Answer:
<h2>a. 1</h2>
Step-by-step explanation:

Answer:
A. 
B. $2,307.69
Step-by-step explanation:
You are given the formula

where V = investment earning simple interest
p = principal,
r = interest rate
t = time
So,
A. 
B. r = 0.06 (or 6% as percent)
V = $3,000
t =5
so,

35 = 70%
If you divide 35 by 7, you will find what 10% of your maximum bid is.
35/7 = 5
5 = 10%
Multiply your value of 10% by 10 to get 100%.
5*10 = 50
Your maximum bid would be $50. You actually spend $35. To find the amount more you were willing to pay, subtract the two values.
$50-$35 = $15
Answer: You were willing to pay 15 more dollars than you did.
I need help with this problem too
Expected value = -1(1/6) + 2(1/6) + 3(1/6) - 4(1/6) + 5(1/6) - 6(1/6) = -1/6 + 2/6 + 3/6 - 4/6 + 5/6 - 6/6 = -1/6 = -0.167