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3 years ago

7

You bet $7 on a local race being held for charity. The payoff odds given by the charity event are 12:1. Find your net profit for

winning your bet in the race.
$74

$84

$91

$80

1 answer:

Dmitry [639]3 years ago

7 0

Answer:

$84

Step-by-step explanation:

12:1 means for every dollar you bet you will win 12

so 7 x 12 = 84

you would win $84, you bet 7 so net profit would be 84-7 = $77

Net profit is $77

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Pie

Answer:

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Step-by-step explanation:

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Answer choice D is also a correct rationalization of the denominator, but is not simplified as far as it can be. √24 = 2√6, so a factor of 2 can be cancelled from numerator and denominator, giving answer choice B.

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