A fair coin should land showing tails with a relative frequency of 50% in a long series of flips. Felicia read
that spinning-rather than flipping-a US penny on a flat surface is not fair, and that spinning a penny
makes it more likely to land showing tails. She spun her own penny 100 times to test this, and the penny
landed showing tails in 60% of the spins.
Let p represent the proportion of spins that this penny would land showing tails.

Fixed rate mortgage offer: purchase price: $170,000 down payment ($34k): 20% term: 30 years interest rate: 4.25% property tax (yearly): $1,500 homeowner’s insurance (yearly): $1,000 use this example from a fixed-rate mortgage calculator to you answer the questions. keep the page open after you complete this question. according to the calculator, the monthly payment demarco and tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.