Bart and april are purchasing a house with a 15-year, 2/1 arm for $315,000 at 5.85% with a 2/8 cap structure. what will the difference in
payments be from year 2 to year 3?
$309.69
$595.18
$333.68
$86.56
The difference in payment from year 2 to year 3 is $16334.546
Given,
Total Amount that has to be paid if total duration for paying money is 20 years = $ 315,000
Rate of interest = 5.85 %(Depreciating rate)
When , time = 2 years
Amount left which is to be paid after 2 years;
Principal × (1 - Rate/100)^time
= 315,000 × (1 - 5.85/100)²
= 315,000 × (1 - 0.0585)²
= 279223.00875
When , time = 3 years
Amount left which is to be paid after 3 years;
Principal × (1 - Rate/100)^time
= 315,000 × (1 - 5.85/100)³
= 315,000 × (1 - 0.0585)³
= 262888.463
Difference in payments from year 2 to year 3 = $279223.00875 - $ 262888.463 =$16334.546
Monthly payment = 16334.546/12 = $1361.21
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Can someone come up with a numerical expression that has multiple operations and please provide the answer and how you got there :)
Example: (2x2)4+12
( 2 × 2 ) 4 + 12
4 . 4 + 12
16 + 12
28
Which expression is equivalent to csc x – sin x?
a.
cos^2x/sinx
c.
sin x – cos x
b.
sin x + cos x
d.
cos^2x + sin^2x
Answer:
a edge 2021
Step-by-step explanation:
can y’all help me???
Fractional indices pls help me
Answer:
\(\frac{7}{4}\) x²
Step-by-step explanation:
Dealing with the numerical part
\(\frac{7}{8}\) ÷ \(\frac{1}{2}\) = \(\frac{7}{8}\) × \(\frac{2}{1}\) = \(\frac{14}{8}\) = \(\frac{7}{4}\)
Using the rule of exponents
\(\frac{a^{m} }{a^{n} }\) = \(a^{(m-n)}\) , then
\(\frac{x^{\frac{1}{2} } }{x^{-\frac{3}{2} } }\)
= \(x^{(\frac{1}{2}-(-\frac{3}{2}) }\)
= \(x^{(\frac{1}{2}+\frac{3}{2}) }\)
= \(x^{\frac{4}{2} }\)
= x²
Then
\(\frac{7}{8}\) \(x^{\frac{1}{2} }\) ÷ \(\frac{1}{2}\) \(x^{-\frac{3}{2} }\)
= \(\frac{7}{4}\) x²
Consider a Brownian motion W(t) with t ≥ 0 and consider two stock prices de-
scribed by S 1(t) and S 2(t) which fulfill the following stochastic differential equations
(SDEs)
dS 1(t) =μ1S 1(t)dt +σ1S 1(t)dW(t)
dS 2(t) =μ2S 2(t)dt +σ2S 2(t)dW(t),
with μ1, μ2 ∈Rand σ2 > σ1 > 0.
a) For f (x) =log x, derive the SDE satisfied by the process f (S 1(t)).
b) Without further calculation, what is the process followed by f (S 2(t))?
c) Find the SDE satisfied by Y(t) =g(S 1(t),S 2(t)) =ln(S 1(t)/S 2(t)) when μ =
μ1 =μ2. What type of stochastic process is Y(t) undergoing? Describe the
parameters of this process.
The SDE satisfied by the process f (S 1(t)) is μ1dt + σ1dW(t). The process followed by f(S2(t)) is (μ2/S2(t))dt + (σ2/S2(t))dW(t). The SDE satisfied by Y(t) is (μ1- μ2)dt + (σ1^2 + σ2^2) / 2 dW(t). The stochastic process Y(t) is an Ornstein-Uhlenbeck process. The parameters of this process are as follows: Mean = 0, Variance = (σ1^2 + σ2^2) / 2, Reversion rate = μ1 - μ2
a) For f (x) = log x, the SDE satisfied by the process f(S1(t)) is obtained as follows: df(S1(t)) = df(S1(t)) / dS1(t) × dS1(t)
In the given problem, f (S1(t)) = log(S1(t)).
Thus, df(S1(t)) = (1/S1(t)) × dS1(t)
Substituting S1(t) in the given SDEs, we get
dS1(t) = μ1S1(t)dt + σ1S1(t)dW(t)
Substituting the value of dS1(t) in df(S1(t)), we get
df(S1(t)) = (1/S1(t)) × (μ1S1(t)dt + σ1S1(t)dW(t))
Simplifying the above equation, we get
df(S1(t)) = (μ1dt + σ1dW(t))
b) The process followed by f(S2(t)) can be obtained as follows:
f(S2(t)) = log(S2(t))d[f(S2(t))] = d[log(S2(t))]d[f(S2(t))] = (1/S2(t))dS2(t)
Substituting the value of dS2(t) in the above equation, we get
d[f(S2(t))] = (μ2/S2(t))dt + (σ2/S2(t))dW(t).
Thus, the process followed by f(S2(t)) is given by
d[f(S2(t))] = (μ2/S2(t))dt + (σ2/S2(t))dW(t)
c) The SDE satisfied by Y(t) = g(S1(t),S2(t)) = ln(S1(t)/S2(t)) when μ = μ1 = μ2 is obtained as follows:
Given: dS1(t) = μS1(t)dt + σ1S1(t)dW(t)
dS2(t) = μS2(t)dt + σ2S2(t)dW(t)
Therefore, ln(S1(t)/S2(t)) can be rewritten as ln(S1(t)) - ln(S2(t)).
Substituting the values of dS1(t) and dS2(t), we get
d(ln(S1(t)/S2(t))) = (μ1- μ2)dt + (σ1^2 + σ2^2) / 2 dW(t)
The stochastic process Y(t) is an Ornstein-Uhlenbeck process. The parameters of this process are as follows: Mean = 0, Variance = (σ1^2 + σ2^2) / 2, Reversion rate = μ1 - μ2
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3.12 If h(t)= [u(t-1)- u(t - 4)] and x(t) = t[u(t)- u(t-2)], obtain graphically the response y(t). For what value of t does y(t) reach its maximum value?
The response y(t) graphically, we can first plot the individual functions h(t) and x(t) on a graph, and then determine their convolution to obtain y(t). Let's go step by step:
Plotting h(t):
The function h(t) is defined as h(t) = [u(t-1) - u(t-4)].
The unit step function u(t-a) is 0 for t < a and 1 for t ≥ a. Based on this, we can plot h(t) as follows:
For t < 1, h(t) = [0 - 0] = 0
For 1 ≤ t < 4, h(t) = [1 - 0] = 1
For t ≥ 4, h(t) = [1 - 1] = 0
So, h(t) is 0 for t < 1 and t ≥ 4, and it jumps up to 1 between t = 1 and t = 4. Plotting h(t) on a graph will show a step function with a jump from 0 to 1 at t = 1.
Plotting x(t):
The function x(t) is defined as x(t) = t[u(t) - u(t-2)].
For t < 0, both u(t) and u(t-2) are 0, so x(t) = t(0 - 0) = 0.
For 0 ≤ t < 2, u(t) = 1 and u(t-2) = 0, so x(t) = t(1 - 0) = t.
For t ≥ 2, both u(t) and u(t-2) are 1, so x(t) = t(1 - 1) = 0.
So, x(t) is 0 for t < 0 and t ≥ 2, and it increases linearly from 0 to t for 0 ≤ t < 2. Plotting x(t) on a graph will show a line segment starting from the origin and increasing linearly with a slope of 1 until t = 2, after which it remains at 0.
Obtaining y(t):
To obtain y(t), we need to convolve h(t) and x(t). Convolution is an operation that involves integrating the product of two functions over their overlapping ranges.
In this case, the convolution integral can be simplified because h(t) is only non-zero between t = 1 and t = 4, and x(t) is only non-zero between t = 0 and t = 2.
The convolution y(t) = h(t) * x(t) can be written as:
y(t) = ∫[1,4] h(τ) x(t - τ) dτ
For t < 1 or t > 4, y(t) will be 0 because there is no overlap between h(t) and x(t).
For 1 ≤ t < 2, the convolution integral simplifies to:
y(t) = ∫[1,t+1] 1(0) dτ = 0
For 2 ≤ t < 4, the convolution integral simplifies to:
y(t) = ∫[t-2,2] 1(t - τ) dτ = ∫[t-2,2] (t - τ) dτ
Evaluating this integral, we get:
\(y(t) = 2t - t^2 - (t - 2)^2 / 2,\) for 2 ≤ t < 4
For t ≥ 4, y(t) will be 0 again.
Maximum value of y(t):
To find the value of t at which y(t) reaches its maximum value, we need to examine the expression for y(t) within the valid range 2 ≤ t < 4. We can graphically determine the maximum by plotting y(t) within this range and identifying the peak.
Plotting y(t) within the range 2 ≤ t < 4 will give you a curve that reaches a maximum at a certain value of t. By visually inspecting the graph, you can determine the specific value of t at which y(t) reaches its maximum.
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algebra find the value of x in each triangle
In all cases, take into account that the sum of the interior angles of a triangle is equal to 180°. Then, for the first triangle you have:
2x + 2x + x = 180 simplify like terms left side
5x = 180 divide by 5 both sides
x = 180/5
x = 36
For the second triangle:
7x + 3x + 90 = 180 subtract 90 both sides
7x + 3x = 180 - 90 simplify like terms both sides
10x = 90 divide by 10 both sides
x = 90/10
x = 9
For the third triangle:
x + x + 2x = 180 simplify like terms left side
4x = 180 divide by 4 both sides
x = 180/4
x = 45
Find the slope of the line y = –5/4x+ 19
Answer:
m=-5/4
Step-by-step explanation:
the variable from of that equation is y=mx+b where m stands for slope, so in y=-5/4x+19 m=-5/4
The table giver you 4 tree's and I forget what the rest said so I am just lazy and took a sreenshot.
The Maple tree.
Step-by-step explanation:The Sycamore is 15 and 2/3 feet tall, which is 15.667 feet.
The Oak is 14 and 3/4 feet tall, which is 14.75 feet.
The Maple is 15 and 3/4 feet tall, which is 15.75 feet.
The Birch is given as 15.72 feet.
Out of these, the tallest is the Maple, which is at 15.75 feet.
Use the Desmos graphing calculator to find the least-squares linear correlation coefficient for the dataset in the table:
x y
3 1
4 5
8 11
10 21
1. r=0.74 б
2. r=0.938
3. r=0.968
4. r=0.811
The least-squares linear correlation coefficient for the given dataset can be determined using the Desmos graphing calculator. The options provided are: r=0.74, r=0.938, r=0.968, and r=0.811.
To find the least-squares linear correlation coefficient, we need to calculate the Pearson correlation coefficient (r). This coefficient measures the strength and direction of the linear relationship between two variables. In this case, the dataset consists of pairs of values (x, y).
Using the Desmos graphing calculator, we can input the dataset and generate a scatter plot. Then, by selecting the option to display the line of best fit or the regression line, we can obtain the equation of the line and the value of r, the least-squares linear correlation coefficient.
Based on the options provided, we need to calculate the value of r using the Desmos graphing calculator and compare it to the given options. After performing the calculations, the correct answer is the option that matches the calculated value of r.
Therefore, the option that corresponds to the least-squares linear correlation coefficient calculated using the Desmos graphing calculator for the given dataset should be selected as the answer.
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Describe the slope of the line
(please answer m=) aswell.
What is the answer to v/-6+79<92
Answer:
v > - 78
Step-by-step explanation:
Version 1.
v
----------- < 92
-6 + 79
v
------------ < 92
73
v
------------ < 92(73)
73(73)
v < 6716
-------------------------------------
Version 2
v
------------ + 79 < 92
-6 -79 -79
v
(-) ------------ < 13(6)
6(6)
-v < 78
÷-1 ÷-1
v > -78
I hope this helps!
solve the inequality
-25/12 ≤ v + 5/3
Find the volume of the cone.
Either enter an exact answer in terms of pie or use 3.14 for pie and round your final answer to the nearest hundredth.
Answer:
301.59
or
96 π
Step-by-step explanation:
on khan acad. if you click on the box, you can click on the pi icon to do it in terms of pi.
I always do in terms, but make sure to learn the other way :)
the formula for cone volume is π r^2 h/3
radius = 6
height = 8
π 6^2 8/3
π 36 8/3
π 36 x 8 /3
π 288 / 3
π 96
Which of the following scenarios represents a constant rate of change and shows a multiplicative relationship?
The correct answer is 'Maura earns $12 per hour for babysitting her 3 nieces'
Here, we want to select which of the options show a multiplicative relationship.
The correct answer is G
Maura earns $12 per hour for babysitting her 3 nieces
Why this shows a multiplicative relationship is that given the number of hours which she babysat, we can find the amount she earned
Hence there is a multiplicative relationship between the amount of money she earns and the number of hours for which she has worked
4. What are the Z-scores for the following Confidence Interval levels? Remember, you MUST account for both tails of the curve, positive and negative, when identifying each. That means you will need to do a little math to obtain the correct z-value. 3 Points 68%= 85% = 99% =
In order to calculate the z-scores for the given Confidence Interval (CI) levels, we need to use the Z-table. It is also known as the standard normal distribution table. Here are the z-scores for the given Confidence Interval levels:1. 68% CI: The confidence interval corresponds to 1 standard deviation on each side of the mean.
Thus, the z-score for the 68% \(CI is ±1.00.2. 85% CI\): The confidence interval corresponds to 1.44 standard deviations on each side of the mean.
We can calculate the z-score using the following formula:\(z = invNorm((1 + 0.85)/2)z = invNorm(0.925)z ≈ ±1.44\)Note that invNorm is the inverse normal cumulative distribution function (CDF) which tells us the z-score given a certain area under the curve.3. 99% CI: The confidence interval corresponds to 2.58 standard deviations on each side of the mean. We can calculate the z-score using the following formula:\(z = invNorm((1 + 0.99)/2)z = invNorm(0.995)z ≈ ±2.58\)
Note that in general, to calculate the z-score for a CI level of (100 - α)% where α is the level of significance, we can use the following formula:\(z = invNorm((1 + α/100)/2)\) Hope this helps!
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Solve the system of equations using the eliminationmethod.6х + 3y : 20.25 and 8x + 3y = 25.75Click edit background and show your work or take apicture of the work you did on paper.
Given
\(\begin{gathered} Eq1\colon6x+3y=20.25 \\ Eq2\colon8x+3y=25.75 \\ \\ \text{Sum both equations} \end{gathered}\)
Procedure
\(\begin{gathered} Eq2-Eq1 \\ 8x+3y-6x-3y=25.75-20.25 \\ 8x-6x+3y-3y=5.5 \\ 2x=5.5 \\ x=2.75 \end{gathered}\)
Now for y
\(\begin{gathered} y=\frac{20.25-6x}{3} \\ y=\frac{20.25-6\cdot2.75}{3} \\ y=1.25 \end{gathered}\)The answer would be x = 2.75 and y = 1.25
please answerrrrrr
Ryan eats 12 apples a week what is an estimate what they eat in a month
1. around 30-35 apples
2. around 35-40 apples
3. around 45-50 apples
4. around 50-60 apples
Answer:
3
Step-by-step explanation:
Answer:
3. around 45-50 apples
Step-by-step explanation:
The month has 4 weeks so you just have to multiply 12 times 4 and that gives you 48.
hope it helps!
Find the value of x.
Answer:
2x=50 x=25
Step-by-step explanation:
Answer:
x = 25
Step-by-step explanation:
6x - 20 = 4x + 30 (Since, lines are parallel and They are Corresponding angles)
=> 6x - 4x = 30 + 20
=> 2x = 50
=> x = 25
Which issue is least likely arise in machine learning (ml) and artificial intelligence (ai)?
The issue of too many proficient business-savvy programmers is least likely to arise in machine learning(ml) and artificial intelligence(ai).
What is machine learning?
The process by which computers learn to recognize patterns, or the capacity to continuously learn from and make predictions based on data, then make adjustments without being specifically programmed to do so, is known as machine learning (ML), a subcategory of artificial intelligence.
The operation of machine learning is quite complicated and varies according to the task at hand and the algorithm employed to do it. However, at its foundation, a machine learning model is a computer that analyzes data to spot patterns before using those realizations to better fulfill the work that has been given to it. Machine learning can automate any task that depends on a set of data points or rules, even the more difficult ones.
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Please help with geometry work asap!!!
Answer:
z = 100°
x = 40°
Step-by-step explanation:
Triangle CBD is isosceles so there are two 50°
DBC = 50°
That means BDC = 80° because 180(sum of angles in triangle) - 50 - 50 = 80
Z = 100° bc angle of straight line is 180° and 180 - 80 = 100
Now triangle ADB is also isosceles because there are two sides of equal length
So there will be 2*x + 100 = 180
x = 40°
A compressive load of 80,000 lb is applied to a bar with
circular section0.75indiameter and a length of 10 in. if the
modulus of elasticity of the bar material is10,000 ksi and the
Poisson’s ratio i
The decrease in diameter of the bar due to the applied load is -0.005434905d and the final diameter of the bar is 1.005434905d.
A compressive load of 80,000 lb is applied to a bar with a circular section of 0.75 in diameter and a length of 10 in.
if the modulus of elasticity of the bar material is 10,000 ksi and the Poisson's ratio is 0.3.
We have to determine the decrease in diameter of the bar due to the applied load.
Let d be the initial diameter of the bar and ∆d be the decrease in diameter of the bar due to the applied load, then the final diameter of the bar is d - ∆d.
Length of the bar, L = 10 in
Cross-sectional area of the bar, A = πd²/4 = π(0.75)²/4 = 0.4418 in²
Stress produced by the applied load,σ = P/A
= 80,000/0.4418
= 181163.5 psi
Young's modulus of elasticity, E = 10,000 ksi
Poisson's ratio, ν = 0.3
The longitudinal strain produced in the bar, ɛ = σ/E
= 181163.5/10,000,000
= 0.01811635
The lateral strain produced in the bar, υ = νɛ
= 0.3 × 0.01811635
= 0.005434905'
The decrease in diameter of the bar due to the applied load, ∆d/d = -υ
= -0.005434905∆d
= -0.005434905d
The final diameter of the bar,
d - ∆d = d + 0.005434905d
= 1.005434905d
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pls help givin 10 pts
Answer:-22/3
Step-by-step explanation:
its negative because it represents an irrational number
Answer: -22/3
Why: It's irrational since it's negative
Isabella invested $1300 in an account that pays 4.5% compounded annually. Assuming no deposits or withdrawals are made , find how much money Isabella would have in the account 14 years after her initial investment . Round to the nearest tenth.
Answer:
$2,407.5
Step-by-step explanation:
To solve this question, we will use the formula for calculating the amount formula as shown;
A =P(1+r)^n
Given that;
P = #$1300
r = 4.5% = 0.045
t = 14years
Substitute
A = 1300(1+0.045)^14
A = 1300(1.045)^14
A = 1300(1.8519)
A = 2,407.5
Hence Isabella would have $2,407.5 in her account after 14years
Find the volume of the described solid of revolution or state that it does not exist. The region bounded by f(x) = (x - 1)^-1/4 and the x-axis on the interval (1, 6] is revolved about the x-axis. Set up the integral that should be used to find the volume of the solid. Use increasing limits of integration. (Type exact answers.) Find the volume or state that it does not exist. Select the correct answer and, if necessary, fill in the box to complete your choice. A. The volume is cubic units. (Type an exact answer.) B. The volume does not exist.
The correct option is A. The volume is 6.77 cubic units
The function and interval given are f(x) = (x - 1)^-1/4 and the x-axis on the interval (1, 6].
We want to find the volume of the solid of revolution when the region is rotated about the x-axis.
Let's consider the graph of the function: graph{(x-1)^(-1/4) [-10, 10, -5, 5]}
To set up the integral to find the volume of the solid of revolution, we can use the disk method.
We need to integrate the area of each disk perpendicular to the x-axis from x = 1 to x = 6.
The area of a disk is given by the formula: A = πr²
where r is the radius of the disk and is equal to f(x) in this case.
Therefore, the area of a disk is: A = πf(x)²
Let's substitute f(x) into this formula and integrate from x = 1 to x = 6 to get the volume of the solid.
We have The integral that should be used to find the volume of the solid is given as:
V = ∫₁⁶ πf(x)² dx
We substitute f(x) = (x - 1)^(-1/4) into this expression and integrate to get the volume.
We have: V = ∫₁⁶ π(x - 1)^(-1/2) dx
Let u = x - 1, so that du/dx = 1 and dx = du.
When x = 1, u = 0, and when x = 6, u = 5.
Therefore, we have: V = ∫₀⁵ πu^(-1/2) du= 2π[u^(1/2)]₀⁵= 2π(√5 - 1) ≈ 6.77 cubic units.
The volume of the solid of revolution when the region is rotated about the x-axis is approximately 6.77 cubic units.
Thus, the correct option is A. The volume is 6.77 cubic units.
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the fourth and seventh terms of a geometric sequence are 3010 and 3,010,000, respectively. find the first term, common ratio, and an explicit rule for the nth term.
Therefore, the first term is 3.01, the common ratio is 10, and the explicit rule for the nth term is: aₙ = 3.01 * 10ⁿ⁻¹.
A geometric sequence is a sequence of numbers where each term after the first is found by multiplying the previous term by a constant called the common ratio.
Let the first term be "a" and the common ratio be "r".
Then, we have:
4th term = ar³ = 3010
7th term = ar⁶ = 3010000
Dividing the second equation by the first, we get:
(ar⁶) / (ar³) = 3010000/3010
r³ = 1000
r = 10
Substituting this value of "r" in the first equation, we get:
ar³ = 3010
a(10³) = 3010
a = 3.01
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What value of c makes the equation true? Assume x>0 and y>0 3√x^3/cy^4=x/4y(3√y) c = 12 c = 16 c = 81 c = 64
The value of c that makes the equation true is c = 64, when x = 6 and y = 3.
To find the value of c that makes the equation true, we can start by simplifying both sides of the equation using exponent rules and canceling out common factors.
First, we can simplify 3√(x^3) to x√x, and 3√y to y√y, giving us:
x√x/cy^4 = x/4y(y√y)
Next, we can simplify x/4y to 1/(4√y), giving us:
x√x/cy^4 = 1/(4√y)(y√y)
We can cancel out the common factor of √y on both sides:
x√x/cy^4 = 1/(4)
Multiplying both sides by 4cy^4 gives us:
4x√x = cy^4
Now we can solve for c by isolating it on one side of the equation:
c = 4x√x/y^4
We can substitute in the values of x and y given in the problem statement (x>0 and y>0) and simplify:
c = 4x√x/y^4 = 4(x^(3/2))/y^4
c = 4(27)/81 = 4/3 = 1.33 for x = 3 and y = 3
c = 4(64)/81 = 256/81 = 3.16 for x = 4 and y = 3
c = 4(125)/81 = 500/81 = 6.17 for x = 5 and y = 3
c = 4(216)/81 = 64 for x = 6 and y = 3
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You must decide whether to buy new machinery to produce product X or to modify existing machinery. You believe the probability of a prosperous economy next year is 0.7. Prepare a decision tree and use it to calculate the expected value of the buy new option. The payoff table is provided below (+ for profits and - for losses).
When entering the answer, do not use the $ symbol. Do not enter the thousand separator. Enter up to 2 decimal places after the decimal point. For example, $6,525.35 must be entered as 6525.35
N1: Prosperity ($) N2: Recession ($)
A1 (Buy New) $1,035,332 $-150,000
A2(Modify) $823,625 $293,648
The expected value of the "Buy New" option is 724732.60.
Decision Tree:
To solve the given problem, the first step is to create a decision tree. The decision tree for the given problem is shown below:
Expected Value Calculation: The expected value of the "Buy New" option can be calculated using the following formula:
Expected Value = (Prob. of Prosperity * Payoff for Prosperity) + (Prob. of Recession * Payoff for Recession)
Substituting the given values in the above formula, we get:
Expected Value for "Buy New" = (0.7 * 1,035,332) + (0.3 * -150,000)Expected Value for "Buy New" = 724,732.60
Therefore, the expected value of the "Buy New" option is 724,732.60.
Conclusion:
To conclude, the decision tree is an effective tool used in decision making, especially when the consequences of different decisions are unclear. It helps individuals understand the costs and benefits of different choices and decide the best possible action based on their preferences and probabilities.
The expected value of the "Buy New" option is 724,732.60.
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Dakota spent $ 16. 95 for 2 binders and 3 highlights. If the binders cost $ 4. 95 each and each highlighter cost the same amount,how much did one highlighter cost
The cost of one highlighter if each highlighter cost the same amount is $2.25.
Let the price of one binder be x
The price of the one highlights be y
Dakota bought total of 2 binders and 3 highlights for $16.95
Therefore, we can say that
2x + 3y = 16.95
but we have the value of 1 binder and that is $4.95 so,
x = 4.95 , putting value in the above equation we get
2(4.95) + 3y = 16.95
9.9 + 3y = 16.95
3y = 16.95 - 9.9
3y = 7.05
y = 7.05/3
y = 2.35
Therefore, the cost of one highlighter is $2.35.
The cost price is the sum of money used to produce goods or services before any profit is added for the manufacturer or provider. Other names for it include latest cost, average cost, and actual cost.
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