Answer:
The answer is 1.705 in decimals
Answer: $32.74
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Step-by-step explanation:
Standard form would be 1.46e-6 because the variable has one degree and the number 6 does not have a degree.
The value of x is whatever the the answer say
The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million
