Answer:
monthly payment = $56.445
Step-by-step explanation:
given data
loan = $5000
interest rate r = 5.3 % = 0.053
time t = 2 year = 24 months
solution
we will use here amount of the monthly payments formula that is
monthly payment = principal ×
................1
put here value and we get
monthly payment = 5000 × 
monthly payment = $56.445
This is question of probability finding using bayes theorem
It is used to calculate probability of two competing statements
now p(m) = .55
p(~m)= .45
now for basketball for male
p(b|m)=.30
and for female
p(b|~m)=.20
so by bayes theorem
p(m|b)=p(b|m)*p(m)/(p(b|m)*p(m)+p(b|~m)*p(~m))
so answer is E
(.55)(.30) / (.55)(.30) + (.45)(.20)
Answer:
$755.80
Step-by-step explanation:
Determine the compound amount first and then subtract the principal from it, to find the amount of interest.
The compound amount formula is A = P (1 + r/n)^(nt), where
P is the initial principal, r is the interest rate as a decimal fraction, n is the number of compounding periods per year, and t is the number of years. Here, P = $2179; t = 5 yrs; r = 0.06; and n = 4 (quarterly compounding).
We get:
A = $2179(1 + 0.06/4)^(4*5), or $2179(1.015)^20, or $2179(1.347) = $2937.80.
The compound amount is $2934.80. Subtracting the $2179 principal results in the interest earned: $755.80.