Answer:
$4.72 per month
Step-by-step explanation:
The true interest rate is how much more he has to give with interest.
Let's find the interest on $48 first.
Let's convert 18% to decimal, that is:
18/100 = 0.18
Now, to find 18% of $48, we multiply, so,
Interest = $48 * 0.18 = $8.64
In total, he has to pay:
48 + 8.64 = $56.64
This is spread over 12 months (since he has to pay in 1 year), so each month payment would be:
56.64/12 = $4.72 per month
Answer:
For 7a its C i think And for 7b is 3:2
Step-by-step explanation:
hope this helps
Answer:
P [ K > 3.95] = 0.5633
Step-by-step explanation:
The interpretation of the given question goes thus;
Suppose that K is a random variable
P[-3.95 ≤ K ≤ 3.95] = 0.725
where; P [ + 3.95 < K ] = P [K < - 3.95]
P[K< 3.95] - P [K > - 3.95] =0.725
P [K < 3.95] - [ 1- P[K < 3.95]] = 0.725
P[k < 3.95] - 1 + P [ K < 3.95] = 0.725
3.95 P [ K < 3.95] -1 = 0.725
3.95 P [ K < 3.95] = 1.725
P [ K < 3.95] = 1.725/3.95
P [ K < 3.95] = 0.4367
P [ K > 3.95] = 1 - P[K< 3.95]
P [ K > 3.95] = 1 - 0.4367
P [ K > 3.95] = 0.5633
Answer:
w=p/2-t
Step-by-step explanation:
