The amount of extra interest that will be paid is $24300
Since Nellie took out a car loan for $45,000 payable for 6 years at an interest rate of 15%, the interest that she will pay will be:
= ($45000 × 6 × 15) / 100
= $40500
On the other hand, if she hasn't applied for bankruptcy, the amount that she will pay will be:
= ($45000 × 6 × 6) / 100
= $16200
Therefore, the difference between the interest will be:
= $40500 - $16200
= $24300
The correct option is $24300. The given options are incorrect.
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There are 6 pockets all together. You checked two of them and it wasn't
there. So you can forget about those 2, and now there are 4 pockets left.
The total number of ways for your next try is 4.
The number that will be successful is 1.
The probability of success on the next one is <em>1/4 = 25% .</em>
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Another method of solution, somewhat more complex:
Total number of pockets = 6.
Amount of money missing = $10
First partial sum, i.e. sum of numbers
in the first part of the problem = 6 + 10 = 16.
Total number of pockets = 6
Current value of cargo pants on a fashion scale from 1 to 10 = -2.
Second partial sum = 6 - 2 = 4.
Probability = (second partial sum) / (first partial sum) = 4/16 = <em>25% </em>.
Answer: 0
Explanation:
-1/2n -(-1/2n)
= -1/2n + 1/2n
= 0