Answer:
$403.15
Step-by-step explanation:
Principal loan amount is the total amount minus down-payment:
Knowing that , the monthly payments can be calculated using the formula:
Hence, the monthly payment is $403.15
A watering can dispenses water at a rate of 0.40 gallon per minute. the original volume of water in the can was 10 gallons. whic
2 answers:
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Answer:
0.762 = 76.2% probability that this shipment is accepted
Step-by-step explanation:
For each pen, there are only two possible outcomes. Either it is defective, or it is not. The probability of a pen being defective is independent from other pens. So we use the binomial probability distribution to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
17 randomly selected pens
This means that
(a) Find the probability that this shipment is accepted if 10% of the total shipment is defective. (Use 3 decimal places.)
This is when
. So
0.762 = 76.2% probability that this shipment is accepted