Answer:
Total interest = $3.41
Step-by-step explanation:
Since she can pay $72 each month we can divide the payments on monthly basis till all the money is paid.
The annual interest rate is 24.7%, so the monthly rate will be 24.7 ÷ 12= 2.058%
For the first month
With payment of $72 the remaining amount will be 189.56 - 72 = $117.56
Interest paid will be 0.02058 * 117.56 = $2.42
Total amount owed now will be 117.56 + 2.42 = $119.98
For the second month another payment of $72 is made
The remaining will be 119.98 - 72 = $47.98
Interest charged will be 0.02058 * 47.98 = $0.99
The amount owed will be 47.98 + 0.99 = $48.97
In the third month she will pay the remaining $47.98 which is within her monthly limit
Total interest paid = Sum of Amount paid each month - Initial amount spent
Total interest = {(72 * 2) +48.97} - 189.56 = $3.41
Answer:
x=-22/4
y=-3
Step-by-step explanation:
3x-2y=-5
4x+2y=-16
we <u>add</u> the equation
7y=-21
y=-3
then we find the x by taking a random equation
I take 4x+2y=-16
4x+2(-3)=-16
4x-6=-16
4x=-22
x=-22/4
Answer:
2 is correct answer
Step-by-step explanation:
hope it helped you:)
Answer:
Step-by-step explanation:
Given that the television show Degenerate Housewives has been successful for many years. That show recently had a share of 18, meaning that among the TV sets in use, 18% were tuned to Degenerate Housewives.
Each household is independent of the other and there two outcomes.
X no of households that are tuned to Degenerate Housewives. is Bin (12, 0.18)
the probability that none of the households are tuned to Degenerate Housewives. P(none) =_______0.0924_____
the probability that at least one household is tuned to Degenerate Housewives. P(at least one) = ____1-0.0924 = 0.9076______
the probability that at most one household is tuned to Degenerate Housewives. P(at most one) = _____0.3359______
If at most one household is tuned to Degenerate Housewives, does it appear that the 18% share value is wrong? (Hint: Is the occurrence of at most one household tuned to Degenerate Housewives unusual?)
No 33% is not unusual.
