Math Problem Statement
d and e are 2 units. d = 1 and e = 1/16d. The probability of e being 16 is 0.6 but can go up to 32 with a probabilty of 0.4. If D Gives me 12% intrest and e 24 which one is better
Solution
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Math Problem Analysis
Mathematical Concepts
Interest Calculation
Probability
Formulas
Simple Interest formula: I = PRT
Theorems
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Suitable Grade Level
High School
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