Answer:
the correct answer is 3
Step-by-step explanation:
Answer:
$3,000
Step-by-step explanation:
There two possible outcomes:
There is a 3/4 chance that the bid is rejected for a value of -$1,400
There is a 1/4 chance that the bid is accepted for a value of $17,600 - $1,400.
The expected value of the situation is:

The expected value is $3,000.
Sorry I'm not sure if I'm right just my thinking...
set the number to be x so that (5x+2)(3x-4)??
Use substitution
-x + 4 = 1/3x + 8
4 = 4/3x + 8
-4 = 4/3x
x = -4 * 3/4
x = -3
Then plug x into one of the original equations. In this case y = -x + 4 is the easiest.
y = -(-3) + 4
y = 7