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igor_vitrenko [27]
3 years ago
15

Answer the rest of question 3 plz and thx

Mathematics
1 answer:
AnnZ [28]3 years ago
6 0
3.50 * X + 2.00  x represents the number of  books

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When calculating the effective rate of a loan, which statement or statements must be true if n is equal to 1?
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Answer:

Choice A is correct

Step-by-step explanation:

When calculating the effective rate of interest of a loan, the nominal rate of interest will be equal to the effective rate and the interest is compounded annually in the event that n is equal to 1.

If the duration of the loan, n, is 1 then the nominal rate and the effective rate will always be equal. Moreover, the interest rate charged on the loan is usually stated as an Annual Percentage Rate (APR) of charge compounded annually

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The answer in a subtraction problem is called the difference.

Step-by-step explanation:

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Step-by-step explanation:

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3 years ago
A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on three numbers pays 11 to 1 (that is, if you bet $1 and one of
OLga [1]

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You are expected to lose $0.05 (or win -$0.05)

Step-by-step explanation:

Since the roulette wheel has the numbers 1 through 36, 0, and 00, there are 38 possible outcomes.

In this bet, you are allowed to pick 3 out of the 38 numbers. Thus, your chances of winning (P(W)) and losing (P(L)) are:

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The expected value of the bet is given by the sum of the product of each outcome pay by its probability. Winning the bet means winning $11 while losing the bet means losing $1. The expected value is:

EV = (11*\frac{3}{38}) -(1*\frac{35}{38})\\EV = -\$0.0525

Therefore, with a $1 bet, you are expected to lose roughly $0.05

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3 years ago
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