Translation means you are shifting the line either up or down.
The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
The simulation of the medicine and the bowler hat are illustrations of probability
- The probability that the medicine is effective on at least two is 0.767
- The probability that the medicine is effective on none is 0
- The probability that the bowler hits a headpin 4 out of 5 times is 0.3281
<h3>The probability that the medicine is effective on at least two</h3>
From the question,
- Numbers 1 to 7 represents the medicine being effective
- 0, 8 and 9 represents the medicine not being effective
From the simulation, 23 of the 30 randomly generated numbers show that the medicine is effective on at least two
So, the probability is:
p = 23/30
p = 0.767
Hence, the probability that the medicine is effective on at least two is 0.767
<h3>The probability that the medicine is effective on none</h3>
From the simulation, 0 of the 30 randomly generated numbers show that the medicine is effective on none
So, the probability is:
p = 0/30
p = 0
Hence, the probability that the medicine is effective on none is 0
<h3>The probability a bowler hits a headpin</h3>
The probability of hitting a headpin is:
p = 90%
The probability a bowler hits a headpin 4 out of 5 times is:
P(x) = nCx * p^x * (1 - p)^(n - x)
So, we have:
P(4) = 5C4 * (90%)^4 * (1 - 90%)^1
P(4) = 0.3281
Hence, the probability that the bowler hits a headpin 4 out of 5 times is 0.3281
Read more about probabilities at:
brainly.com/question/25870256
Answer:
4800 dollars
Step-by-step explanation:
4000 multiply 0.2=800
4000+800=4800
