Answer:
C. $290
Step-by-step explanation:
The expected cost is:
E = 1686.50 − (0.057) (24500)
E = 290
Answer: What exactly do you need help with
There are 24 segments on the wheel in total. 1 segment is the $500 and 2 are the bankruptcy spaces. You would then multiply the two fractions 1/24 and 2/24 (the chances of getting each result) to get the answer. 1•2=2 and 24•24=576 making the fraction 2/576. Then you would simplify by dividing both sides by 2 which equals the final answer 1/288.
