5.12% means
5.12/100 = 0.0512 (each year)
PreOwned Vehicle Cost = 31,100
For 5 years simple interest, the value would be:
31100 * 0.0512 * 5 = $7961.6
Total have to pay: 31,100 + 7961.6 = $39,061.6
Answer:
the statements are not equivalent
Answer:
a) 0.70
b) 0.82
Step-by-step explanation:
a)
Let M be the event that student get merit scholarship and A be the event that student get athletic scholarship.
P(M)=0.3
P(A)=0.6
P(M∩A)=0.08
P(not getting merit scholarships)=P(M')=?
P(not getting merit scholarships)=1-P(M)
P(not getting merit scholarships)=1-0.3
P(not getting merit scholarships)=0.7
The probability that student not get the merit scholarship is 70%.
b)
P(getting at least one of two scholarships)=P(M or A)=P(M∪A)
P(getting at least one of two scholarships)=P(M)+P(A)-P(M∩A)
P(getting at least one of two scholarships)=0.3+0.6-0.08
P(getting at least one of two scholarships)=0.9-0.08
P(getting at least one of two scholarships)=0.82
The probability that student gets at least one of two scholarships is 82%.
The answer would be B C E hope this helps :)
2. 4/6 , 6/9
3. 2/4 , 3/6
4. 8/10 , 12/15
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