Answer:
13.75
Step-by-step explanation:
The expected value of the hourly wage is the sum of the probabilities (percentage of time spent on each job) multiplied by the payoff (money earned) from each possible occurrence (job):
(0.6 × 11) + (0.25 × 19) + (0.15 × 16) = $13.75.
If Mike is willing to pay no more than an effective rate of 8.000% annually, the loans that meet his criteria are loan X and loan Z. Of those two, the lowest would be loan X. I hope the answer will help you :)
Answer:
it is the last option right isosceles
The answer is B; at least, I am pretty sure that's the answer.
Answer:
2 is your answer. hope helpful answer
