Find the rate percent per annum at which birr 380 earns birr 128.25 in 7 years and 6 months?
1 answer:
Answer:
A = $4,035.13
Step-by-step explanation:
Given: 380 earns, 128.25 in 7 years and 6 months
To find: The rate percent per annum
Formula:
Solution: I = A - P = $3,655.13
Equation:
A = P(1 + rt)
First, converting R percent to r a decimal
r = R/100 = 128.25%/100 = 1.2825 per year.
Solving our equation:
A = 380(1 + (1.2825 × 7.5)) = 4035.125
A = $4,035.13
The total amount accrued, principal plus interest, from simple interest on a principal of $380.00 at a rate of 128.25% per year for 7.5 years is $4,035.13.
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Answer:
0.0748 = 7.48% probability that he is guilty
Step-by-step explanation:
Conditional Probability
We use the conditional probability formula to solve this question. It is
In which
P(B|A) is the probability of event B happening, given that A happened.
is the probability of both A and B happening.
P(A) is the probability of A happening.
In this question:
Event A: Tests indicates guilty
Event B: Person is guilty
Probability that the test indicates that the person is guilty:
4/5 = 0.8 of 1/100 = 0.01(person is guilty)
1 - 0.9 = 0.1 of 1 - 0.99(person is not guilty). So
Test indicates guilty and the person is guilty;
0.01 of 0.8. So
What is the probability that he is guilty?
0.0748 = 7.48% probability that he is guilty