Answer:
C) 
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The probability that Mae will roll an odd number
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Step-by-step explanation:
<u><em>Step(i):-</em></u>
<em>Given that Mae has a number cube with 6 sides that are numbered 1 through 6.</em>
<em>n(S) = { 1,2,3,4,5,6,} = 6</em>
<em>Let 'E ' be the event of odd numbers</em>
<em>Mae will roll an odd number</em>
<em>n(E) = {1, 3, 5} = 3</em>
<u>Step(ii):-</u>
<u>The probability that Mae will roll an odd number</u>
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Step-by-step explanation:
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Answer:
17%
Step-by-step explanation:
Divide $21.25 by $125
Alright, so you have the basic formula- good.
You have the A value (400), the interest rate r (7.5% -> .075 in decimal), and the final P value (8500). So, we only need to solve for t.
8500 = (400)(1+.075)^t
/400 /400
21.25 = 1.075^t
logarithms are the inverse of exponents, basically, if you have an example like
y = b^x, then a logarithm inverts it, logy(baseb)=x
Makes sense if you consider a power of ten.
1000 = 10^3
if you put logbase10(1000), you'll get 3.
Anyways, though, to solve the problem make a log with a base of 1.075 in your calculator
log21.25(base 1.075) = t
also, because of rules of change of base (might want to look this up to clarify), you can write this as log(21.25)/log(1.075) = t
Thus, t is 42.26118551.
Rounded to hundredths, t=42.26
First find the amount at the end of the deferment period using the formula of the future value of a compound interest
A=8,960×(1+0.2735÷12)^(6)
A=10,257.25
Use the amount we found as the present value to find the monthly payment by using the formula of the present value of an annuity ordinary to get
PMT=10,257.25÷((1−(1+0.2735
÷12)^(−12×6))÷(0.2735÷12))
=291.27 ....Answer
