If the simple interest on $1,000 for 2 years is $140, then what is the interest rate?
1 answer:
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Answer:
0.999
Step-by-step explanation:
At least 1 correct means, 1 correct, 2 correct, 3 correct ... until 10 correct. That would be a long process to calculate.
<em>Instead we use the complement rule to calculate.</em>
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<em>So we need to find P(x<1). So this is getting 0 answers correct, or 10 incorrect.</em>
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In true false question, probablity of correct is 1/2 and incorrect is 1/2, hence,
Probability of 10 incorrect is (1/2)^10
Thus,
So the answer is 0.999 (rounded to nearest thousandth)
The area to the right of z = 1.35 is 0.0885 and the area to the left of -0.47 is 0.3192.
<h3>How to compute the values?.</h3>Given z = 1.35
= 1- P(z < 1.35)
= 1- 0.9115
= 0.0885
The area to the left of -0.47 will be:
= 1 - P(z < 0.47)
= 1 - 0.6808
= 0.3192
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