An investor obtains a balloon mortgage with the terms shown below.
Balloon Mortgage
$530,000
30/7 balloon
6.8% annual rate
What is the monthly payment on this mortgage?
a. 3,455.20 b. 3,678.58 c. 6,738.57 d. 7,947.40

Answers

Answer 1

9514 1404 393

Answer:

  a.  $3,455.20

Step-by-step explanation:

The monthly payment is given by the amortization formula:

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

for loan amount P at annual rate r for t years.

For this mortgage, we use P = $530,000, r = 0.068, t = 30.

  A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20

The monthly payment is $3,455.20.

_____

Additional comment

In 7 years, the balloon payment will be $481,559.91.


Related Questions

I’ll give BRAINLIEST if correct pls need ASAP

Part A: given the function
g(x) = |x+3| describe the graph of the function including the vertex domain and range

Part B: if the parent function
f(x) = |x| is transformed to
h(x) = |x| - 2 what Transformation occurs from
f(x) to h(x) how are the vertex and range of h(x) affected

Answers

Answer:

A)   The graph of function g(x) is V-shaped and has the following properties:

The vertex is (-3, 0)The axis of symmetry is x = -3The domain is the set of all real numbers: (-∞, ∞)The range is [0, ∞)

B)  Translation of 2 units down.

Therefore:

The vertex is (0, -2)The range is [-2, ∞)

Step-by-step explanation:

The absolute value parent function, f(x) = |x|, is defined as:

[tex]f(x)=\begin{cases}x \; &\text{if}\;x > 0\\0 \; &\text{if} \; x=0\\-x\; &\text{if}\;x < 0\end{cases}[/tex]

Therefore:

The slope of the line where x > 0 is positive.The slope of the line where x < 0 is negative.

Its graph is V-shaped and has the following properties:

The x-intercept and y-intercept are at the origin (0, 0).The vertex is at the origin (0, 0).The axis of symmetry is x = 0 (y-axis).The domain is the set of all real numbers: (-∞, ∞).The range is the set of all real numbers greater than or equal to 0:  [0, ∞).

Part A

Given absolute value function:

[tex]g(x)=|x+3|[/tex]

The graph of function g(x) is the parent function f(x) translated 3 units to the left.

As the graph has only been translated horizontally, the domain and range are the same as the parent function.

Therefore, the graph of function g(x) has:

Vertex = (-3, 0)Domain = (-∞, ∞)Range = [0, ∞)Part B

Given absolute value functions:

[tex]f(x)=|x|[/tex]

[tex]h(x)=|x|-2[/tex]

The graph of function h(x) is the parent function f(x) translated 2 units down.

As the graph has been translated vertically, the domain is the same as the parent function, but the vertex and range are different.

The y-value of the vertex of h(x) is 2 less than f(x).
Therefore, the vertex is (0, -2).The minimum value of range of h(x) is 2 less than f(x).
Therefore, the range is [-2, ∞).

Given m is parallel to n, find the value of x

Answers

Answer:

x = 44

Step-by-step explanation:

Given that line m is parallel to line n, the angles that we see are same-side exterior angles, meaning that these two angles add up to 180°.

Set up the equation: [tex]112 + (2x - 20) = 180[/tex] and solve for x.

. . . . . . . . . . . . 112 - 112 + 2x - 20 = 180 - 112

. . . . . . . . . . . . 2x - 20 + 20 = 68 +20

. . . . . . . . . . . . 2x /2 = 88 /2

. . . . . . . . . . . .  ∴ x = 44

Find the perimeter of the figure shown below

Answers

The perimeter of the figure with the varied side length is 52 cm

How to determine the perimeter of the figure

From the question, we have the following parameters that can be used in our computation:

Shape = composite figure

Smaller shapes = squares and rectangles

Side lengths = varied values

The perimeter of the figure is calculated as

Perimeter = Sum of the sides lengths of the shape

Substitute the known values in the above equation, so, we have the following representation

Perimeter  = 12 + 7 + 3 + 4 + 3 + 7 + 6 + 10

Evaluate the sum in the above equation

Perimeter  = 52 cm

Hence, the perimeter is 52 cm

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f(x) = 3x^2 + 5
g(x) = 4x - 2
h(x) = x^2 - 3x + 1
Find f(x) + g(x) - h(x).

Answers

The value of the expression f(x) + g(x) - h(x) will be 2x² + 7x + 2. Then the correct option is B.

What is a function?

A function is an assertion, concept, or principle that establishes an association between two variables. Functions may be found throughout mathematics and are essential for the development of significant links.

The functions are given below.

f(x) = 3x² + 5

g(x) = 4x - 2

h(x) = x² - 3x + 1

The expression is given as,

⇒ f(x) + g(x) - h(x)

⇒ (3x² + 5) + (4x - 2) - (x² - 3x + 1)

⇒ 3x² + 5 + 4x - 2 - x² + 3x - 1

⇒ 2x² + 7x + 2

The value of the expression f(x) + g(x) - h(x) will be 2x² + 7x + 2. Then the correct option is B.

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(Equivalent Algebraic Expressions MC)

Answers

25x¹⁰/y⁶ is equivalent to expression to (5x⁻⁵ y³)⁻².

Define expression.

Mathematical expressions consist of at least two numbers or variables, at least one arithmetic operation, and a statement. It's possible to multiply, divide, add, or subtract with this mathematical operation. An expression, often known as a mathematical expression, is a finite collection of symbols that are well-formed in accordance with context-dependent principles. Any mathematical statement that includes numbers, variables, and an arithmetic operation between them is known as an expression or algebraic expression. In the phrase 4m + 5, for instance, the terms 4m and 5 are separated from the variable m by the arithmetic sign +.

Given

Expression

(5x⁻⁵ y³)⁻²

25x¹⁰ y⁻⁶

25x¹⁰/y⁶

25x¹⁰/y⁶ is equivalent to expression to (5x⁻⁵ y³)⁻².

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Solve the following inequality.8x-5>13-x

Answers

Answer:

x > 2

Step-by-step explanation:

8x - 5 > 13 - x             Add x to both sides

8x + x - 5 > 13 - x + x

9x - 5 > 13                   Add 5 to both sides

9x - 5 + 5 > 13 + 5

9x > 18  Divide both sides by 9

[tex]\frac{9x}{9}[/tex] > [tex]\frac{18}{9}[/tex]

x > 2

Answer:

x>2

Step-by-step explanation:

Isolate the variable by dividing each side by factors that don't contain the variable.

Cai drove 189 miles in 7 hours. If he continued at the same rate, how far would he travel in 12 hours?

Answers

324 miles

189 divided by 7 = 27
27 multiple by 12 = 324

324 Miles

If you divide 189 by 7, you get 27. If you then multiply 27(miles per hour) by 12(hours) you get 324.

Shaina is 55 kg. What is Shaina's weight in grams

Answers

Answer: 55000 grams

Step-by-step explanation:

1 kg = 1000 grams
55 kg = x grams
Cross multiplying, we get:
(1)(x) = (1000)(55)
x = 55000 grams

A random sample of 55 standard hotel rooms in the Philadelphia area has a mean nightly cost of $154.17. From previous studies, it has been found that the standard deviation of the price of all hotel rooms in Philadelphia is $38.60. Construct a 99% confidence interval for the population mean cost . Round to the nearest penny. Show work below . (5 points )

Answers

The 99% confidence interval for the population mean cost is 38.37 to 269.97.

What is confidence interval?

In statistics, a confidence interval describes the likelihood that a population parameter would fall between a set of values for a given percentage of the time. Confidence ranges that include 95% or 99% of anticipated observations are frequently used by analysts.

Given that the standard hotel rooms in the Philadelphia area has a mean nightly cost of $154.17.

The standard deviation of the price of all hotel rooms in Philadelphia is $38.60.

According to the empirical rule,

P(μ - 3σ ≤ X ≤ μ - 3σ) = 99%.

Here μ = 154.17 and σ = 38.60.

Calculating the confidence interval:

154.17 -  (3 × 38.60) ≤ X ≤ 154.17 + (3 × 38.60)

38.37 ≤ X ≤ 269.97

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In Exercises 1-3, decide whether enough information is given to prove that the triangles are congruent using either the SSS Congruence Theorem (Theorem 5.8) or the HL Congruence Theorem (Theorem 5.9). Explain.

Answers

The congruency proofs that can be used for each of the triangles are;

1) SSS Congruency

2) None

3) HL Congruence

How to prove the triangle congruency postulate?

1) The SSS congruency postulate states that If three sides of one triangle are congruent to three sides of a second triangle, then the two triangles are congruent.

Now, we see that we are shown 2 corresponding sides that are congruent. However, the third side is automatically congruent using the reflexive property of congruence.

Thus, we conclude that the congruency can be proved using SSS Congruency postulate.

2) In this one, we are given 2 congruent sides and the included angle and so it is SAS Congruency and neither SSS nor HL congruency can be used.

3) The HL congruence Postulate states that if the hypotenuse and leg of one right triangle are congruent to the hypotenuse and leg of another right triangle, then the two triangles are congruent.

In this case, we see that the hypotenuse is congruent to itself by reflexive property of congruence while the one leg is also congruent and so we can use HL Congruence Theorem

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Answer and explain your answer.

Answers

With the help of Geometry We would make Australia 200 miles more wider.

What is geometry?

Geometry is a branch of mathematics that is concerned with the study of shapes, sizes, and relative positions of figures and the properties of space. It is one of the oldest branches of mathematics that has been around for centuries and is still relevant today. Geometry is used to explain many aspects of our lives, from the size of buildings and bridges to the path of a baseball in flight. It is a powerful tool for problem solving and understanding the world around us. Geometry is based on axioms, or accepted truths, that are used as the basis for forming logical proofs. These proofs are used to develop theorems and formulas which help us to understand and explain our world.

We would make Australia 200 miles more wider too or just give 200 miles long US to some other country to make their sizes equal.

Hence, we would make Australia 200 miles more wider

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Solve: 2x - 3= 2x - 5

A infinitely many solutions
B no solution
C 5/3
D 0
E -2

Answers

When solving you will get -3=-5

Therefore it’s false

Option B [no solution]

The function g is defined as follows for the domain given.
g(x)=2x-2, domain = {-3, -2, 1, 5)
Write the range of g using set notation. Then graph g.

Answers

Answer:

1. range = {-8,-6,0,8}

2. My graph is attached to this response as a photo.

Step-by-step explanation:

1. ⭐What is the "domain" of a function?

Domain is another word for the x-values

What is the "range" of a function?

Range is another word for the y-values

What is the "set notation"?

Set notation is a way you can list numbers, such as x-values and y-values. When writing in set notation, you must list the numbers from least to greatest.

Therefore, we have to find the corresponding y-values for the given x-values, and then write said y-values in set notation.

To find the corresponding y-values for the given x-values, substitute each given x-value into g(x) and solve for g(x).

When x = -3

[tex]g(x) = 2x-2[/tex]

[tex]g(-3) = 2(-3) -2[/tex]

[tex]g(-3) = -6 -2[/tex]

[tex]g(x) = -8[/tex]

✧ y = -8

________________________________________________________

When x = -2

[tex]g(-2) = 2(-2) -2[/tex]

[tex]g(-2) = -4-2[/tex]

[tex]g(-2) = -6[/tex]

✧ y = -6

________________________________________________________

When x = 1

[tex]g(1) = 2(1) -2[/tex]

[tex]g(1) = 2-2[/tex]

[tex]g(1) = 0[/tex]

✧ y = 0

________________________________________________________

When x = 5

[tex]g(5) = 2(5) -2[/tex]

[tex]g(5) = 10 -2[/tex]

[tex]g(5) = 8[/tex]

✧ y = 8

________________________________________________________

Next, we have to write the y-values in set notation. Make sure to write it from least to greatest.

range = {-8, -6, 0, 8}

Differentiate with respect to x
a) 2 + sin x​

Answers

Answer:

cos x

Step-by-step explanation:

d( 2 + sin x )/DX

= d( 2 )/dx + d( sin x )/dx

= 0 + cos x

= cos x

Note : -

Differentiation of any number with respect to any variable ( here x ) is 0.Differentiation of sin x is cos x.d/dx is the notation to denote Differentiate with respect to x.

Write the equation of the line that is perpendicular to the x-axis and passes through the point (6,-2).

Answers

The slope of a line that is perpendicular to the x-axis is undefined, so we cannot use the standard form of the equation of a line, y = mx + b, where m is the slope of the line. Instead, we can use the point-slope form of the equation of a line, which is given by y - y1 = m(x - x1). In this case, m is undefined, so we can simplify the equation to y = x1 - y1, where x1 and y1 are the coordinates of the point that the line passes through. In our case, this gives us the following equation:

y = 6 - (-2)

 = 8

Therefore, the equation of the line that is perpendicular to the x-axis and passes through the point (6,-2) is y = 8.

4. The wholesale price of a commodity for seven consecutive days in month is as follows: Days: 2 3 4 5 6 7 1 260 270 245 255 286 264 Commodity Price: 240 Calculate variance and standard deviation. 5. Calculate the standard deviation and variance from the following frequency distribution X: 10 12 14 16 18 20 22 F: 3 5 9 16 8 7 2 6. 6.Calculate Standard Deviation from the following Distribution C.I.: 10-20 20-30 30-40 40-50 50-60 60-70 70-80 8 Freq: 4 8 16 12 6 4

Answers

The variance is 206 and standard deviation is 14.353.

In the given question, we have to find the standard deviation and variance from the following frequency distribution X.

Days:                          1         2         3         4         5         6         7

Commodity Price:    240    260    270    245     255     286    264

x                                (x-X)                             (x-X)^2

240                    (240-260) = -20                   400

260                    (260-260) = 0                        0

270                    (270-260) = 10                      100

245                    (245-260) = -15                     225

255                    (255-260) = -5                      25

286                    (286-260) = 26                     676

264                    (264-260) = 4                        16

Total = 1820                                                    Σ(x-X)^2 = 1442

X = Total of x/total number

X = 1820/7

X = 260

Variance = Σ(x-X)^2/n

Variance = 1442/7

Variance = 206

Standard Deviation = √(Variance)

Standard Deviation = √206

Standard Deviation = 14.353

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Assume that the distribution
A statistics instructor randomly selected four bags of oranges, each bag labeled 10 pounds, and
weighed the bags. They weighed 10.8, 10.7, 10.2, and 10.8 pounds.
of weights is Normal. Find a 95% confidence interval for the mean weight of all bags of oranges. Use
technology for your calculations. Answer parts a and b below.
a. Choose the correct interpretation of the confidence interval below and, if necessary, fill in the
answer boxes to complete your choice.
and. A.There is a 95% chance that all intervals will be between
B. We are 95% confident the population mean is between
C. We are 95% confident that the sample mean is between
D. The requirements for constructing a confidence interval are not satisfied.
(Type integers or decimals rounded to the nearest thousandth as needed. Use ascending order.)

Answers

95% confident the population mean is between (9.1,9.9).

We are given the following data set:

9.3, 9.7, 9.2, 9.7

What is Standard Deviation?

Standard Deviation [tex]$=\sqrt{\frac{\sum\left(x_i-\bar{x}\right)^2}{n-1}}$[/tex]

where[tex]$x_i$[/tex] are data points, [tex]$\bar{x}$[/tex]is the mean and [tex]$\mathrm{n}$[/tex] is the number of observations.

Mean [tex]$=\frac{\text { Sum of all observations }}{\text { Total number of observation }}$[/tex]

Mean [tex]$=\frac{37.9}{4}=9.475$[/tex]

Sum of squares of differences [tex]$=0.2075$[/tex]

S.D[tex]$=\sqrt{\frac{0.2075}{3}}=0.262$[/tex]

[tex]$95 \%$[/tex] Confidence interval:

[tex]$\bar{x} \pm t_{\text {critical }} \frac{s}{\sqrt{n}}$[/tex]

Putting the values, we get,

[tex]$t_{\text {critical }}$[/tex] at degree of freedom 3 and[tex]$\alpha_{0.05}=\pm 3.182$[/tex]

[tex]$9.475 \pm 3.182\left(\frac{0.262}{\sqrt{4}}\right)=9.475 \pm 0.416842=(9.058158,9.891842) \approx(9.1,9.9)$[/tex]

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I rent a gym for $150 for 30 students. Another time I rent the gym for $350 for 70 students. What is my rate per student?

Answers

Answer:

The rate is 5 dollars per student.

Step-by-step explanation:

The rate per student can be found with [tex]\frac{dollars}{student}[/tex]:

[tex]\frac{150dollars}{30student}=5\frac{dollars}{student}\\\\\frac{350dollars}{70student}=5\frac{dollars}{student}[/tex]

The rate is 5 dollars per student.

can someone help? i don't understand cos at all

Answers

Cos W as a fraction in the simplest terms is 2/3  

Trigonometric ratios in a Right angled triangle:

Triangle side length ratios are known as trigonometric ratios. In trigonometry, these ratios show how the ratio of a right triangle's sides to each angle.

From a Right-angled triangle with an angle θ

sin θ = Opposite side/Hypotenuse

cos θ = Adjacent side/Hypotenuse

tan θ = Opposite side /Adjacent side

Here we have

A triangle UVW

where VW = 10 units

And WU = 15 units

As we know

cos θ = Adjacent side / Hypotenuse  

cos W = VW/WU = 10/15

cos W = 2/3    [ divided by 5 ]  

Therefore,

Cos W as a fraction in the simplest terms is 2/3  

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Write x² + 10x + 29 in the form (x + c)² + d, where c
and d are numbers.
What are the values of c and d?

Answers

Answer:Write x² + 10x + 29 in the form (x + c)² + d, where c

Step-by-step explanation:

Answer:

(x+5)² + 4, so c is 5 and d is 4

Step-by-step explanation:

x² + 10x + 29 is a quadratic equation which can be witten as x² + bx + c, where b is 10 and c is 29.

We need to complete the square to get it in the form

(x + c)² + d

Completing the square uses the form:

[tex](x + \frac{b}{2} ) {}^{2} - ( \frac{b}{2} ) {}^{2} + c[/tex]

substitute b = 10 and c = 29 in this form:

[tex](x + \frac{10}{2}) {}^{2} - ( \frac{10}{2} ) {}^{2} + 29[/tex]

Simplify further:

[tex](x + 5) {}^{2} - 25 + 29[/tex]

[tex](x + 5) {}^{2} + 4[/tex]

c = 5, d = 4

Rewrite 9x + 81 using a common factor.
9x(x + 81)
9x(x + 9)
9(x + 81)
9(x + 9)

Answers

Answer:

9 ( x + 9 )

Step-by-step explanation:

81 = 9 × 9

9x = 9 × x

9x + 81 = 9 ( x + 9 )

URGENT!! ILL GIVE BRAINLIEST!!!! AND 100 POINTS!!!

Answers

The length of diameter of the base of the cone will be 112 cm.

What is meant by an equation?

A mathematical expression with an equals sign is referred to as an equation. Algebra is widely used in equations. When performing calculations but unsure of the precise amount, algebra is used.

A formula that expresses the connection between two expressions on each side of a sign. Typically, it has a single variable and an equal sign.

Equations are mathematical expressions with two algebras flanking the equal (=) sign on either side. This relationship is illustrated by the left and right expressions being equal to one another. Left-hand side equals right-hand side is a basic, straightforward equation.

By using Pythagoras's theorem,

106² = 90² + r²

simplifying the above equation, we get

r² = 106² - 90²

r = √3136

radius = 56 cm.

Then, the diameter will be,

Diameter = 2 × radius

substitute the values in the above equation,

D = 2(56)

D = 112 cm.

Therefore, the correct answer is option b. 112 cm.

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Given the function g(x) = |x-3|, desvribe the graph of function

Answers

Answer:

The graph will be a V shape

Step-by-step explanation:

The graph will be a V shape because of the absolute value

Please show me how to solve this problem?

Answers

Answer:

I think you forgot to show us the problem

about 4% of the population has a particular genetic mutation. 100 people are randomly selected. round your answer to three decimal places. (a) Find the mean for the number of people with the genetic mutation in such groups of 600. (b) Find the standard deviation for the number of people with the genetic mutation in such groups of 600.

Answers

We got the mean value 4.167 and standard deviation 19.56.

What is mean value and standard deviation in statistics?

In statistics, a mean value is the average value of all the available data. And it can be determined by adding all the data by dividing the amount of data.

A standard deviation is an estimation that implies how far each available data apart from the mean value.

How do we calculate the mean value and standard deviation?

we are given, 4% of the population has a genetic mutation

Total people in the group =600

Now, total number of people who have genetic mutation = (4/100) ×600

                                                                                              = 24

the number of randomly selected people =100= X

Mean = Number of selected people/ people who have mutation

  Mean = X/n = 100/24 = 4.167

the standard deviation = √∑(X-mean) ²/n

                                       = √∑(selected people - mean) ²/ mutation number

                                    =√(100-4.167) ²/24

            standard deviation = 19.56

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at a cafeteria the price of a salad depend on it weight in ounces. the graph shows the relationship what is the slope of the line

Answers

Answer:

slope = 1/4

Step-by-step explanation:

at a cafeteria the price of a salad depend on it weight in ounces. the graph shows the relationship what is the slope of the line

Find two places where the line neatly intersects the graph. For example, we will use the points: (0 , 0) and (4 , 1)

slope = change in y / change in x

[tex]slope = \frac{(y_{1} -y_{2} )}{(x_{1} -x_{2} )}[/tex]

slope = (0 - 1) / (0 - 4)

slope = -1 / -4

slope = 1/4

Answer: 1/4

Step-by-step explanation:

I just did it

NO LINKS!! Please help me with these questions. Part 3cc

3. Loretta is a single mom with two kids. On 2009, her gross income was $61,840. She filed her taxes as Head of Household and claimed herself and her 2 children. Using the tables above, find Loretta's taxable income.

4. Mike and Lisa are a married couple with 2 kids. On 2009, they made $79,480. They filed jointly. Find Mike and Lisa's taxable income. ​

Answers

Answer:

3.  $42,540

4.  $53,480

Step-by-step explanation:

Question 3

Income

Gross income = $61,840

Allowances

Head of household (2009) = $8,350

Single with 2 dependents = $3,650 + $3,650 · (2) = $10,950

Total allowances = $8,350 + $10,950 = $19,300

Taxable Income

Gross income - total allowances = $61,840 - $19,300 = $42,540

Question 4

Income

Gross income = $79,480

Allowances

Married filing jointly (2009) = $11,400

Married with 2 dependents = $7,300 + $3,650 · (2) = $14,600

Total allowances = $11,400+ $14,600 = $26,000

Taxable Income

Gross income - total allowances = $79,480 - $26,000 = $53,480

a map has a scale of 1cm to 12km

on a map ,the distance between cardiff and london is 20cm

what is the real distance,in km, between cardiff and london

Answers

By using the given scale, we will see that the real distance is 240km

What is the real distance between Cardiff and London?

We know that the scale of the map is 1 cm to 12km, so we just need to take the distance in centimeters on the map, and multiply that number by 12 km.

We know that on the map, the distance between Cardiff and London is 20cm, then the real distance is 12km times that, so we will get:

real distance = 20*12km = 240km

The real distance between Cardiff and London is  240 kilometers.

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Which statement is missing in the proof?

Answers

The correct answer is m√5 + m√2 = 180°.

What are parallel lines?

Parallel lines are those in a plane that are regularly spaced apart from one another. There is no crossing of parallel lines.

Given, k and p are parallel lines.

In an expression or equation, one value can be substituted for another and the result will still be the same. This is known as the substitution property of equality. If the values of x and y are the same, then x and y can be substituted for one another.

And we have,

m√1 + m√2 = 180°

And  m√5 =  m√1

So,  m√5 + m√2 = 180°

Therefore, in the proof, the missing term is  m√5 + m√2 = 180°.

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A dog allergy test for people has a 98% accuracy rate. Only one percent of the population has an allergy to dogs actually it is much smaller than that. Use a group of 100,000 people who have taken the test and the information provided to complete the table and answer the following question if you tested positive what is the probability you have a dog allergy

Answers

The probability that one has a dog allergy when tested positive will be 0.3311.

What do you mean by probability?

Mathematical explanations of the likelihood that an event will occur or that a statement is true are referred to as probabilities. A number between 0 and 1 represents the likelihood of an event, with 0 generally denoting impossibility and 1 denoting certainty.

According to the given question,

We have the given information:

1% of the population has an allergy to dogs.

This will be:

= 1% × 100000

= 1000

So, 1000 people have an allergy to dogs.

The number of people who doesn't have allergy to dogs will be:

= 100000 - 1000

= 99000

Those that have allergies = 2% × 1000 = 20

So, the probability that one has dog allergy will be:

= P(has allergy and test positive)

= (0.01 × 0.98) + (0.098 + 0.0198)

= 0.0098/0.0296

= 0.3311

Therefore, the probability is 0.3311.

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