Acasa's expected value loss be per customer who chooses plan A
Assumption
Fill customers choose plan A
The average payout is the same for plans A & B
Expected value = net payment in -Net payment out
⇒ 1000% × 700$ - 5% ×[27000$ - 3000$]
⇒ 700$ - 1200$
⇒ -500$
What are a profit and loss?
A profit and loss statement is a record of revenue and expenses incurred by a business in a given period of time. A profit and loss statement is also called a P&L, an income statement, a statement of profit and loss, and income and expense statement, or a statement of financial results.
Learn more about profit and loss
here: brainly.com/question/19104371
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I think the answer is false but I’m not for sure
Assuming you meant #13,
conditional: if you are a Clemson fan, then you root for the Tigers. T
converse: if you root for the Tigers, then you are a Clemson fan. F: not a Clemson fan and root for the Tigers as well
inverse: if you aren't a Clemson fan, then you don't root for the Tigers. F: if you aren't a Clemson fan and root for the Tigers.
contrapositive: if you don't root for the Tigers, then you aren't a Clemson fan. T
conditional: if a then b
converse: if b then a
inverse if not a then not b
contrapositive: if not b then not a
Hope this helps
If y/x does not always equal the same
Answer:
Step-by-step explanation:
The answer depends on whether the interest is simple or compound.
For simple interest:
A = 670(1 + 0.08)(24)
For compound interest
A = 670(1 + 0.08)24