Answer:
LESS the seventeen
Step-by-step explanation:
Answer:
It's answer is 1/3 .
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Answer:
3. $600,000
Step-by-step explanation:
We have been given that a tenant rented a store to use as a real estate school at a base rent of $1,500 a month. Additionally, the tenant agreed to pay 3% of gross annual sales over $200,000.
Let us find base annual rent.

Let us find the amount of rent paid as 3% of gross annual sales.

Let us find amount of sales over $200,000 by dividing $12000 by 3% or 0.03.

Total sales would be $400,000 plus $200,000.

Therefore, the total sales for that year was $600,000 and 3rd option is the correct choice.
Answer: 13300
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Work Shown:
A = event that it rains
B = event that it does not rain
P(A) = 0.30
P(B) = 1-P(A) = 1-0.30 = 0.70
Multiply the attendance figures with their corresponding probabilities
- if it rains, then 7000*P(A) = 7000*0.30 = 2100
- if it doesn't rain, then 16000*P(B) = 16000*0.70 = 11200
Add up the results: 2100+11200 = 13300
This is the expected value. This is basically the average based on the probabilities. The average is more tilted toward the higher end of the spectrum (closer to 16000 than it is to 7000) because there is a higher chance that it does not rain.