If jeremy puts $600 down and pays $35 per month for 12 months how much will the computer cost
1 answer:
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Answer:
Step-by-step explanation:
Answer:
the game must be played in groups of 13 draws, with a cost of $28 for the 13 draws.
Step-by-step explanation:
Probability of drawing any of the 13 balls is the same. So the expected value of play is the average of the values of each card.
The only losing card is the ace; the player loses $20 if that card is drawn.
Each of the 3 face cards wins $10; each of the remaining 9 cards wins $2.
So the average value of each draw is
= 28/13
Therefore, on average the player will win $ 28/13. to be a fair game the player must pay $28/13 for a game.
that is not possible, unless the game must be played in groups of 13 draws, with a cost of $28 for the 13 draws.