The answer of the question is 22.627416998
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Answer:
With compound interest, you earn interest on interest, thereby accumulating more money than if you were earning simple interest.
Step-by-step explanation:
Answer:
Total money get from soda cans = $259.2
Step-by-step explanation:
Given:
Number of soda cases = 18
Number of soda can in each case = 24
Price of each soda can = $0.60
Find:
Total money get from soda cans
Computation:
Total money get from soda cans = Number of soda cases x Number of soda can in each case x Price of each soda can
Total money get from soda cans = 18 x 24 x 0.60
Total money get from soda cans = $259.2
Answer:
See explanation.
Step-by-step explanation:
The possible values of fx are 2, 0, -1, you either win $2, win $0, or lose $1.
The probability of winning $2 is the probability of selecting a black ball, so it is 4/14 or 2/7.
The probability of not earning any money is the probability of an orange ball being selected, so its 2/14 or 1/7.
The probability of losing $1 is the probability of a white ball being selected, so it is 8/14 or 4/7.