C. 0.4 times 6 is 2.4. Hope that helps.
Answer:
Total = 14,000 * 1 + (.06 / 365) ^365*5
Total = 14,000 * 1.0.000164383561643836^1,825
Total = 14,000 * 1.3498255274
Total = 18,897.56
Step-by-step explanation:
Answer:
You have to use the formula for compound interest which is: A=P(1+r/n)^nt
The Givens info is:
A=?
P=1000
r= 6% = 0.06 (convert into decimal)
n=12(# of interest periods: since it is monthly n=12)
t=10
Now your formula should look like this:
A= 1000*(1+(0.06/12))^12*10
A=1000*(1.005)^120
A=1000*(1.819396734)
A=$1819.40
Step-by-step explanation:
Honestly? Just review your notes and try to work out the problems yourself before taking a look at the answer. You can also google specific topics that the test will cover and try the practice problems.
Answer:
0.03333
Step-by-step explanation:
Given that there are three machines. All of the machines can produce 1000 pins at a time.
Chance for any machine is thus equaly likely = 1/3
The rate of producing a faulty pin from Machine 1 be 10%, from Machine 2 be 20% andfrom Machine3 be 5%.
Machine I II III total
Faulty 0.10 0.20 0.05
Prob 0.3333 0.3333 0.3334 1
Faulty*prob 0.03333 0.06666 0.16665 0.26664
Thus probability that a produced pin will be faulty and it will be from the firstmachine
= 0.03333