There are 4 possible outcomes based on 2 types of wash (deluxe wash & other wash) and 2 vacuum uses (with vacuum and no vacuum). Since customers are equally likely to choose between these, we can run a uniform distribution from 1-4, where each represents one outcome. For example, 1 = deluxe+vacuum, 2=deluxe+no vacuum, 3=other wash+vacuum, 4=other wash+no vacuum. Then after running a large number of simulations (ex. 1000), count the number of the desired result (which is the number 2), and divide by the total number. This will give the probability.
Answer:
P = $2,000
Step-by-step explanation:
Interest = Principal x Rate x Time
500 = P(.05)(5)
500 = .25P
P = 500/.25
P = 2000
Answer:
Step-by-step explanation:
$16,250 is the down payment amount
