Answer:
$539.94
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value = $400
R = interest rate = 2.5/ 365
N = number of years = 12 x 365
$400 x ( 1 + 0.025/365)^4380 = $539.94
Answer:
what is the question?
Step-by-step explanation:
answer the question
Let's begin by listing out the information given to us:
number of cards = 600
Sale price = $100
Each pokemon card is worth:

Each pokemon cards would sell for 17 cents each
Answer:
The carnival is losing (on average) $0.15 on each play
Step-by-step explanation:
To find out how much the carnival wins or looses in each play one subtract the expected value (EV) from each play from the amount charged by the carnival for each play ($0.55). If the expected value is higher than what the carnival charges, the carnival is losing money.
Expected is the sum of the payouts of each bet multiplied by its likelihood:

Since the expected value is higher than $0.55, the carnival is losing money, on average, on each play:

The carnival is losing (on average) $0.15 on each play
Answer: Our required probability is 0.83.
Step-by-step explanation:
Since we have given that
Number of dices = 2
Number of fair dice = 1
Probability of getting a fair dice P(E₁) = 
Number of unfair dice = 1
Probability of getting a unfair dice P(E₂) = 
Probability of getting a 3 for the fair dice P(A|E₁)= 
Probability of getting a 3 for the unfair dice P(A|E₂) = 
So, we need to find the probability that the die he rolled is fair given that the outcome is 3.
So, we will use "Bayes theorem":

Hence, our required probability is 0.83.