Answer:
The student added the discount instead of subtracting the discount.
They also did not calculate the tax correctly.
Step-by-step explanation:
Original price is 499
Discount = original price * percent off
Discount = 499 * .18
=89.82
The sale price = original price minus the discount
sale price = 499-89.82
sale price = 409.18
Sales tax = sale price * tax rate
= 409.18 * 8.875%
=409.18*.08875
=36.314725
Rounding to the nearest cent
36.31
Final cost = sale price + sales tax
=409.18+36.31
445.49
The student added the discount instead of subtracting the discount.
They also did not calculate the tax correctly.
Answer:
Step-by-step explanation:
An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20.
a) Let X represent the price of the option
<h3><u> x P(X=x)
</u></h3>
$1000 20/100 = 0.2
$200 50/100 = 0.5
$0 30/100 = 0.3
b) Expected option price

Therefore expected gain = $300 - $150 = $150
c) The trader should buy the stock. Since there is an positive expected gain($150) in trading that stock option.
The correct answer is C (7, 9)
Firstly we know that each point is 6 away from the other in terms of x and in terms of y. Now we also know that for every 6, we will be one away from point B and five away from point A. We know this because the ratio is AB 5:1, meaning that the 5 is on the A side (they both come first).
So, we can just add 5 to each of the A value numbers to get point P.
A = (2, 4)
P = (2+5, 4+5)
P = (7, 9)
In a set of data, if the data is perfectly symmetrical then the mean is equal to the median. In this case, the median would be 50.
For example, consider the data set: {25, 50, 75}
The mean is going to be 50 because
= 50
The median is also 50 because that is the middle number when ordered numerically.
Hope this helped! Let me know if you have any more questions.
Answer:
12.56
Step-by-step explanation:
Remark
Since we don't have anything other than the question, all I can do is answer the question. You are left with the task of figuring out the error.
Formula
Area = (central angle divided by 360 ) * pi r^2
Solution
Area = (40 /360) * 3.14 * 6^2
Area = 1/9 * 3.14 * 36
Area = 4 * 3.14
Area = 12.56