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3 years ago

14

If the extended warranty on a car costs $200 and average repair bill is $1000, then what is the probability of a breakdown if th

e company offering the warranty expects to break even?

1 answer:

ki77a [65]3 years ago

7 0

Answer:

The answer is 5%

Step-by-step explanation:

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aksik [14]

here

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t= 3 yrs

now

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= 15000(1-15/100)^3

=9211.875

=9212 or 9211.88

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Tpy6a [65]

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Brrunno [24]

Answer:

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2 years ago

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A bakery offers a sale price of 3.50 for 4 muffins.What is the price per dozen

hammer [34]

1
3.50
3.50
+3.50
______
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