The correct answer is 24 month loan with a 10% annual simple interest rate
Using a discrete probability distribution, it is found that there is a 0.15 = 15% probability that it will take more than 9 minutes for all the customers currently in line to check out.
<h3>What is the discrete probability distribution?</h3>
Researching the problem on the internet, it is found that the distribution for the number of customers in line at the store is given by:
Hence, since each customer takes 3 minutes to check out, the probability that it will take more than 9 minutes for all the customers currently in line to check out is the probability that there are more than 3 customers, hence:
P(X > 3) = P(X = 4) + P(X = 5) = 0.10 + 0.05 = 0.15.
0.15 = 15% probability that it will take more than 9 minutes for all the customers currently in line to check out.
More can be learned about a discrete probability distribution at brainly.com/question/24855677
Calculate the derivative of each function
And btw answer is p(x)
Answer:136 months
Step-by-step explanation: