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MatroZZZ [7]
3 years ago
8

A real estate agent spends $1,500 on advertising for three months to sell an average house. If the house sells in three months,

the agent earns $9,000. Otherwise, he loses the listing and earns nothing. If there is a 40% chance that the house will sell in three months, what is the expected revenue for the real estate agent?
$2,000
$2,100
$3,200
$3,600
Mathematics
2 answers:
melomori [17]3 years ago
7 0

Answer:

B edge

Step-by-step explanation:

yKpoI14uk [10]3 years ago
3 0

Ok so if the agent spend 1,500$ on advertising then thats -1,500 for his wallet eg.

WALLET:

-1,500$

Now if the house sells in 3 months that's 9,000 in wallet but since there is only a 40% chance then we need to work out 40% of 9000 we can do that by doing 9000 x 0.40 which = 3,600 so 3,600 in wallet on average

-1,500

+3,600

now if we combine these we get 2,100 so the answer is on average 2,100

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Korvikt [17]

Answer:

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Step-by-step explanation:

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7 0
2 years ago
Read 2 more answers
Aunt Maggie’s car broke down on iterestate 10. Sams towing charges a $57 hoop up fee and $2.00 per mile towed. Reginas towing ch
lawyer [7]

Answer:

Both situations can be modeled using linear functions

The rate of change of the function that models Regina's towing charge is 2.5

The y-intercept of the functions that model both situations represents the hook up fee

Step-by-step explanation:

Let

x -----> the number of miles towed

y ----> the total charge in dollars

we know that

The linear equation in slope intercept form is equal to

where

m is the slope or unit rate of the linear equation

b is the y-intercept or initial value (value of y when the value of x is equal to zero)

we have

Sam’s Towing

In this case the slope of the linear equation is equal to the unit rate

The unit rate is $2.00 per mile towed

so

The y-intercept is equal to the charge per fee

so

therefore

the linear equation is

Regina’s Towing

In this case the slope of the linear equation is equal to the unit rate

The unit rate is $2.50 per mile towed

so

The y-intercept is equal to the charge per fee

so

therefore

the linear equation is

Verify each statement

case 1) Both situations can be modeled using linear functions

The statement is true

See the explanation

case 2) The y-intercept of the function that models Sam's Towing charges is 2

The statement is False

The y-intercept of the function that models Sam's Towing charges is $57

case 3) The rate of change of the function that models Regina's towing charge is 2.5

The statement is true

See the explanation

case 4) The y-intercept of the functions that model both situations represents the hook up fee

The statement is true

See the explanation

case 5) The rate of change of the functions that model both situations represent the miles traveled per hour

The statement is False

The rate of change of the functions that model both situations represent dollars by mile towed

8 0
3 years ago
Me pueden ayudar con está pregunta
lisov135 [29]

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8 0
3 years ago
A particular model of walkie-talkie can broadcast in a circular area. The radius of the broadcast area is 7,000 feet. Find the a
o-na [289]

Answer:

153938040.0259 ft2

Step-by-step explanation:

R= Square root of A/π

   

7 0
3 years ago
Read 2 more answers
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love history [14]

Answer:

30 and 40

Step-by-step explanation:

30 and 40

5 0
2 years ago
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