WHAT DOES THIS MEAN? I’m confused
She puts 8% of her salary in, so multiply her pay by 8% to get her yearly amount she saves:
45000 x 0.08 = $3,600 per year.
The company puts 6% of that in the account:
3600 x 0.06 = $216
So per year 3600 + 216 = $3,816 is saved.
3,816 x 2 = $7,632 is the 2 year total.
The answer is A.
Answer:
Loss of $1.20
Step-by-step explanation:
The possible outcomes for this lottery and their probabilities are:
- a 1 in 100 chance of winning $450
- a 2 in 100 chance of winning $120
- a 4 in 100 chance of winning $30
- a 93 in 100 chance of losing $10
Therefore, the expected value of this lottery when buying one ticket is:

Therefore, you are expected to lose $1.2 per ticket.
I would tell her that her prediction is inaccurate because it isn’t guaranteed that the coin will land on both sides an equal amount of times. It’s possible that the coin could land heads up more often than it could land tails up or the other way around.
Answer:
4y
Step-by-step explanation: