Initial payment = 60% of $120 = 0.6 x 120 = $72
Total monthly payments = $10 x 6 = $60
Toatal amount paid altogether = $72 + $60 = $132
Common ratio (r) can be found by dividing the second term by the first term.
0.02 / -0.1 = -0.2
an = a1 * r ^ (n - 1)
a1 = first term = -0.1
r = common ratio = -0.2
an = -0.1(-0.2)^(n - 1)...answer is C
18,430! I hope this helps you out!
Answer:
The unit rate in minutes per miles be 8.02 minutes per miles .
Step-by-step explanation:
Step 1. 26.2 miles/ 210 mins = x miles / 1min
1 * 26.2 / 210 = .12 miles / min
Step 2. 26.2. 0.13
÷210.
210. 1
(The amount miles ran in 1 minute is 0.13 miles.)
Step 3. 26.2/210= .125 miles per minute
210/26.2= 8.02 minutes per mile
Step 4. 1) Cross multiply. (26.2 = 210x)
2) Divide 210 from each side. (26.2/210 = .1247619048 , 210x/210 = x)
3) Round to the nearest 100th. (.12)
4) X=.12
5) .12 miles ran per minute
Answer:
The carnival is losing (on average) $0.15 on each play
Step-by-step explanation:
To find out how much the carnival wins or looses in each play one subtract the expected value (EV) from each play from the amount charged by the carnival for each play ($0.55). If the expected value is higher than what the carnival charges, the carnival is losing money.
Expected is the sum of the payouts of each bet multiplied by its likelihood:

Since the expected value is higher than $0.55, the carnival is losing money, on average, on each play:

The carnival is losing (on average) $0.15 on each play