Part A:
Given that <span>a dinette table with a cash price of $200 is purchased at $8.50 down and $11.00 per month for 24 months
The total installment price is given by
Part B:
The carrying charges is given by the total installation price minus the cash price.
From part a, we obtained that the total installation price is $272.50 and given that the cash price is $200.
Therefore, the carrying charges is given by
$272.50 - $200.00 = $72.00
Part C:
If the money is to be saved at $11 per month to be able to purchase the table at the cash price, the number of months it will take to be able to save $200 at $11 per month is given by
Therefore, it will take 19 months </span><span>to save the money at the monthly rate needed to buy the item for its cash price.</span>
Answer:
Let us first jot down all the data given in the question;
Number of low quality computers (LQ) = 72
Number of medium quality computers (MQ) = 112
Number of high quality computers (HQ) = 711
∴ Total number of computers found in a random sample = 72 + 112 + 711 = 895.
∴ To find the probability of purchase for each category of computers, we use the following formula;
So,
P(LQ) = 72/895 = 0.08
P(MQ) = 112/895 = 0.125
P(HQ) = 711/895 = 0.794
Ans) Probability of purchase of a low quality computer, a medium quality computer, and a high quality computer are 0.08, 0.125, and 0.794 respectively
A similar answer can be found here:-
https://www.brainly.com/question/7297949
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5 .16/81
6. 1/16
hope this helps
Step-by-step explanation: