Make x the subject: v = 2/3 x + 2
1 answer:
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Using the expected value, it is found that the mean of the distribution equals $0.1.
- The expected value, which is the mean of the distribution, is given by <u>each outcome multiplied by it's probability</u>.
The probabilities of <u>each outcome</u> are:
- .0000001 probability of earning $1,000,000.
- .9999999 probability of earning $0.
Thus, the mean is given by:
Thus showing that the expected value is $0.1.
A similar problem is given at brainly.com/question/24855677
Answer:
B
Step-by-step explanation:
The amortization period in months is:
30 years * 12 = 360 months
The monthly interest rate would be 5.25%/12 = 0.004375
The payment for monthly mortgage formula would be:
Where
E is the monthly mortgage payment
C is the cost of mortgage, cost is $150,000
r is the monthly rate of interest, which is 0.004375
n is the period, in months, which is 360
Substituting, we get our answer:
So, the correct answer is B