Lets calculate the taxes that would been payed at each city:
city1 = 12000(7%) = 12000(0.07) = 840
city2 = <span>12000(8.5%) = 12000(0.085) = 1020
So if you go to city1 instead of city2, you save 1020 - 840 = 180
So you would save $180 from $12000, that is:
180 out of 12000
= 180/12000
= 0.015
and that is the 1.5%, that is what you could save</span>
To calculate expected value,
We can add up the probability of all possible events.
The 2 possible events are either winning $50 or losing the prize, which is $ - 50
Expected value =
50 x 40 % + (-50) x 60%
= $-10
So the answer is $-10
Answer:
T4 = -2°F
Step-by-step explanation:
Given the following data;
Current temperature = 10°F
Constant, K = 3°F
Time, t = 4 hours
In four (4) hours, we have;
T = kt
Substituting into the equation, we have;
T = 3 * 4
T = 12°F
T4 = current temp - new temp
T4 = 10°F - 12°F
T4 = -2°F
Therefore, the temperature it will be in 4 hours is - 2°F.
Answer: I did the test too
