Answer:
$21.17
Step-by-step explanation:
Simple Interest=P(1+r)^t
Compounded Interest=P(e^rt)
SI=668*(1.0925)^5
SI=1039.64
CI=668(e^(0.0925*5))
CI=1060.81
1060.81-1039.64=21.17
So the difference is $21.17, thus doing compounded interest is better.
the rate for 5 cans for $3.70 is 0.74
the rate for 10 cans for $4.10 is 0.41
so the better buy is 10 cans for $4.10 at sams
Answer:
The expected loss is $275 million.
Step-by-step explanation:
Expected loss can be determined as the sum of the product of each possible loss by the its probability of occurence. In this situation, there are only two possible losses listed since the probability of no loss doesn't add any value to the expected loss and should be disregarded.
Expected loss (in millions) = EL

The expected loss is $275 million.
Answer:
Question 1: 15 cups
20% (pineapple juice) = 3 cups, 100/20=5, 5*3 = 15 cups
Question 2: 20 cups
25% (orange juice) + 5% = 30%
30% (orange juice) = 6 cups, 30/6=5%, 100/5=20
I can't explain the whole thing very clearly, but hope it helped