Consider the following two loans for P=$5,000. Loan A: 2.5 year loan, annual interest rate of 12%. Loan B: 5 year loan, annual i
1 answer:
You might be interested in
Answer: a loss of 4 cents
<u>Step-by-step explanation:</u>
The probability of rolling a sum of 2, 3, 4, 5, or 6 is which earns $2.00
The probability of rolling a sum of 28, 9, 10, 11, or 12 is which loses $2.00
The probability of rolling a sum of 7 is which loses $0.25