Step-by-step explanation:
The above given statements can be written as decimals by first writing both quantities in a statement in the same unit.
1. $6.00 to 95 cents:
This is same as $6.00 : 95 cents = \frac{6.00}{95}956.00
Convert $6 .00 to cents to make both quantities be in the same unit.
$1 = 100 cents
$6.00 = 6*100 = 600 cents
\frac{600}{95} = 6.3295600=6.32 (to 2 d.p)
2. 3 hours to 35 minutes:
Convert 3 hours to 35 mins
1 hr = 60 mins
3 hrs = 3*60 = 180 mins
180mins : 35 mins = \frac{180}{35} = 5.14180mins:35mins=35180=5.14 (2 d.p)
3. 42 inches to 2 feet:
Convert 2 ft to inches
1 ft = 12 inches
2ft = 2*12 = 24 inches
42 in:24 in = \frac{42}{24} = 1.7542in:24in=2442=1.75
Answer:
Step-by-step explanation:
<u>Given</u>
- Monthly payment P = $300
- Time t = 3 years = 36 months
- Number of payments n = 36
- Interest rate r = 12% PA = 1% per month = 0.01 times
<u>Use loan payment formula:</u>
- P = r(PV) / (1 - (1 + r)⁻ⁿ),
- where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments
<u>Substitute values and solve for PV:</u>
- 300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)
- PV = 300*(1 - 1.01⁻³⁶ )/ 0.01
- PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)
The probability of at least 6 failures in 7 trials of a binomial experiment in which the probability of success in any one trial is 9% will be <u>0.000343311 %</u>
<h3>What is the probability?</h3>
Probability is synonymous with possibility. It is concerned with the occurrence of a random event.
Probability can only have a value between 0 and 1. Its simple notion is that something is very likely to occur. It is the proportion of favorable events to the total number of events.
No of failure,n = 7
No of trials,x≥6
A binomial probability is represented as;
Substitute the given data;
Hence,the probability of at least 6 failures in 7 trials of a binomial experiment in which the probability of success in any one trial is 9% will be <u>0.000343311 %</u>
To learn more about probability, refer to the link: brainly.com/question/795909.
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