You earn $10.00/hour. You invest $4,000.00 at an interest rate of 5% APR for a year. How much interest did that savings earn in
1 answer:
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Answer:
Loss of $1.20
Step-by-step explanation:
The possible outcomes for this lottery and their probabilities are:
- a 1 in 100 chance of winning $450
- a 2 in 100 chance of winning $120
- a 4 in 100 chance of winning $30
- a 93 in 100 chance of losing $10
Therefore, the expected value of this lottery when buying one ticket is:
Therefore, you are expected to lose $1.2 per ticket.
Step-by-step explanation:
<u>Rule:</u>
When exponents multiply, they're adding.
<u>Multiply:</u>
Option A is correct.
Answer:
Addition Property of Equality.
Inverse property of multiplication.
Step-by-step explanation:
Given the equation:
First of all, let us use Addition Property of Equality.
According to the property, if we add a number on both sides of an equality, there is no change in the equality.
In other words, the equality will be same if we add the same number on Left Hand Side and Right Hand Side of the equality.
First of all, let us add 15 on both sides of the equality:
Now, let us Inverse property of multiplication.
i.e. Multiplication of a number with its inverse is equal to 1.
So, let us multiply the given equation with
The properties used are:
Addition Property of Equality.
Inverse property of multiplication.