Answer:
Amount of interest pay per year = $97.5 (Approx.)
Step-by-step explanation:
Given:
Amount borrow for college expenses = $3,897
Rate of interest = 2.5%
Find:
Amount of interest pay per year
Computation:
Using Simple interest formula;
Simple interest = Amount borrow x Rate of interest x number of year
Amount of interest pay per year = 3,897 x 2.5% x 1
Amount of interest pay per year = 3,897 x 0.025
Amount of interest pay per year = 97.425
Amount of interest pay per year = $97.5 (Approx.)
Answer:
a) It can be used because np and n(1-p) are both greater than 5.
Step-by-step explanation:
Binomial distribution and approximation to the normal:
The binomial distribution has two parameters:
n, which is the number of trials.
p, which is the probability of a success on a single trial.
If np and n(1-p) are both greater than 5, the normal approximation to the binomial can appropriately be used.
In this question:

So, lets verify the conditions:
np = 201*0.45 = 90.45 > 5
n(1-p) = 201*(1-0.45) = 201*0.55 = 110.55 > 5
Since both np and n(1-p) are greater than 5, the approximation can be used.
Step-by-step explanation:
or, x + 5 + 2 = 5
or, x + 7 = 5
or, x = 5 - 7
or, x= -2
Answer:
the answer is 84
Step-by-step explanation:
7 times 12 equals 84
Answer:
x= 0.6
Step-by-step explanation: