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Likurg_2 [28]
3 years ago
14

In how many years will the interest on £100 at 6% amount to £12?

Mathematics
2 answers:
PtichkaEL [24]3 years ago
7 0
6% is 6 for every hundred. Because we have 100, that means that it the interest will be 6 more each year. 12/6 = 2, so 2 years.
NOTE: that is only simple interest. Compound interest is different. Compound interest is when you earn interest on your interest, so after 1 year you would have 106, and then you would get 6% of that 106.
lesya [120]3 years ago
3 0
Given:
Principal = <span>£100
Interest rate = 6%
Interest = </span><span>£12

Simple Interest is computed by multiplying the principal by its interest rate and term

Interest = Principal * rate * term
12 = 100 * 0.06 * term
12 = 6 * term
12/6 = term
2 = term

It will take 2 years for </span>£100 to earn <span>£12 at 6%</span>
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goldfiish [28.3K]

Answer:

(a) The proportion of women who are tested, get a negative test result is 0.82.

(b) The proportion of women who get a positive test result are actually carrying a fetus with a chromosome abnormality is 0.20.

Step-by-step explanation:

The Bayes' theorem states that the conditional probability of an event <em>E</em>_{i}, of the sample space <em>S,</em> given that another event <em>A</em> has already occurred is:

P(E_{i}|A)=\frac{P(A|E_{i})P(E_{i})}{\sum\liits^{n}_{i=1}{P(A|E_{i})P(E_{i})}}

The law of total probability states that, if events <em>E</em>₁, <em>E</em>₂, <em>E</em>₃... are parts of a sample space then for any event <em>A</em>,

P(A)=\sum\limits^{n}_{i=1}{P(A|B_{i})P(B_{i})}

Denote the events as follows:

<em>X</em> = fetus have a chromosome abnormality.

<em>Y</em> = the test is positive

The information provided is:

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Using the above the probabilities compute the remaining values as follows:

P(X^{c})=1-P(X)=1-0.04=0.96

P(Y^{c}|X)=1-P(Y|X)=1-0.90=0.10

P(Y|X^{c})=1-P(Y^{c}|X^{c})=1-0.85=0.15

(a)

Compute the probability of women who are tested negative as follows:

Use the law of total probability:

P(Y^{c})=P(Y^{c}|X)P(X)+P(Y^{c}|X^{c})P(X^{c})

          =(0.10\times 0.04)+(0.85\times 0.96)\\=0.004+0.816\\=0.82

Thus, the proportion of women who are tested, get a negative test result is 0.82.

(b)

Compute the value of P (X|Y) as follows:

Use the Bayes' theorem:

P(X|Y)=\frac{P(Y|X)P(X)}{P(Y|X)P(X)+P(Y|X^{c})P(X^{c})}

             =\frac{(0.90\times 0.04)}{(0.90\times 0.04)+(0.15\times 0.96)}

             =0.20

Thus, the proportion of women who get a positive test result are actually carrying a fetus with a chromosome abnormality is 0.20.

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