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

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Interest Calculation
Probability

Formulas

Simple Interest formula: I = PRT

Theorems

-

Suitable Grade Level

High School