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Yuki888 [10]
2 years ago
10

Adam borrowed money to buy a new car. The bank now has a lien on the car. What could happen if Adam doesn't make his payments on

time?
A.The bank could sell the car.

B.The bank could lend him more money.

C.The bank could exchange his new car for an old one.
Business
2 answers:
larisa [96]2 years ago
6 0
The correct answer is A The bank could sell the car.
The bank could take back the car and sell it to recover its money.

Alex73 [517]2 years ago
5 0

Answer: A for PLATO users

Explanation:

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me 100%

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Partnership business can't be successful without mutual understanding?​
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Joey realizes that he has charged too much on his credit card and has racked up $5,000 in debt. If he can pay $150 each month an
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Thirty percent of households say they would feel secure if they had​ $50,000 in savings. You randomly select 8 households and as
marin [14]

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b) 0.01129221

c) 0.98870779

Explanation:

Binomial probability formula :-

P(x)=^nC_xp^x(1-p)^x, where P(x) is the probability of getting success in x trials, n is the total number of trials and p is the probability of getting success in each trial.

Given : The probability of households say they would feel secure if they had​ $50,000 in savings = 0.30

Total number of households selected = 8

a) The probability that the number that say they would feel secure is exactly​ five will be :-

P(5)=^8C_{5}(0.30)^5(0.70)^3\\\\=56(0.3)^5(0.7)^3=0.04667544

b) The probability that the number that say they would feel secure is more than​ five :-

P(x>5)=P(6)+P(7)+P(8)\\\\=^8C_{6}(0.30)^6(0.70)^2+^8C_{7}(0.30)^7(0.70)^1+^8C_{0}(0.30)^8(0.70)^0\\\\=28(0.30)^6(0.70)^2+8(0.30)^7(0.70)^1+(0.30)^8\\\\=0.01129221

c) The probability that the number that say they would feel secure is at most five :-

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7 0
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