Answer:
5.1%
Step-by-step explanation:
The proceeds of the loan are ...
13000 -625 = 12375
The amount repaid is 13000. That amount is ...
13000/12375 = 1.05050505...
times the proceeds. So, the effective interest rate is ...
1.05051 -1 = 5.051% ≈ 5.1%
Answer:
you will be able to do 3 and a half
Step-by-step explanation:
Answer:
The probability that at most 6 will come to a complete stop is 0.7857.
Step-by-step explanation:
Let <em>X</em> = number of drivers come to a complete stop at an intersection having flashing red lights in all directions when no other cars are visible.
The probability of the event <em>X</em> is, P (X) = <em>p</em> = 0.25.
The sample of drivers randomly selected is of size, <em>n</em> = 20.
The random variable <em>X</em> follows a binomial distribution with parameters <em>n</em> = 6 and <em>p</em> = 0.25.
The probability function of Binomial distribution is:

Compute the probability that at most 6 will come to a complete stop as follows:
P (X ≤ 6) = P (X = 0) + P (X = 1) + P (X = 2) + P (X = 3)
+ P (X = 4) + P (X = 5) + P (X = 6)

Thus, the probability that at most 6 will come to a complete stop is 0.7857.
A frog wears Open-toad shoes
Answer:
here's what we know:
a + b = 72
a - b = 26
We can use the elimination method to solve this problem:
a + b = 72
a - b = 26
---------------
2a = 98
Divide both sides by 2:
a = 49
So we now have:
49 + b = 72
and:
49 - b = 26
Subtract 49 from both sides:
b = 23
and
-b = -23 (multiply both sides by -1) → b = 23
Step-by-step explanation: