Answer:
(E) 0.83
Step-by-step explanation:
We will solve it using conditional probability.
Let A be the event that a TV show is successful.
P(A) = 0.5
A' be event that the show is unsuccessful
P(A') =0.5
Let B be the event that the response was favorable
P(B) = 0.6
Let B' be the event that the response was unfavorable/
P(B') = 0.4
P(A∩B) = 0.5 and P(A∩B') = 0.3
We need to find new show will be successful if it receives a favorable response.
P(A/B) = 
= 0.5/0.6
= 0.833
When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
Learn more about the loans here:
brainly.com/question/2405320
Step-by-step explanation:
look to the picture of my answer.
Answer:
0.35
Step-by-step explanation:
Divide 35 by 100 and you get 0.35
