you do just that. Probability Poker: Beginning I ] Link httpswsaintleobrlghtspaca.comldzlllelcontentn45166lHome 3l5