Is that a trick question wouldn't it be 20??? I'm confused
Answer:
it would be the same length as AE
Step-by-step explanation:
$160 (if uncle, granny, aunt, gave $100 in total) $260 if they gave $100 each
45.5 is your answer, you will have to multiple the height times the base ( 5 x 9.1 )
The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million