Answer:
$131.60
Step-by-step explanation:
Selling Price = $98.75 + $98.75*33.3%
Selling Price = $98.75 + $32.88375
Selling Price = $131.63375
Selling Price = $131.60
The Probability of winning is 5/8.
1/19
check the picture below.
notice, a function that is decreasing, namely have a negative slope, doesn't have to be negative.