Answer:
15.14%
Step-by-step explanation:
The formula for APR is stated thus:
APR=fees+interest/principal/n*365*100
principal is the loan amount of $700
fees is the processing fees on the loan which is $50
interest amount=principal*interest %=$700*8%=$56
n is the number of days of the loan which is a year i.e 365 days
APR=($50+$56)/$700/365*365*100
APR=$106/$700/365*365*100
APR=0.151428571
/365*365*100
APR=0.151428571
*100=15.14%
The annual percentage rate on the loan is 15.14% which represents the actual cost on the loan not just the interest cost of 8% annually
V=lwh
v/lw=h
thats what it is.
Answer:
x = 3.5
Step-by-step explanation:
Triangle to the right:
4^2 + x^2 = 8^2
16 + x^2 = 64
y^2 = 48
Triangle to the left:
x^2 + 6^2 = 48
x^2 + 36 = 48
x^2 = 12
x = sqrt(12)
x = 3.5
Answer:
P(X > 5) = 0.1164 to 4 d.p.
The parameters are defined in the explanation.
Step-by-step explanation:
This is a binomial distribution problem
Binomial distribution function is represented by
P(X = x) = ⁿCₓ pˣ qⁿ⁻ˣ
n = total number of sample spaces = number of potential hires = 10
x = Number of successes required = number of potential hires that have prior call centre experience = more than half; that is, x > 5
p = probability of success = probability that any potential hire will have experience = (11/30) = 0.367
q = probability of failure = probability that any potential hire will NOT have experience = 1 - p = 1 - 0.367 = 0.633
P(X > 5) = P(X=6) + P(X=7) + P(X=8) + P(X=9) + P(X=10)
Inserting the parameters and computing the probabilities for each of those values of X,
P(X > 5) = 0.11641775484 = 0.1164 to 4 d.p.
Hope this Helps!!!
Answer:
Step-by-step explanation:
The terms are the addends in the sum:
x, y, z
