Answer: Option (c) is correct. Rate of interest = 6% p.a.
Step-by-step explanation:
Given that,
principal amount = $2000(loan)
time period = 284 days
interest amount (SI) = $93.37
we have to calculate the rate of interest (i),
Simple interest(SI) = principal amount × rate of interest (i) × time period
93.37 = 2000 × i × 
i = 
i = 0.06
i = 6%
Times 2nd equation by 2
add to first equation
3x+6y=6
<u>4x-6y=8 +</u>
7x+0y=14
7x=14
divide both sides by 7
x=2
sub back
2x-3y=4
2(2)-3y=4
4-3y=4
minus 4 both sideds
-3y=0
y=0
(x,y)
(2,0)
Start at (0,0) go to the left 2 times then go down 5 times and you should get to (-2,-5)
Answer:
24 months
Step-by-step explanation:
Lifespan with z-score of -3 in the the set of normally distributed life spans of an appliance can be calculated using the equation:
where
- X is the lifespan we are looking for
- M is the mean life span of the appliance (48 months)
- s is the standard deviation of the distribution of the life spans (8 months)
We have 
that is
-24=X-48 and
X=24 months.
The life span of an appliance that has a z-score of -3 is 24 months.
-9x/11 -7< -5
+7 +7
-9x/11 < 2
*11 < *11
-9x < 22
/-9 /-9
x> 2.4
