Question #1 – Simple InterestJason needed to borrow $4,000 to pay for plane tickets to Europe. His bank offered him a simple interest loan with an 8% annual interest rate and a 24-month term. Jason does not want to pay any more interest than he must so he checked with his credit union and found they would offer him the same loan amount with 6% simple interest on a 3-year loan. Jason’s loan at both institutions was structured as an installment loan.Calculate the finance charge (interest), the total installment price, and the monthly payment for the bank loan.Calculate the finance charge (interest), the total installment price, and the monthly payment for the credit union loan.Which loan is going cost Jason more in terms of finance charge?Aside from the finance charge consideration, what other factors might influence Jason’s choice of loan?Question #2 – Effective Annual YeildA savings account has a nominal rate of 7%. The interest is compounded daily. Find the account’s effective yield assuming 360 days in a year.Question #3 – Annuity PaymentDavid is saving money to open a workout gym. He needs $10,000 in three years to purchase equipment and initiate a building lease. He’s investing his savings in an annuity yielding an annual interest rate of 6.5% compounded monthly. If the annuity requires that David make monthly investments, what annuity payment must Jeremy make to save $10,000?Requirements: Show all your work so that the instructor clearly sees how you solved the problem.Make sure your final answer is clear and visible.

Write the equation of a line in point-­slope form with a slope of containing the point (-3, 1)y + 1 = ()(x - 3)y - 1 = ()(x + 3)y + 3 = ()(x - 1)y - 3 = ()(x + 1)======================Write the equation of a line in slope-­intercept form with a slope of -2 containing the point (1, 3).y = -2x + 5y = -2x - 5y = -2x + 2y = -2x + 7========================================Write the equation of a line in slope-­intercept form that passes through the points (-2, 1) and (4, 4).y = 2x - 4y = ()x + 2y = 2x + 5y = ()x================================Write the equation of a line in standard form that passes through the points (8, 2) and (-2, -3). + y = -2-x + 2y = -4-2x + y = 1-2x + y = -14============================Write the equation of a line in slope-­intercept form containing the point (5, 1) that is perpendicular to the line -5x + 4y = -2.=======================================The annual average income y of an American man with an associate’s degree is given by the linear equation y = 1983x + 42,972, where x is the number of years after 1999. What does the slope of the equation represent? (Source: Based on data from U.S. Bureau of the Census, 1999­-2004). The average annual income of an American man with an associate’s degree in 1983.The number of years since 1999 that the average man with an associate’s degree had income.The increase in the average annual income of an American man with an associate’s degree each year.The average annual income of an American man with an associate’s degree in 1999.================================The annual average income y of an American man with an associate’s degree is given by the linear equation y = 1983x + 42,972, where x is the number of years after 1999. What does the y-intercept of the equation represent? (Source: Based on data from U.S. Bureau of the Census, 1999-2004).The average annual income of an American man with an associate’s degree in 1983.The number of years since 1999 that the average man with an associate’s degree had income.The increase in the average annual income of an American man with an associate’s degree each year.The average annual income of an American man with an associate’s degree in 1999.======================Write the equation of a line in slope intercept form containing the point (-1, 8) that is parallel to the line 3x + y = -4.y = 3x + 11y = -3x + 5y = -3x + 9y = 3x + 9==============================Write the equation of a vertical line containing the point (1, 8)x = 1x = 8y = 1y = 8=============================Write the equation of a horizontal line containing the point (5, -3).x = 5x = -3y = 5y = -3

I have 6 statistics questions to be answered by 11:59. It is a quick homework, I'd appreciate your help. Thank you.