The table have the following results:
Hearts – 7
Diamonds – 4
Clubs – 8
Spades – 5
There is a total of 24
The question is asking for the probability of not
selecting a heart.
So we need to add the probabilities of the diamonds,
clubs, and spades since these suits are different from hearts.
So = 4 + 8 + 5 = 17
And we have a total of 24 cards
<span>Therefore the probability is 17/24. </span>
There are winnings of $50 ( 60% ), $100 ( 20% ) and $1,000 ( 2% ).
$50 * 0.6 = $30
$100 * 0.2 = $20
$1,000 * 0.02 = $20
$30 + $20 + $20 = $70
Answer: The expected payout per fan is $70.
I think it’s D because the definite can’t be a negative
There is no depreciation schedule provided along with your question.
Assuming that the question makes us of the <span>Modified Accelerated Cost Recovery System (MACRS), which provides that </span>the useful life for non-residential real property is 39 years. Depreciation is straight line using the mid-month convention.
The mid-month convention means that the month of acquisition is calculated as half month irrespective of the date of acquisition.
Given that <span>Richard purchased and placed in service an office building costing $753,000, including $134,000 for the land in August 2016, the depreciable part is only the building, hence the depreciable cost is given by:
$753,000 - $134,000 = $619,000
</span>
<span><span>The depreciation charge for each year of the estimated life of the building is given by:
$619,000 / 39 = $15,871.79
</span>The depreciable period in 2016 is 4.5 months (i.e. September, October, November and December with August treated as half month).
</span>Therefore, the <span>amount of depreciation Richard may claim in 2016 is</span> given by:
(4.5 / 12) x $15,871.79 = $5,951.92.
