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lawyer [7]
3 years ago
15

Ana took out a $600 loan from the bank. At the end of 5 years, she pays back $60 in interest. What was the interest rate?

Mathematics
1 answer:
Usimov [2.4K]3 years ago
7 0

Answer:

Ana payed a 10% interest rate.

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Can someone pls help me with these equations
Zielflug [23.3K]

Answer:

1. y = -2x+5

2. y = 3/4 - 3

3. intercept = -5 slope =  4/3

4. intercept = 1 slope = -1/2

5 0
3 years ago
Assume the random variable X has a binomial distribution with the given probability of obtaining a success. Find the following p
aev [14]

Answer:

P(X < 3) = 0.7443

Step-by-step explanation:

We are given that the random variable X has a binomial distribution with the given probability of obtaining a success. Also, given n = 6, p = 0.3.

The above situation can be represented through Binomial distribution;

P(X=r) = \binom{n}{r}p^{r} (1-p)^{n-r} ; x = 0,1,2,3,.....

where, n = number of trials (samples) taken = 6

            r = number of success = less than 3

           p = probability of success which in our question is 0.3.

LET X = a random variable

So, it means X ~ Binom(n=6, p=0.3)

Now, Probability that X is less than 3 = P(X < 3)

P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)

             = \binom{6}{0}0.3^{0} (1-0.3)^{6-0}+ \binom{6}{1}0.3^{1} (1-0.3)^{6-1}+ \binom{6}{2}0.3^{2} (1-0.3)^{6-2}

             = 1 \times 1 \times 0.7^{6}  +6 \times 0.3^{1}  \times 0.7^{5}  +15 \times 0.3^{2}  \times 0.7^{4}

             = 0.11765 + 0.30253 + 0.32414 = 0.7443

Therefore, P(X < 3) = 0.7443.

5 0
3 years ago
Select the correct answer.
tankabanditka [31]

Answer:

Saving (Start) = 1000

Add to savings = 300

y = 300x + 1000

Motorcycle = 5000

Payment = 250

y = 5000 - 250x

Answer is C

Step-by-step explanation:

8 0
4 years ago
An urn contains balls numbered 1 through 20. A ball is chosen, returned to the urn, and a second ball is chosen. What is the pro
stira [4]
<h2>Answer:</h2>

The probability is:

                   \dfrac{1}{400}

<h2>Step-by-step explanation:</h2>

It is given that:

An urn contains balls numbered 1 through 20.

A ball is chosen, returned to the urn, and a second ball is chosen.

This means that this is a case of a replacement.

Hence, one of the event is independent of the other.

Now we know that the probability to get a particular number of ball is:

                  \dfrac{1}{20}

( Since, there are total 20 balls and a ball of one particular number is just unique )

i.e. \text{Probability of getting a 8}=\dfrac{1}{20}

Hence, the probability that the first and second balls will be a 8 is:

=\dfrac{1}{20}\times \dfrac{1}{20}\\\\\\=\dfrac{1}{400}

7 0
3 years ago
Read 2 more answers
For each data set, find the mean, the first and third quartiles, and the interquartiles. Texts per day: 24, 53, 38, 12, 31, 19,
kolezko [41]
Mean = 29
Q1 = 19
Q2 = 26
Q3 = 38
IQR = Q3 - Q1 = 38 - 19 = 19
8 0
3 years ago
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