An engineering professor acquires a new computer once every 2 years. The professor can choose from three models: M1, M1, and M3. If the present model is M1, the next model can be M2 with probability 0.2, or M3 with probability 0.15. If the present model is M2, the probabilities of switching to M1 and M3 are 0.6 and 0.25, respectively. And, if the present model is M3, then the probabilities of purchasing M1 and M2 are 0.5 and 0.1, respectively. Represent the situation as a Markov chain.

$655.61 which is option c

step-by-step explanation:

price of house =   $146,000

initial rate = 3.5%

mortgaged paid in this = 3.5 % of $146,000

                                        =

                                        =$5110

the total years would be = 7

total mortgaged paid = 7 * $5110

                                      =$35770

remaining money = $146000-35770

                                =$110230

new mortgaged payment = 5 % of 110230

                                            =  

                                            =$655.61

i need a diagram

step-by-step explanation:

no