Answer:
Step-by-step explanation:
We would apply the simple interest formula which is expressed as
I = PRT/100
Where
P = principal or amount borrowed
T = time in years
R = interest rate on amount borrowed.
I = interest paid.
From the given information,
Principal = $3000
T = 3 months = 3/12 = 0.25 years
R = 6 1/2 % = 6.5%
Therefore,
a) the amount that the woman pay for the use of the money is I
I = (3000 × 6.5 × 0.25)/100 = 48.75
b) The amount she repaid to the bank on the due date of the note would be
Principal + interest
= 3000 + 48.75 = $3048.75
Answer:
0.8333 = 83.33% probability that the cycle time exceeds 50 minutes if it is known that the cycle time exceeds 45 minutes
Step-by-step explanation:
A distribution is called uniform if each outcome has the same probability of happening.
The uniform distributon has two bounds, a and b, and the probability of finding a value higher than x is given by:
Uniformly distributed over the interval 40 to 75 minutes.
This means that 
It is known that the cycle time exceeds 45 minutes
This means that we can use 
What is the probability that the cycle time exceeds 50 minutes?
0.8333 = 83.33% probability that the cycle time exceeds 50 minutes if it is known that the cycle time exceeds 45 minutes
Answer:
Manager will get $40
Step-by-step explanation:
2400*(1/12)=200, so Dylan made $200
200*(1/5)=40, so the manager made $40
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Answer:
x < 3
Step-by-step explanation:
Since 3x - 5 < 4 then we can transpose the inequality to make x the subject of the equation:
If 3x - 5 < 4
⇒ 3x < 4 + 5
⇒ x < 9 ÷ 3
⇒ x < 3
