Answer:
$468.09
Step-by-step explanation:
first we must calculate the expected future value of the engine overhaul:
($390 x 10%) + ($570 x 30%) + ($750 x 50%) + ($790 x 10%) = $39 + $171 + $375 + $79 = $664
now we must determine the present value of $664 using a 6% interest rate:
PV = FV / (1 + r)⁶ = $664 / 1.06⁶ = $468.09
Answer:
I thınk the ıntıal value ıs $20 and the rate of change ıs $5
Step-by-step explanation:
6.
a. P(2 or 4) is the probability of rolling either a 2 or a 4 on the die.
P(2 or 4) is equal to P(rolling a 2) + P(rolling a 4)
1/6 + 1/6 = 2/6 = 1/3
b. P(greater than 2) is equal to P(3) + P(4) + P(5) + P(6)
1/6 + 1/6 + 1/6 + 1/6 = 4/6 = 2/3
7. The probability of getting a head is 1/2. If you toss the coin two times, there are four different possibilities. HH, TT, HT, or TH. The answer would be 1/4, you get that by multiplying 1/2 by 1/2 again.
Well I believe this could work,
$4.75x + $3.50x = $18
