You take the decimal of say .48 and pull the it back so it would be 48%
Answer:
8,3
Step-by-step explanation:
Amount Financed: $2,650
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%
Setup Fee= $5,500Per CD Charge= $1.00Desired Cost Per CD= $3.50
x= number of CDs
Desired Cost Per CD= Cost per CD + Setup Fee
($3.50 * x)= ($1.00 * x) + $5,500multiply inside parentheses
$3.50x= $1.00x + $5,500subtract $1.00x from both sides
$2.50x= $5,500divide both sides by $2.50
x= 2,200 CDs
ANSWER: x= 2,200 CDs
Hope this helps! :)
The independent events are illustrations of probability, and the value of P(B) is 0.40
<h3>How to determine the value of P(B)?</h3>
The given parameters are:
P(A) = 0.50
P(A and B) = 0.20
Two events A and B are independent, if
P(A and B) = P(A) * P(B)
So, we have:
0.50 * P(B) = 0.20
Divide both sides by 0.50
P(B) = 0.40
Hence, the value of P(B) is 0.40
Read more about probability at:
brainly.com/question/25638875
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