Answer: 8.50 dollars
The result is positive, so this is a gain (instead of a loss)
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Explanation:
Focus on the "stock JKL" row only when it comes to the percentages we'll use. We need to convert them to decimal form
15% ---> 0.15
65% ---> 0.65
20% ---> 0.20
I just moved the decimal point over 2 spots, or you can divide by 100 (eg: 15% = 15/100 = 0.15)
Multiply each of these values by their corresponding loss or gain. Use negative numbers for losses
15% chance of losing $25 ---> 0.15*(-25) = -3.75
65% chance of winning $5 ---> 0.65*(5) = 3.25
20% chance of winning $45 ---> 0.20*(45) = 9
Now add up those results: -3.75+3.25+9 = 8.50
Answer:
10.6
Step-by-step explanation:
13+10.6= is 23.6
Hope this helps
Answer:
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Step-by-step explanation:
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Answer:
(1/2,0) is one solution
(-4/3,0) is the other solution.
Step-by-step explanation:
i hope this helps you it might not be right
