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mario62 [17]
3 years ago
9

Melody paid off a loan of $120,000 in 10 years. If she made a payment of $1,225 each month, then what was the simple interest ra

te for her loan?
PLEASE HELP!!!
Mathematics
1 answer:
sdas [7]3 years ago
7 0
I think it’s .01% because 1225/120000=.010208
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Answer:

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Step-by-step explanation:

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7 0
3 years ago
Read 2 more answers
H+p=4(k−7) for k please answer
dmitriy555 [2]

Answer:

(28 + h + p)/4 = k

Step-by-step explanation:

Step 1: Write equation

h + p = 4(k - 7)

Step 2: Solve for <em>k</em>

<u>Distribute 4:</u> h + p = 4k - 28

<u>Add 28 to both sides:</u> 28 + h + p = 4k

<u>Divide both sides by 4:</u> (28 + h + p)/4 = k

3 0
3 years ago
The Wilson family had 5 children. Assuming that the probability of a child being a girl is 0.5, find the probability that the Wi
Dafna11 [192]

Answer:

0.813

0.500

Step-by-step explanation:

Use binomial probability.

P = nCr p^r q^(n−r)

where n is the number of trials,

r is the number of successes,

p is the probability of success,

and q is the probability of failure (1−p).

In this problem, n = 5, p = 0.5, and q = 0.5.

"At least 2 girls" means r = 2, 3, 4, or 5.

Or, we can use the complement.

P(at least 2 girls) = 1 − P(at most 1 girl)

P(at least 2 girls) = 1 − P(r=0 or r=1)

P(at least 2 girls) = 1 − ₅C₁ (0.5)¹ (0.5)⁵⁻¹ − ₅C₀ (0.5)⁰ (0.5)⁵⁻⁰

P(at least 2 girls) = 1 − 5 (0.5) (0.5)⁴ − 1 (1) (0.5)⁵

P(at least 2 girls) = 1 − 6 (0.5)⁵

P(at least 2 girls) ≈ 0.813

"At most 2 girls" means r = 0, 1, or 2.

P(at most 2 girls) = P(r=0, r=1, or r=2)

P(at most 2 girls) = ₅C₀ (0.5)⁰ (0.5)⁵⁻⁰ + ₅C₁ (0.5)¹ (0.5)⁵⁻¹ + ₅C₂ (0.5)² (0.5)⁵⁻²

P(at most 2 girls) = 1 (1) (0.5)⁵ + 5 (0.5) (0.5)⁴ + 10 (0.5)² (0.5)³

P(at most 2 girls) = 16 (0.5)⁵

P(at most 2 girls) = 0.500

4 0
3 years ago
Which of the following expressions are equivalent?
Anni [7]
The answer is D ................... D.................. D
5 0
3 years ago
True or false? Rates can be adjusted for different time periods. If you know how many parts can be made in an hour, then you can
julsineya [31]

Answer:

  True

Step-by-step explanation:

The whole point of units conversion is to take a value expressed in one set of units (parts per hour) and translate it to a different set of units (parts per week). The rate does not have to involve time.

The statement is TRUE.

3 0
3 years ago
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