Rounding in the calculation of monthly interest rates is discouraged. such rounding can lead to answers different from those presented here. for long-term loans, the differences may be pronounced. several years ago bill got a home mortgage of $125,000 with a term of 30 years at an apr of 9%. use the monthly payments for long-term loans rule of thumb to estimate his monthly payment. $ compare this estimate with what the monthly payment formula gives. (round your answer to the nearest integer.)

The krasnapolski is a top-of-the-line hotel in amsterdam, the netherlands. among their many services, they rent bicycles to guests. the bicycle checkout is open 24 hours per day 7 days per week and has 50 bicycles on hand. on average, 10 guests request a bicycle each day, arriving completely randomly at all times of the day during the spring and summer seasons. guests keep bicycles for four days on average, with a standard deviation of two days. how long does a guest on average have to wait for a bike? a. approximately 24 hours b. approximately 0.033 hours c. approximately 4 days d. approximately 47 minutes