<u>Answer</u>:
The resale value after three years = $ 632.8125
<u>Explanation</u>:
Given the laptop purchase for $1500
Therefore, the cost price = $1500
According to the question, the resale value decreases by 25%,
Then after three years, the resale value is
Resale Value =
Substituting the values,
Resale Value =
Resale Value =
Resale Value =
Resale Value = $632.8125
Therefore, the resale value after three years = $ 632.8125
Answer:
The correct answer are given by (A) ; (B)
.
Step-by-step explanation:
Total number of entries to the sweepstakes offered by Gemini Paper Products = 175,000.
Total number of prizes to be awarded includes 1 grand prize, 3 first prizes, 25 second prizes and 400 third prizes = 1 + 3 + 25 + 400 = 429.
(A) Required Probability for a person who has put one entry to win the grand prize is given by the fraction .
(B) Required Probability for a person who has put one entry to win any prize offered is given by .