The phone you want to purchase is $200. You have a coupon for 30% off the purchase price. How much will you pay for the phone af
2 answers:
You might be interested in
In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula: 
where
is the monthly payment
is the amount
is the interest rate in decimal form
is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:
We also know from our question that
and 
, so lets replace those values into our formula to find the monthly payment:
We can conclude that the monthly payment during the initial period is $1071.58<span />
where
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:
We also know from our question that
We can conclude that the monthly payment during the initial period is $1071.58<span />
The probability of choosing two yellow marbles = 5/26
Step-by-step explanation:
Step 1 :
Given
Total number of marbles in the bag = 13 marbles
Number of yellow marbles = 6.
We choose 2 marbles from the bag without replacing and need to determine the probability that both are yellow.
Step 2 :
Probability of finding yellow marble in the first try = Number of yellow marbles / Total number of marbles =
Once the yellow marble is selected we have 5 yellow marbles among 12 remaining marbles in the bag.
Probability of finding yellow marble in the second try = Number of yellow marbles / Total number of marbles =
Step 3:
P(yellow in first 2 tries) = P(yellow in first try) * P(yellow in second try)
P(yellow in first 2 tries) = =
Step 4:
Answer:
The probability of choosing two yellow marbles = 5/26