Answer:
No
Step-by-step explanation:
Answer:
The probability is 0.25
Step-by-step explanation:
Here is a probability question.
We want to know the probability of picking a card which is in the spades suit.
Now, what we know is that there are a total of 52 cards and we have 4 suites.
Each suite have equal number of cards. So definitely the number of cards in the spades suit will be 52/4 = 13 cards
Thus, the probability of picking any card in the spades suit = number of cards in the spades suit/ Total number of cards in the deck
Mathematically that would be 13/52 = 1/4 = 0.25
1.30(2) + X = 6.10
This would be one of a few equations to do. 1.30(2) represents the cartons of eggs which are each 1.30. the X will represent the price of pancake mix and the total is 6.10.
<span>B(n) = A(1 + i)^n - (P/i)[(1 + i)^n - 1]
where B is the balance after n payments are made, i is the monthly interest rate, P is the monthly payment and A is the initial amount of loan.
We require B(n) = 0...i.e. balance of 0 after n months.
so, 0 = A(1 + i)^n - (P/i)[(1 + i)^n - 1]
Then, with some algebraic juggling we get:
n = -[log(1 - (Ai/P)]/log(1 + i)
Now, payment is at the beginning of the month, so A = $754.43 - $150 => $604.43
Also, i = (13.6/100)/12 => 0.136/12 per month
i.e. n = -[log(1 - (604.43)(0.136/12)/150)]/log(1 + 0.136/12)
so, n = 4.15 months...i.e. 4 payments + remainder
b) Now we have A = $754.43 - $300 = $454.43 so,
n = -[log(1 - (454.43)(0.136/12)/300)]/log(1 + 0.136/12)
so, n = 1.54 months...i.e. 1 payment + remainder
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