Answer:
Step-by-step explanation:
x = last month
y = this month
y = 2x + 7
y = 43
43 = 2x + 7
43 - 7 = 2x
36 = 2x
36/2 = x
18 = x <== he sold 18 gym memberships last month
The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million
What do u want to know?
A x 50% = $ 120
B x 120% = $ 90
As you can see in this diagram, the answer is A, the ten-thousands place.
