Given:
0.1% of all transactions are fraudulent
99% correct identification whether a transaction is fraudulent or not.
Scanned 5,000,000 transactions.
5,000,000 x 0.1% = 5,000 fraudulent transactions.
For me, there are 5,000 fraudulent transactions. This is based on the 0.1% rather than the 99%. Because the problem clearly states that the 0.1% of ALL transaction is identified as fraudulent. The 99% of the computer program only deals with the correct identification of the transaction as either fraudulent or not. For me, it is not a clear measure of the true number of fraudulent transactions.
Answer:
9/16 into a decimal is 0.5625
$16,744.00
Link: http://www.moneychimp.com/features/simple_interest_calculator.htm
The standard form is 3x+4y=8
Answer:
Use L x W x H
Step-by-step explanation:
So...
5 x 12 x 8 = 480
