We have the following given
p1 - probability for outcome 1
p2 - probability for outcome 2
p3 - probability for outcome 3
v1 - amount of money that you will win or lose for outcome 1
v2 - amount of money that you will win or lose for outcome 2
v3 - amount of money that you will win or lose for outcome 3
Therefore,
p1v1 + p2v2 + p3v3 is the average money you win or lose in playing the game.
Answer:
5
Step-by-step explanation:
The rings are five interlocking rings, coloured blue, yellow, black, green and red on a white field, known as the "Olympic rings". The symbol was originally created in 1913 by Coubertin.
Answer:
--- function
The monthly rate is 10%
Step-by-step explanation:
Given
Let

So, we have:
--- Monday
--- One month later
Required
The function
The function is represented as:
In
, we have:




In
, we have:


Substitute: 

Solve for b


So, the function is:


To calculate the monthly rate (r), we have:

Compare to: 

Make r the subject

Substitute 


Express as percentage

