Answer:
Step-by-step explanation:
Using I = (PRt)/100
Ratio of fee and principal amount = fee/amount
= 25/700
= 1/28
Fee(interest) for 12 days = $25
In 1 day,
= (1/28) * 1/12
= 1/336
For a year, that is 365 days
Fee (interest) = 365 * (1/336)
= 1.08 * 100
= 108 %
Answer:
liol
Step-by-step explanation:
Answer:

And replacing we got:

The probability that a randomly selected barber needs at least 14 minutes to complete the haircut is 0.5714
Step-by-step explanation:
We define the random variable of interest as x " time it takes a barber to complete a haircuts" and we know that the distribution for X is given by:

And for this case we want to find the following probability:

We can find this probability using the complement rule and the cumulative distribution function given by:

Using this formula we got:

And replacing we got:

The probability that a randomly selected barber needs at least 14 minutes to complete the haircut is 0.5714
Answer:
7
Step-by-step explanation:
Divide the 12 by 4 to see how much one is for.
After you get $3 alk you do is divide the $21 by 3