When someone lends money to someone else, the borrower usually pays a fee to the lender. This fee is called 'interest'. 'Simple' interest, or 'flat rate' interest. The amount of simple interest paid each year is a fixed percentage of the amount borrowed or lent at the start. <span>Interest = Principal × Rate × Time</span>
Answer:
The probability that a customer’s order will not be met during a month is 1.67.
Step-by-step explanation:
Given : A warehouse distributor of carpet keeps 6,000 yards of deluxe shag carpet in stock during a month. The average demand for carpet from the stores that purchase from the distributor is 4,500 yards per month, with a standard deviation of 900 yards.
To find : What is the probability that a customer’s order will not be met during a month?
Solution :
Average Mean 
Sample Mean 
Standard deviation 
The formula is given by,
Substitute the value in the formula,
The probability that a customer’s order will not be met during a month is 1.67.
Answer:
cost of large delivery truck = $60,000
cost of small delivery truck = $45,000
Step-by-step explanation:
let,
the cost of large delivery truck = 'x'
the cost of small delivery truck = 'y'
Now, according to the question,
3x + 2y = 270000
4x + 3y = 375000
By solving the above 2 equation , we get;
x = 60000
y = 45000
Answer:
4
Step-by-step explanation:
Answer:
In geometry, a hypotenuse is the longest side of a right-angled triangle, the side opposite the right angle. The length of the hypotenuse can be found using the Pythagorean theorem, which states that the square of the length of the hypotenuse equals the sum of the squares of the lengths of the other two sides.
Step-by-step explanation:
