Buses leave city A and city B every 10 minutes during the morning, repeating the two journeys shown on your graph. On your graph
1 answer:
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Answer:
Loss of $1.20
Step-by-step explanation:
The possible outcomes for this lottery and their probabilities are:
- a 1 in 100 chance of winning $450
- a 2 in 100 chance of winning $120
- a 4 in 100 chance of winning $30
- a 93 in 100 chance of losing $10
Therefore, the expected value of this lottery when buying one ticket is:
Therefore, you are expected to lose $1.2 per ticket.
The answer is "<span>the number of times the account compounds interest</span>".
The general formula is the following:
wherein r is the interest rate compound each four months.
Since there is 3*4 months in a year, then each year we compute the interest Three time, there where the factor 3 comes.
The general formula is the following:
wherein r is the interest rate compound each four months.
Since there is 3*4 months in a year, then each year we compute the interest Three time, there where the factor 3 comes.