You may start out with a "line of credit" agreement with a bank that allows you to create relatively small loans by the bank to yourself at a specified interest rate and under other specific terms. Of course you must repay these loans, with interest, and that's how the bank makes its money.
If you fail to repay the bank, the bank may close your account and demand that you immediately repay all the money you owe it. A "closed line of credit" is a pretty sad thing.
Answer: 1/5
Step-by-step explanation:
given data;
chances of winning = 1/3
chances of losing = 1/3
chances of tying in a given round = 1/3
solution:
probability that you would win atleast 2 in any 3 matches without a tied match is
1/3 / ( 2 - 1/3 )
= 1/3 / 5/3
= 1/5
the probability of winning 2 of 3 games without a tie is 1/5
1799.70 because
[email protected]%interest monthly is 124.95 times 6mos plus the average cost of the vacation.
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1.15470053838 that should be the right answer hope it help
