Answer:
Ok ill try to answer
Step-by-step explanation:
Answer:
x ≠ -4
Step-by-step explanation:
Division by zero is not defined, so x cannot = -4.
Answer:
$86.81
Step-by-step explanation:
Using the given formula, we want to compute A for ...
P = 4750
r = 0.2279
n = 365 . . . . . assuming "exact" interest
t = 1 or 30
For 1 day late:
A = 4750(1 +0.2279/365)^(365·(1/365)) = 4752.97
For 30 days late:
A = 4750(1 +0.2279/365)^(365·(30/365)) = 4839.78
The difference in these payment amounts is ...
$4839.78 -4752.97 = $86.81
You would save $86.81 in interest charges by paying only 1 day late.
_____
<em>Comment on the question</em>
It would be a poor choice of credit card to use one that compounds interest daily. Most do so on a monthly basis.
Answer:
0.18 ; 0.1875 ; No
Step-by-step explanation:
Let:
Person making the order = P
Other person = O
Gift wrapping = w
P(p) = 0.7 ; P(O) = 0.3 ; p(w|O) = 0.60 ; P(w|P) = 0.10
What is the probability that a randomly selected order will be a gift wrapped and sent to a person other than the person making the order?
Using the relation :
P(W|O) = P(WnO) / P(O)
P(WnO) = P(W|O) * P(O)
P(WnO) = 0.60 * 0.3 = 0.18
b. What is the probability that a randomly selected order will be gift wrapped?
P(W) = P(W|O) * P(O) + P(W|P) * P(P)
P(W) = (0.60 * 0.3) + (0.1 * 0.7)
P(W) = 0.18 + 0.07
P(W) = 0.1875
c. Is gift wrapping independent of the destination of the gifts? Justify your response statistically
No.
For independent events the occurrence of A does not impact the occurrence if the other.
