Principal = $15000
Amount = $16099.44
Rat of interest = r
Time = 2 years
Then
A = P(1 + r)^t
16099.44 = 15000 (1 + r)^2
(1 + r)^2 = 1.073
(1 + r)^2 = (1.036)^2
Then
1 + r = 1.036
r = 1.036 - 1
= 0.036
= 0.036/100
= 3.6%
From the above deduction, it can be easily concluded that the correct option among all the options that are given in the question is the second option.
Answer:
K(3,1),And K(1,-5),j(0,2) t
Step-by-step explanation:
Answer:
0.150,0.595
Step-by-step explanation:
Given that at a self-service gas station, 40% of customers pump regular gas, 35% pump midgrade, and 25% pump premium gas. Of those who pump regular, 30% pay at least $30. Of those who pump midgrade, 50% pay at least $30. And of those who pump premium, 60% pay at least $30.
Regular gas Midgrade Premium gas Total
Percent 40 35 25 100
atleast 30 30% 50% 60%
a) The probability that the next customer pumps premium gas and pays at least $30
=
b) the probability that the next customer pays at least $30
= P(regular and pays atleast 30%)+P(premium and pays atleast 30%)+P(midgrade and pays atleast 30%)
=