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nalin [4]
3 years ago
8

Mark’s new car is a lemon. It breaks down within 6 months of purchasing the car. Mark cannot afford the repairs so he charges $2

,000 in car repairs on the store account and plans on paying a minimum monthly fee of $50. The card carries a 25% Annual Percentage Rate (APR). How much are those car repairs really costing Brent and when will he pay off the amount owed?
Mathematics
1 answer:
Lunna [17]3 years ago
8 0
The worth of the repairs is actually <span>$3,686.25 and the amount will be paid off after 6.07 years. This is assuming that the APR is effective and compounded per year.
The $50 can be converted to a Future Value per year before the rest of the given can be used.</span>
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True, and it's called an isosceles right triangle :D
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What percent of 29.5 is 10.03
Alexxandr [17]
So if we take 29.5 to be the 100%, what is 10.03 in percentage?

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3 years ago
An Airliner has a capacity for 300 passengers. If the company overbook a flight with 320 passengers, What is the probability tha
TEA [102]

Answer:

The probability is   P(X  >300 ) = 0.97219

Step-by-step explanation:

From the question we are told that

 The capacity of  an Airliner  is  k =  300 passengers

 The sample size n =  320 passengers

  The probability the a randomly selected passenger shows up on to the airport

    p = 0.96

Generally the mean is mathematically represented as

    \mu  =  n*  p

  => \mu  =  320 *  0.96

    => \mu  = 307.2

Generally the standard deviation is  

    \sigma =  \sqrt{n *  p *  (1 -p ) }

=>  \sigma =  \sqrt{320  *  0.96 *  (1 -0.96 ) }

=> \sigma =3.50

Applying Normal approximation of binomial distribution

Generally the probability that there will not be enough seats to accommodate all passengers is mathematically represented as

  P(X  > k ) =  P( \frac{ X -\mu }{\sigma }  >  \frac{k - \mu}{\sigma } )

Here \frac{ X -\mu }{\sigma }  =Z (The \ standardized \  value \  of  \ X )

=>P(X  >300 ) =  P(Z >  \frac{300 - 307.2}{3.50} )

Now applying  continuity correction we have

    P(X  >300 ) =  P(Z >  \frac{[300+0.5] - 307.2}{3.50} )    

=>    P(X  >300 ) =  P(Z >  \frac{[300.5] - 307.2}{3.50} )

=>    P(X  >300 ) =  P(Z >  -1.914 )

From the z-table  

    P(Z >  -1.914 ) =  0.97219

So

    P(X  >300 ) = 0.97219

8 0
3 years ago
A two-digit number becomes 5/6 of the reversed number obtained when the digits are interchanged. The difference between the digi
stealth61 [152]
<h3>Answer:   54</h3>

==============================================

Work Shown:

T = tens digit

U = units digit (aka ones digit)

A number like 27 is really 20+7 = 2*10 + 7*1 = 10*2 + 1*7. We have 2 in the tens digit and 7 in the units digit. So 27 can be written in the form 10T + U where T = 2 and U = 7. Reversing the digits gives 72, so T = 7 and U = 2 now. Clearly the difference between the digits 7 and 2 is not 1, so 27 or 72 is not the answer (as it's just an example).

-----------------------

Let T be larger than U. This doesn't work if T = U.

Because T is larger, saying "The difference between the digits is 1" means T - U = 1. We can isolate T to get T = U+1. We'll use this later.

-----------------------

If T > U, then the original number 10T+U reverses to the new number 10U+T and it becomes smaller. We are told that it becomes 5/6 of what it used to be.

So,

new number = (5/6)*(old number)

10U + T = (5/6)(10T + U)

6(10U + T) = 5(10T + U)

60U + 6T = 50T + 5U

60U + 6(U+1) = 50(U+1) + 5U ... plug in T = U+1

60U + 6U + 6 = 50U + 50 + 5U

66U + 6 = 55U + 50

66U - 55U = 50-6

11U = 44

U = 44/11

U = 4 is the units digit of the original number

T = U+1

T = 4+1

T = 5 is the tens digit of the original number

The original number is therefore 10T + U = 10*5+4 = 54.

We see the difference in their digits is T-U = 5-4 = 1

The reverse of 54 is 45. The number 45 is 5/6 of 54

45 = (5/6)*54

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