1. Using "exact" interest, your charge will be
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
Answer: A. 4.
Explanation: solving graphically
Answer:
You are selecting marbles with replacement. The marble selections (trials) are independent and the marble selection follows the binomial distribution.
The probability of selecting a red marble the first time is 1313.
(This is because 4 out of 12 marbles are red and412412 reduces to 1313.
The probability of selecting a red marble the second time is 1313.
The marble selections are independent and you can multiply the two probabilities to get the following:
probability of getting 2 reds = (13)2(13)2
=19=19.
So the probability of getting two reds is 1919.
You can solve by using Pythagoras theorem.
Let the longest side be c.
a^2 + b^2 = c^2
If this holds, it is a right angle.
But, 3.5^2 + 4.5^2 is not equal to 5.5^2.