Answer:
Step-by-step explanation:
Answer:
B
Step-by-step explanation:
Step-by-step explanation:
The expected value is the sum of each outcome times its probability.
E = (0.70)(50000) + (0.05)(0) + (0.25)(-3500)
E = 34125
The store is expected to gain $34,125.
Answer:
$986.84
Step-by-step explanation:
exchange rate is the rate at which one currency is exchanged for another currency
Amount of dollars bought = amount of RS / selling rate
75,000 / 76 = $986.84