Sub tract the 3m and you get 2n=8-3m then divide by 2 and you get n=8/2 - 3m/2 and that can be reduced to n= 4 - 3m/2
Answer:
44.80
Step-By-Step Explanation:
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The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million
Answer:
-15
Step-by-step explanation:
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