Find the mean, median, and mode of the set of values. Age (years) 11 12 13 14
Frequency 4 11 14 13
15
16
17
5
8
4
Find the mean. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
The mean is approximately years. (Round to two decimal places as needed.)
Find the median. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
The median is years.
Find the mode. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
O A. The mode is
years. (Use a comma to separate answers as needed.)
B. There is no mode.

Loan B will have the lowest total payback because the interest is less than the interest for loan A

Step-by-step explanation:

We have given that :

For loan A                                                 For loan B

Principal(PV) =$4500                                Principal(PV)=$4300

Interest rate(r)= 5%                                    Interest rate(r) =6%

Time(n)= 3 years                                        Time(n)= 3 years

Formula used = loan payment =  

when we put values we get,

loan payment of A= $1652.44  and  B=$1608.67

As we see Loan B will have the lowest total payback because the interest is less than A due to which loan payment of B is lowest.