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Zepler [3.9K]
3 years ago
6

Craig just purchased a new car. He financed $45000 and must pay it back over 5 years with 11% interest. a) How much will craig h

ave paid in interest by the time his car is paid off? b) How much will he have paid for his car, including interest, after 5 years?
Mathematics
2 answers:
nignag [31]3 years ago
5 0

Answer:

49950

Step-by-step explanation:

111% of 45000 is 49950

ludmilkaskok [199]3 years ago
3 0

Answer:

The amount Craig financed at the beginning(P) = 45000

Number of years he took to repay(T) = 5

Rate of interest(R) = 11%

Total interest he paid = <em>PTR/100</em>

<em>= </em>45000(5) (11) / 100

= 450 × 55 = 24,750

Therefore Craig will have paid $24,750

Step-by-step explanation:

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The question is incomplete. Below you will find the missing contents.

The correct match of events with order are,

  • P(A)P(B|A) - Dependent event
  • P(A)+P(B) - Mutually exclusive events
  • P(A and B)/P(A) - Conditional events
  • P(A) . P(B) - Independent Events
  • P(A)+P(B) -P(A and B) - not Mutually exclusive events.

When two events A and B are independent then,

P(A and B)=P(A).P(B)

when A and B are dependent events then,

P(A and B) = P(A) . P(B|A)

When two events A and B are mutually exclusive events then,

P(A and B)=0

So, P(A or B) = P(A) + P(B) - P(A and B) = P(A) + P(B)

P(A) + P(B) = P(A or B)

When events are not mutually exclusive then the general relation is,

P(A or B) = P(A) + P(B) - P(A and B)

If the probability of the event B conditioned by A is given by,

\mathrm{P(B|A)=\frac{P(A~and~B)}{P(A)}}

Hence the correct match are -

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  • \mathrm{P(A) . P(B)\rightarrow} Independent Events
  • \mathrm{P(A)+P(B) -P(A ~and ~B)\rightarrow} not Mutually exclusive events.

Learn more about Probability of Events here -

brainly.com/question/79654680

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