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coldgirl [10]
3 years ago
14

a lottery offers one $1000 prize one $500 and two $50 prizes. one thousand tickets are sold at $2.50. what is the expectived pro

fit
Mathematics
1 answer:
TEA [102]3 years ago
6 0

Answer:

 $900

Step-by-step explanation:

To begin with let us estimate the total cash value of the prices

$1000 x 1= 1000

$500 x 1=  500

$50 x 2= 100

Total = $1600

Now let us calculate the total cost of tickets sold at $2.50 per tickets for 1000 tickets

2.5*1000= $2,500

Assuming worse case that the lottery had winners in all three categories and i.e the total prices given out is $1600

Then the expected profit is = $2,500-$1600= $900

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Answer:

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Step-by-step explanation:

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3 years ago
Y=-2x+2 Y=-2x-2 state the solution
Arisa [49]

Answer:

Step-by-step explanation:

Y=-2x+2.....(1)

Y=-2x-2.....(2)

Subtracting (1) from (2)

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3 years ago
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Mr. Winking is purchasing a car and needs to finance $24,000 from the bank with an annual percentage rate (APR)
babymother [125]

Answer:

<em>The monthly payment is $450.71</em>

Step-by-step explanation:

<u>Financial Computing </u>

Given the loan amount A, the loan term t, and the APR (annual percentage rate), the montly payment is computed as

\displaystyle P=\frac{A}{f}

where f is

\displaystyle f=\frac{1-(1+i)^{-n}}{i}

The provided data is

\displaystyle A=24,000

\displaystyle r=4.8\%

\displaystyle t=5\ years

Since the payments will be made monthly, the values of n and i are:

\displaystyle i=\frac{4.8}{100\times12}=0.004

\displaystyle n=5\times12=60\ months

Calculating f:

\displaystyle f=\frac{1-(1+i)^{-n}}{i}

\displaystyle f=\frac{1-(1+0.004)^{-60}}{0.004}

\displaystyle f=53.25

Now for the payments:

\displaystyle P=\frac{24.000}{53.25}=450.71

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5 0
3 years ago
Nadia is mountain climbing. She started at an altitude of 19.26 feet below sea level and then changed her altitude by climbing a
lesya692 [45]

Answer:

5,418.2 feet

Step-by-step explanation:

Nadia is carrying out mountain climbing.

She started climbing the mountain at an altitude of 19.26 feet below the sea level.

Nadia changed her altitude by climbing a total of 5,437.8 feet from her starting position.

Therefore, Nadia's altitude at the end of her climb can be calculated as follows

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3 0
3 years ago
Which proportion can be used to find the arc length, s, in units?
Alinara [238K]

Answer:

Option B

Step-by-step explanation:

Formula to be used to calculate the length of an arc,

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Here, θ = Angle subtended at the center by the arc

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By substituting values in the formula,

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\frac{s}{84 \pi }=\frac{150}{360}

Therefore, Option B will be the answer.

5 0
3 years ago
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