3 years ago

Why is looking at cash flow an important step in a good financial plan?

Mathematics

1 answer:

sergejj [24]3 years ago

8 0

Cuz it can help you later on in the fuchure

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Jermaine’s father owes $6,300 in interest at the end of a 60-month car loan at a 7% simple annual interest rate. What was the or

Sever21 [200]

I = Prt
6300 = P * .07 * (60/12)
6300 = .35P
6300 / .35 = P
18000 = P

$18,000 is the answer you are looking for! I hope this helps! :D

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The taxi and takeoff time for commercial jets is a random variable x with a mean of 8.4 minutes and a standard deviation of 3.5

Lorico [155]

Answer:

0.6672 is the required probability.

Step-by-step explanation:

We are given the following information in the question:

Mean, μ = 8.4 minutes

Standard Deviation, σ = 3.5 minutes

We are given that the distribution of distribution of taxi and takeoff times is a bell shaped distribution that is a normal distribution.

According to central limit theorem the sum measurement of n is normal with mean $\mu$ and standard deviation $\sigma\sqrt{n}$

Sample size, n = 37

Standard Deviation =

$=\sigma\times \sqrt{n} = 3.5\times \sqrt{37}=21.28$

P(taxi and takeoff time will be less than 320 minutes)

$P( \sum x < 320) = P( z < \displaystyle\frac{320 - 37(8.4)}{21.28}) = P(z < 0.4323)$

Calculation the value from standard normal z table, we have,

$P(\sum x < 320) =0.6672 = 66.72\%$

0.6672 is the probability that for 37 jets on a given runway, total taxi and takeoff time will be less than 320 minutes.

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3 years ago