Answer:
100
Step-by-step explanation:
6 . 10^4 = 6 . 10000 = 60000
6 . 10^2 = 6 . 100 = 600
60000 ÷ 600 = 100
Answer:
B. An increase in i, the interest rate, will create an increase in P, the monthly payment.
Step-by-step explanation:
We have the formula for the monthly payment as,
,
where P = monthly payment, i = rate of interest, PV = present value and n = time period.
Now, as i increase we get that (1+i) increases and so
increases.
This gives us that,
decreases and so
decreases
Therefore,
increases.
So, we get that as i increases , the value of P will increase.
Hence, option B is correct.
The answer is greater than
Answer:
The probability of selecting two Democrats and two Republicans is 0.4242.
Step-by-step explanation:
The information provided is as follows:
- A city council consists of seven Democrats and five Republicans.
- A committee of four people is selected.
In mathematics, the procedure to select k items from n distinct items, without replacement, is known as combinations.
The formula to compute the combinations of k items from n is given by the formula:

Compute the number of ways to select four people as follows:

Compute the number of ways to selected two Democrats as follows:

Compute the number of ways to selected two Republicans as follows:

Then the probability of selecting two Democrats and two Republicans as follows:

Thus, the probability of selecting two Democrats and two Republicans is 0.4242.