Answer: R12.20
Step-by-step explanation:
VAT in South Africa is 15% so if the flat rate is R93.57, the VAT amount can be found by finding the pre-tax flat rate:
93.57 = x + 0.15x
1.15x = 93.57
x = 93.57/1.15
x = R81.37
VAT is 15% of R81.37:
= 15% * 81.37
= R12.20
The correct answer is option D.
F(G(x)) denotes the composition of the two functions F(x) and G(x). The composition of two functions result in x, if the two functions are inverses of each other. So in this case F(x) and G(x) will be the inverse of each other. So option D is the correct answer.
b. Suppose you have $10, and are going to play until you go broke or have $30. What is your best strategy for playing? Explain using information you learned in this module's material, such as expected value
