6,00 because you have to add them up then divide the the last nimber and you should get 6,000
I = PRT
T = 6
P = 850
I = 1.9% = 0.019
I = (850)(0.019)(6) = 96.90 <==
Answer:
?
Step-by-step explanation:
Answer:
-$2.32
Step-by-step explanation:
Give that
The selling price per ticket is $9
And the number of tickets sold is 500
So,
There is one grand prize, three $300 second prize, and eleven $40 third prizes
We need to find out the expected value of the profit

= 4 + 1.8 + 0.88
= 6.68
Now the expected profit is
= $6.68 - $9
= -$2.32