n, is this a good investment? *

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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A local club plans to invest $10000 to host a baseball game. They expect to sell
tickets worth $15000. But if it rains on the day of game, they won't sell any
tickets and the club will lose all the money invested. If the weather forecast for
the day of game is 20% possibility of rain, is this a good investment? *
$2000. So, it's a good investment
None of the choices.
O $2000 . So, it's a bit risky.
$200. So, it's a good investment
Transcribed Image Text:A local club plans to invest $10000 to host a baseball game. They expect to sell tickets worth $15000. But if it rains on the day of game, they won't sell any tickets and the club will lose all the money invested. If the weather forecast for the day of game is 20% possibility of rain, is this a good investment? * $2000. So, it's a good investment None of the choices. O $2000 . So, it's a bit risky. $200. So, it's a good investment
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