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
Add $9.40 two times what ever you get multiply that 15 and there’s your answer
Answer:
y = 22.5x
worked 28 hours
Step-by-step explanation:
First find out what they make in 1 hour (rather than 40)
you can do this by 900 / 40 which gives you 22.5
this means for every hour worked, they get $22.50
so you can make the equation of y = 22.5x
try finding the hours worked by division
630/ 22.5 = 28
plug 28 into your equation to check
y = 22.5 ( 28 )
y = $630
hope this helps
Step-by-step explanation:
11/8 if I'm not wrong
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