A photographer needs $4000 to purchase a printer for her new business. Each photo that she prints will cost an additional $3.56
for ink. She plans on selling each photo for $9.99 each Which of the following equations represents the profit, P(x), the photographer will make for each photo, x, that she sells?
A
P(x) = 6.43x + 4000
B
P(x) = 6.43x - 4000
The probability of picking a blue envelope is 2/8 = 1/4. You want to select a blue envelope twice with replacement so we multiply 1/4*1/4 which is 1/16.