Joe is making $485 payments monthly, but the amount gets interest on a yearly basis, not monthly, so the amount that yields interest is 485*12
also, keep in mind, we're assuming is compound interest, as opposed to simple interest
In terms of geometric shapes, a slice of pizza closely resembles what?
1 answer:
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Joe is making $485 payments monthly, but the amount gets interest on a yearly basis, not monthly, so the amount that yields interest is 485*12
also, keep in mind, we're assuming is compound interest, as opposed to simple interest
Answer:
0.375
Step-by-step explanation:
Given that F is the event that a student is enrolled in a finance course, and let S be the event that a student is enrolled in a statistics course.
It is known that 40% of all students are enrolled in a finance course and 35% of all students are enrolled in statistics. Included in these numbers are 15% who are enrolled in both statistics and finance.
P(F) = 0.40: P(S) = 0.35: P(FS) = 0.15
A student is randomly selected, and it is found that the student is enrolled in finance.
Probability that this student is also enrolled in statistics/ student is enrolled in finance.
=
(Using conditional probability formula)