1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igor_vitrenko [27]
2 years ago
12

Consider the following two loans for P=$12,000.

Mathematics
1 answer:
n200080 [17]2 years ago
4 0

Answer:

Simple interest-?

Step-by-step explanation:

P= 12000

T=5yrs

R=5%

Now,

Simple interest - PTR/100

= 12000*5*5/100

= $3000

Again,

P=12000

T=3yrs

R=8%

Now,

Simple interest - PTR/100

= 12000*3*8/100

= $2880

Hope this helps.

You might be interested in
Accuracy in taking orders at a drive-through window is important for fast-food chains. Periodically, QSR Magazine publishes "The
pav-90 [236]

Answer:

a) 0.7412 = 74.12% probability that all the three orders will be filled correctly.

b) 0.0009 = 0.09% probability that none of the three will be filled correctly

c) 0.0245 = 2.45% probability that at least one of the three will be filled correctly.

d) 0.9991 = 99.91% probability that at least one of the three will be filled correctly

e) 0.0082 = 0.82% probability that only your order will be filled correctly

Step-by-step explanation:

For each order, there are only two possible outcomes. Either it is filled correctly, or it is not. Orders are independent. This means that we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

The percentage of orders filled correctly at Burger King was approximately 90.5%.

This means that p = 0.905

You and 2 friends:

So 3 people in total, which means that n = 3

a. What is the probability that all the three orders will be filled correctly?

This is P(X = 3).

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 3) = C_{3,3}.(0.905)^{3}.(0.095)^{0} = 0.7412

0.7412 = 74.12% probability that all the three orders will be filled correctly.

b. What is the probability that none of the three will be filled correctly?

This is P(X = 0).

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 0) = C_{3,0}.(0.905)^{0}.(0.095)^{3} = 0.0009

0.0009 = 0.09% probability that none of the three will be filled correctly.

c. What is the probability that one of the three will be filled correctly?

This is P(X = 1).

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 1) = C_{3,1}.(0.905)^{1}.(0.095)^{2} = 0.0245

0.0245 = 2.45% probability that at least one of the three will be filled correctly.

d. What is the probability that at least one of the three will be filled correctly?

This is

P(X \geq 1) = 1 - P(X = 0)

With what we found in b:

P(X \geq 1) = 1 - P(X = 0) = 1 - 0.0009 = 0.9991

0.9991 = 99.91% probability that at least one of the three will be filled correctly.

e. What is the probability that only your order will be filled correctly?

Yours correctly with 90.5% probability, the other 2 wrong, each with 9.5% probability. So

p = 0.905*0.095*0.095 = 0.0082

0.0082 = 0.82% probability that only your order will be filled correctly

7 0
2 years ago
Match the following items.
Margarita [4]

1. Commutative property of adfition

2. Multiplicative inverse

3. Associative property of addition

4. Distributive property

5. Additive identity

8 0
3 years ago
Read 2 more answers
Matt charges 3$ for every 15$of walking . how much will matt charge for one hour
IRINA_888 [86]
5 dollars per hour
because 15 divided by 3 is 5.
8 0
2 years ago
Read 2 more answers
If f(x) = 2x-1 and g(x) = x^2-3x-2, find (f+g)(x)
alina1380 [7]
All this means is (f(x)) + (g(x))

2x-1+ x^2-3x-2= 

=== x^2 - x -3

4 0
2 years ago
Read 2 more answers
When you are determining The probability of an event why must the probability be between 0 and 1
slega [8]

The probability of an event cannot be less than 0 because 0 means it's impossible. The probability of an event cannot be more than 1 because 1 means that it's certain that it will happen. That's why the probability must be between 0 and 1.

7 0
3 years ago
Other questions:
  • Question 2 : which characteristic distinguishes ieee 1394 from usb 2.0
    15·1 answer
  • What is the perimeter of a polygon with vertices at (−2, 1) , ​ (−2, 4) ​, (2, 7) , ​ (6, 4) ​, and (6, 1) ​?
    6·2 answers
  • A watering can contained 512 quarts water. After all the plants were watered, only 4 cups remained. How many cups of water were
    10·2 answers
  • A scientist has discovered an organism that produces five offspring exactly one hour after its own birth, and then goes on to li
    10·2 answers
  • Which type of graph would be best for showing the average yearly bonus amounts for employees in different departments of an IT c
    11·1 answer
  • -5x+y=-4 in function form
    8·1 answer
  • The price of a computer is reduced by 17.5%. The reduced price is £264 by how much is the price reduced
    11·2 answers
  • Alaya will paint the outside of a box with three different colors. Decide how she could paint the box. What is the total area th
    9·1 answer
  • A teapot is
    8·1 answer
  • How do you find the missing measurement of a parallelogram?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!