Answer: 0.30 or 30 cents per ounce
Step-by-step explanation:
Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:
Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by
Where r is monthly interest rate.
MP is the monthly payment.
Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
Answer:
Joey has 18 nickles and 27 dimes in his piggy bank.
Step-by-step explanation:
1 nickle = 5 cents
1 dime = 10 cents
$1 = 100 cents
$3.15 = 135 cents
Let
n represent the number of nickles, n>=0
d represent the number of dimes, d>=0
Joey counted a total of 45 coins that added up to $3.15:
n + d = 45
5n + 10d = 315
n = 18 nickles
d = 27 dimes
Answer:
C is the right answer
Step-by-step explanation:
In this case we have the events
<em>A: The subject is telling the truth.
</em>
<em>B: The the polygraph indicates that the subject is lying
</em>
Recall that P(B|A) is defined as the probability that the event B occurs given that the event has already occurred, and is equals to P(B∩A)/P(A).
So, with the events we have defined, <em>P(B|A) indicates the probability that the polygraph indicates lying given that the subject is actually telling the truth.
</em>
The most suitable answer is thus, C
In these equations, the value of y is 6/5 times the value of X
