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Umnica [9.8K]
3 years ago
12

The Powerball lottery is open to participants across several states. When entering the powerball lottery, a participant selects

five numbers from 1-59 and then selects a powerball number from the digits 1-35. In addition, there’s a $1 million payoff for anybody selecting the first five numbers correctly. • Show that the odds of winning the Powerball Jackpot are 1 in 175, 223, 510. • Show that the odds of winning the $1 million are 1 in 5, 153, 632. On February 18, 2006 the Jackpot reached $365 million. Assuming that you will either win the Jackpot or the $1 million prize, what’s your expected value of winning? Mega Millions is a similar lottery where you pick 5 balls out of 56 and a powerball from 46. Show that the odds of winning mega millions are higher than the Powerball lottery On March 30, 2012 the Jackpot reached $656 million. Is your expected value higher or lower than that calculated for the Powerball lottery?

Business
1 answer:
sweet-ann [11.9K]3 years ago
6 0

Answer:

Following is given the detailed solution to the question given.

I hope it will help you a lot!

Explanation:

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Unlike the overview module in Hootsuite Analytics, which offers one set of aggregated analytics data, __________ allows you to r
mart [117]

Answer:

The correct answer is a. the Reports feature.

Explanation:

Hootsuite is an easy-to-use web app for the average user, hence its success is not limited to Community Managers and similar specialists in the field.

Obviously, to greater control and use of the application, the ability to take full advantage of it is also greater, since it has numerous functions, especially if its use is focused from a professional point of view; for example, for the marketing or communication area of a company.

Beyond the basic functions that any of the networks that allows to integrate offer, Hootsuite is also very interesting from the professional point of view because it gives you personalized performance reports, the possibility of controlling the competition and also of helping you when it comes to Find your target with the most potential in the digital environment.

4 0
4 years ago
Chris bought a home for $225,000, putting down 20%. The mortgage is at 6 1/2% for 30 years. Determine his monthly payment
azamat

Since you are paying 20% up front, you are paying $45000 up front (.20*225000) which means you are borrowing

225000-45000 = $180,000.

 

Hopefully, you've learned the formula for figuring out the payment for an amortization problem. It is as follows:

 

A=P [(1+R/n)nt *R/n]  / [(1+R/n)nt -1] A is the amount for each payment, P is the principal, r is the rate, n is the number of payments per year and t is the time in years

 

So A = 180000 [(1+.065/12)12*30 * .065/12] / [(1+.065/12)360 -1]

   A  = 180000 [ .037872239/5.991797982]

   A  = 1137.72

 

So you will have 360 payments of 1137.72. So over the 30 years, you will pay 360 * 1137.72 = $409,579.20 and you only borrowed 180,000, which means when you subtract them, you'll have 229,579.20 in interest.

 

Hope this helped.



8 0
3 years ago
ما هي انشطة سلسلة التوريد​
Ann [662]

Answer:

Explanation:

أمم لا أعلم أن أكون صادقًا

5 0
3 years ago
The three main areas in the value chain where significant differences in the costs of competing firms can occur include
Marizza181 [45]

Answer and Explanation:

E)variable cost activities, fixed cost activities, and administrative activities.

5 0
3 years ago
Exercise 15-14 Presented below are two independent situations. 1. Flinthills Car Rental leased a car to Jayhawk Company for one
IrinaVladis [17]

Answer:

Part 1

Dr Lease rentals $300........ Expense

Cr     Cash Account $300

Part 2

Dr Leased Equipment $63,536

Cr Finance Lease Liability  $63,536

Explanation:

Part 1. Under the operating leases the lessee pays the monthly rentals which must be accounted for as an expense and the double entry is as under:

Dr Lease rentals $300........ Expense

Cr     Cash Account $300

Part 2. Under the finance lease agreement, the lessee pays the value of the asset and the interest as well. So after the date of agreement when the asset is handed over the journal entry would be recording of the equipment received, which would written at its fair value or present value of the payments made. The journal entry would be:

Dr Leased Equipment $63,536

Cr Finance Lease Liability  $63,536

8 0
4 years ago
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