What is the interest rate $14,095 at 3.8% for 5 1/2 years
1 answer:
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Answer:
0.194
Step-by-step explanation:
Probability that BOTH are democrats means probability of <u>"one being democrat"</u> AND <u>"another also being democrat"</u>.
The AND means we need to MULTIPLY the individual probability of a person being democrat.
Probability that a voter is democrat is 44% (0.44) -- stated in the problem
Now, Probability BOTH being Democrats is simply MULTIPLYING 0.44 with 0.44
Rounded to nearest thousandth, 0.194
Last answer choice is correct.
To solve this problem you have to set up a proportion. To form one side of the proportion you use "is over of" meaning what number represented by is, in this case 18, is placed over the number represented by of, 3000. 
Since you are finding the percent of something, youre x value is placed above "100" because percent values are most commonly out of 100%. 
So now your proportion will look like To solve the proportion you cross multiply and divide. So you multiply 100 and 18 since they are crossed from each other, then divide 1800 by 3000. The answer is .6. 18 is .6% of 3000.
So now your proportion will look like