What happened between 5;2;-1;-4

You owe $1,000 on a credit card that has an interest rate of 27.99% and make only the minimum payment of $20 each month. Which a

mel-nik [20]

Answer: The credit card will paid off within 10 years, therefore the correct option is D.

Explanation:

Let the number of years in which the credit card will aid of be x.

It is given that amount owed on credit card is $1000 with interest rate 27.99%.

So the amount of interest is calculated as,

$1000\times \frac{27.99}{100} =\$27.9$

The total amount have to pay is,

$\$1000+\$279.9=\$1279.9$

The minimum payment is $20 each month.

$x=\frac{1279.9}{20}$

$x=63.995$

So, the credit card will paid of in 63.995 months. We know that 1 year =12 months.

$\frac{63.995}{12} =5.33$

Therefore, the will paid of in 5.33 years, s we can say that the credit card will paid off within 10 years, therefore the correct option is D.

7 0

3 years ago

Read 2 more answers

Suppose that 40 percent of the drivers stopped at State Police checkpoints in Storrs on Spring Weekend show evidence of driving

lesantik [10]

Answer:

a) 0.778

b) 0.9222

c) 0.6826

d) 0.3174

e) 2 drivers

Step-by-step explanation:

Given:

Sample size, n = 5

P = 40% = 0.4

a) Probability that none of the drivers shows evidence of intoxication.

$P(x=0) = ^nC_x P^x (1-P)^n^-^x$

$P(x=0) = ^5C_0 (0.4)^0 (1-0.4)^5^-^0$

$P(x=0) = ^5C_0 (0.4)^0 (0.60)^5$

$P(x=0) = 0.778$

b) Probability that at least one of the drivers shows evidence of intoxication would be:

P(X ≥ 1) = 1 - P(X < 1)

$= 1 - P(X = 0)$

$= 1 - ^5C_0 (0.4)^0 * (0.6)^5$

$= 1 - 0.0778$

$= 0.9222$

c) The probability that at most two of the drivers show evidence of intoxication.

P(x≤2) = P(X = 0) + P(X = 1) + P(X = 2)

$^5C_0 (0.4)^0 (0.6)^5 + ^5C_1 (0.4)^1 (0.6)^4 + ^5C_2 (0.4)^2 (0.6)^3$

$= 0.6826$

d) Probability that more than two of the drivers show evidence of intoxication.

P(x>2) = 1 - P(X ≤ 2)

$= 1 - [^5C_0 (0.4)^0 (0.6)^5 + ^5C_1 (0.4)^1 (0.6)^4 + ^5C_2 * (0.4)^2 (0.6)^3]$

$= 1 - 0.6826$

$= 0.3174$

e) Expected number of intoxicated drivers.

To find this, use:

Sample size multiplied by sample proportion

n * p

= 5 * 0.40

= 2

Expected number of intoxicated drivers would be 2

7 0

3 years ago

40 POINTS! DONT MISS OUT!

e-lub [12.9K]

Answer:

3y - 2x

Step-by-step explanation:

3 0

4 years ago

When using a debit card: Question options: A:There are always fees. b:Identification is always required. c:You still need to rec

DIA [1.3K]

Answer:

D.

Step-by-step explanation:

Since this isn't a credit card, there are no interests or fees on a debit card, so A is incorrect. B is also incorrect. You only need identification when you are withdrawing or depositing at a bank, but purchases made in stores or online do not need your identification. You also don't need to record transactions in your checkbook (but it is recommend to keep track of purchases). Modern day technology already records transaction history and all you need to do is access it online.

D is correct because if someone steals your PIN for your debit card, they could go to stores and use that money. You can dispute charges and report to the bank if that happens.

3 0

3 years ago

PLEASE HELP GIVING BRAINLIEST TO CORRECT ANSWER! 10 POINTS

Andrews [41]

Answer:

it 15,000

Step-by-step explanation:

I hope it work

8 0

3 years ago

Read 2 more answers