Answer:
- the total installment is $936
- the carrying charges are $186
- the monthly rate to buy the items are 19.23 or 20 months
Step-by-step explanation:
$39 for 24 months comes to ...
$39 × 24 = $936
The "carrying charges" are the difference between the cash price and the installment price:
$936 -750 = $186
Saving at the rate of $39 per month, it would take ...
$750/$39 = 19.23 months
about 20 months to save up the cash price.
Often, such savings would come from a once-a-month paycheck, so it would take more than 19 such paychecks to save the required amount.
hope it will help :)
Answer:
(b)0.56
(c)0.38
Step-by-step explanation:
(a)
P(Ben Pass) =0.8
Therefore: P(Ben fails)=1-0.8 =0.2
P(Tom Pass) =0.7
Therefore: P(Tom fails)=1-0.7 =0.3
See attached for the completed tree diagram
(b)Probability that both will pass
P(both will pass)=P(Ben pass and Tom pass)
=P(Ben pass) X P(Tom pass)
=0.8 X 0.7
=0.56
(c)The probability that only one of them will pass
Since either Tom or Ben can pass, we have:
P(only one of them will pass)
=P(Ben pass and Tom fails OR Ben Fails and Tom Pass)
=P(Ben pass and Tom fails)+P(Ben Fails and Tom Pass)
=(0.8 X 0.3) + (0.2 X 0.7)
=0.24 + 0.14
=0.38
If the price went down $5 per day for four days straight, then it would have went down $20 total after the four days.
Answer:
1/3
Step-by-step explanation:
1/2 * 2/3 = 2/6 = 1/3