Andrew is planning a tailgate party before the big football game. He has budgeted a maximum of $60 for hamburgers and hot dogs.
2 answers:
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Answer:
She will pay $7,500 interest over the 5 years
She will have to pay back $17,500 in total
Step-by-step explanation:
Let us revise the rule of the simple interest
<em>I</em> = <em>Prt</em> and <em>A</em> = <em>P</em>(1 +<em> rt</em>) , where:
- A = Total Accrued Amount (principal + interest)
- P = Principal Amount
- I = Interest Amount
- r = Rate of Interest per year in decimal
- t = Time Period involved in months or years
∵ Leah borrows £10,000 over 5 years at a simple interest rate of 15%.
∴ P = 10,000
∴ t = 5
∴ r = 15% = = 0.15
→ Substitute them in the first rule to find the interest
∵ I = 10,000(0.15)(5)
∴ I = 7,500
∴ She will pay $7,500 interest over the 5 years
→ Let us find A
∵ A = 10,000(1 + 0.15×5)
∴ A = 17,500
∴ She will have to pay back $17,500 in total
Answer:
Step-by-step explanation:
We are given that 30% of California residents have adequate earthquake supplies.
a) Ramon variable X denotes the number of the california residents that have adequate earthquake insurance
B) x can take value 1 ,2 ,3 ......
C)The distribution of random variable is geometric distribution with parameter p=0.3
The pmf of geometric distribution is
D)P(X=1) or P(X=2)=P(X=1)+P(X=2)
P(X=1) or P(X=2)=
E)
F)
p is the resident who does not have adequate earthquake supplies.
p = 1-0.3 = 0.7
G)