<h3>T
he monthly payment is $242.44 for loan to paid off in 3 years.</h3>
Step-by-step explanation:
The amount borrowed = Principal = $8000
The rate of interest = 7.2%
Time (T) = 3 years
Now, Simple Interest = 
So, the total interest = $1728
Now, <u>Amount to be paid = Principal + Interest</u>
⇒ A = $8000 + $1728 = $8728
Also, 1 year = 12 months
⇒ 3 years = 3 x 12 months = 36 months
So, total amount to be paid in 36 months is $8728.
⇒The amount to be paid in 1 month is 
Hence, the monthly payment is $242.44 if loan is to paid off in 3 years.
Answer:
6 (y + 8) (y - 1)
Step-by-step explanation:
Factor the following:
6 y^2 + 42 y - 48
Factor 6 out of 6 y^2 + 42 y - 48:
6 (y^2 + 7 y - 8)
The factors of -8 that sum to 7 are 8 and -1. So, y^2 + 7 y - 8 = (y + 8) (y - 1):
Answer: 6 (y + 8) (y - 1)
PS: it's really helpful to pose the question correctly 6 y^2 + 42 y - 48 NOT
6y 2 - 48 + 42y
Answer:
3x - 4y = -32
Step-by-step explanation:
Answer:
The expected value of the safe bet equal $0
Step-by-step explanation:
If
is a finite numeric sample space and
for k=1, 2,..., n
is its probability distribution, then the expected value of the distribution is defined as
What is the expected value of the safe bet?
In the safe bet we have only two possible outcomes: head or tail. Woodrow wins $100 with head and “wins” $-100 with tail So the sample space of incomes in one bet is
S = {100,-100}
Since the coin is supposed to be fair,
P(X=100)=0.5
P(X=-100)=0.5
and the expected value is
E(X) = 100*0.5 - 100*0.5 = 0
