Answer:
Deal
Explanation:
Amount of cash left in the 5 Suitcase = $1 , $30000, $100000, $300000, $750000
The probability of selecting each bad is equal and it is 1/5
Thus, the expected value of prize = 0.2(1+30000+100000+300000+750000)
= 0.2 * 1180001
= $236,000.2
0
Since the bank is offering amount of $250,000 which is greater than the expected value, then it is considered as a deal.
Answer:
The inventory forecast for next year is $ 120.4.
Explanation:
In this question relationship between sales and inventory is expressed in the form of an equation. This problem requires us to tell the value of inventory if sales is $ 400. So we can simply calculate the inventory value by putting value of x= 400 in the equaltion given in the question.
Inventories = $26.8 + 0.234 x
Inventories = $26.8 + 0.234 ($400)
Inventories = $ 120.4
(<em>Assume sales increase is due to increase in quantity sold not price</em>)
Four children possibly around the same age , they are pulling on the toy most likely with the same amount of strength this will act as no force.
Example : If you and I were playing " tug-a-war " and we both pull on opposite sides with the same amount of force no one would move, the rope would be still, because the same force is on both sides of it.
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I really hope that i helped you out a lot :) have a nice day.
Compounding interest is interest on top of interest.
For example, say you put 100 bucks in the bank.
You get 10% interest compounded daily on that 100 bucks.
That means that you get 10% interest not only on those 100 bucks, but all the money you make after.
So your interest would go from 10% on 100 bucks, to 10% on 110 bucks and so forth.
I hope this helps and please press that ❤ under my reply, it really helps!
Answer:
cumulative quantity discounts
Explanation:
Many customer’s purchase items and commodities at the end of the seasons because at year-end, the sellers, manufacturers and dealers offer various discounts to clear the inventory. Likewise, customers of savvy often buy commodities at the end of a quarter or a season to earn cumulative quantity discounts; it is a discount that is given to consumers who buy a specific amount of quality.
