Answer:
I believe it's C
Step-by-step explanation:
Male Female Total
Income over $50,000 485 385 870
Income below $50,000 65 65 130
<span>Total 550 450 1,000
Probability of being male: 550/1000 = 0.55
Probability of earning over $50,000: 870/1000 = 0.87
0.55 x 0.87 = 0.4785
Probability of being male and earning over $50,000: 485/550 = 0.8818
</span><span>C) No, P(being male | the person earns over $50,000) ≠ P(being male)</span><span>
</span>
Answer:
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents the principal
R represents interest rate
T represents time in years
I = interest after t years
From the information given
T = 8 months = 8/12 = 2/3 years
P = $3000
R = 9.3%
Therefore
I = (3000 × 9.3 × 2/3)/100
I = 18600/100
I = $186
The maturity value (in dollars) of this loan would be
3000 + 186 = $3186
