A type of bacterium triples in population every hour. Assuming you start with
1 answer:
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<h3>The monthly payment is $242.44 for loan to paid off in 3 years.</h3>
Step-by-step explanation:
The amount borrowed = Principal = $8000
The rate of interest = 7.2%
Time (T) = 3 years
Now, Simple Interest =
So, the total interest = $1728
Now, <u>Amount to be paid = Principal + Interest</u>
⇒ A = $8000 + $1728 = $8728
Also, 1 year = 12 months
⇒ 3 years = 3 x 12 months = 36 months
So, total amount to be paid in 36 months is $8728.
⇒The amount to be paid in 1 month is
Hence, the monthly payment is $242.44 if loan is to paid off in 3 years.
Answer:
0.3157
Step-by-step explanation:
Given that according to a certain news poll, 71% agreed that it should be the government's responsibility to provide a decent standard of living for the elderly,
Let A be the event that it should be the government's responsibility to provide a decent standard of living for the elderly, and B the event that it would be a good idea to invest part of their Social Security taxes on their own
P(B) = 41%=0.41
A and B are independent
Hence P(both)=
the probability that a person agreed with both propositions
= Probability for both A and B
= P(A) P(B) since A and B are independent
= 0.3157