You need to take out a loan of $1500 to pay to get your hot water heater fixed. Your bank will let you borrow$1500 at 6% APR for 24 moths What would be your monthly payment including the amount financed and the finance charge?

A=$66.48
B=$88.64
C=$62.50.

(b) suppose that consolidated power decides to use a level of significance of α = .05, and suppose a random sample of 100 temperature readings is obtained. if the sample mean of the 100 temperature readings is x⎯⎯ = 60.990, test h0 versus ha and determine whether the power plant should be shut down and the cooling system repaired. perform the hypothesis test by using a critical value and a p-value. assume σ = 5. (round your z to 2 decimal places and p-value to 4 decimal places.)