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ELEN [110]
2 years ago
10

Joe borrowed $6,000 from the bank at a rate of 7% simple interest in per year. how much interest did he pay in 9 years?

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

Answer: Joe will have to pay $3780 in interest.

Step-by-step explanation:

I=PRT

I=6000x0.07x9

I=3780

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E and F are two events and that P(E)=0.3 and P(F|E)=0.5. Thus, P(E and F)=0.15


Bayes' theorem is transforming preceding probabilities into succeeding probabilities. It is based on the principle of conditional probability. Conditional probability is the possibility that an event will occur because it is dependent on another event.

P(F|E)=P(E and F)÷P(E)

It is given that P(E)=0.3,P(F|E)=0.5

Using Bayes' formula,

P(F|E)=P(E and F)÷P(E)

Rearranging the formula,

⇒P(E and F)=P(F|E)×P(E)

Substituting the given values in the formula, we get

⇒P(E and F)=0.5×0.3

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∴The correct answer is 0.15.

If, E and F are two events and that P(E)=0.3 and P(F|E)=0.5. Thus, P(E and F)=0.15.

Learn more about Bayes' theorem on

brainly.com/question/17010130

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