Answer:
the probability having no customers are in the system is 0.375
Step-by-step explanation:
The computation of the probability having no customers are in the system is as follows;
Given that the arrival rate is 1.25 customers per minute
The Service rate is 2 customers per minute
Based on the above information, the probability is

Hence, the probability having no customers are in the system is 0.375
<h3>Given:</h3>
- P= $50,000
- R= 10%
- T= 5 years
<h3>Note that:</h3>
- P= Principal amount
- R= Rate of interest
- T= Time period
<h3>Solution:</h3>

Let's substitute according to the formula.

<em>A=</em><em> </em><em>$80525.5</em>
Now, we can find the interest paid

We'll have to deduct the total amount from the principal amount.
Let's substitute according to the formula.

<em>I=</em><em> </em><em>$30525.5</em>
<u>Hence</u><u>,</u><u> </u><u>the</u><u> </u><u>total</u><u> </u><u>amount</u><u> </u><u>paid</u><u> </u><u>after</u><u> </u><u>5</u><u> </u><u>years</u><u> </u><u>is</u><u> </u><u>$</u><u>80525.5</u><u> </u><u>and</u><u> </u><u>$</u><u>30525.5</u><u> </u><u>was</u><u> </u><u>paid</u><u> </u><u>as</u><u> </u><u>interest</u><u>.</u>
Hmm if I'm not mistaken, is just an "ordinary" annuity, thus
![\bf \qquad \qquad \textit{Future Value of an ordinary annuity} \\\\ A=pymnt\left[ \cfrac{\left( 1+\frac{r}{n} \right)^{nt}-1}{\frac{r}{n}} \right] \\\\\\](https://tex.z-dn.net/?f=%5Cbf%20%5Cqquad%20%5Cqquad%20%5Ctextit%7BFuture%20Value%20of%20an%20ordinary%20annuity%7D%0A%5C%5C%5C%5C%0AA%3Dpymnt%5Cleft%5B%20%5Ccfrac%7B%5Cleft%28%201%2B%5Cfrac%7Br%7D%7Bn%7D%20%5Cright%29%5E%7Bnt%7D-1%7D%7B%5Cfrac%7Br%7D%7Bn%7D%7D%20%5Cright%5D%0A%5C%5C%5C%5C%5C%5C)
B. For each hour he works, his earnings go up by $8