un, which plan has the higher payout?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 4E
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In the long run, which plan has the higher payout?
Plan A
Plan B
Payout P(Pay
P(
P(Payout)
Payout
- $10,000
– $40,000
0.1
0.12
$35,000
0.36
$10,000
0.69
$95,000
0.54
$100,000
0.19
Transcribed Image Text:In the long run, which plan has the higher payout? Plan A Plan B Payout P(Pay P( P(Payout) Payout - $10,000 – $40,000 0.1 0.12 $35,000 0.36 $10,000 0.69 $95,000 0.54 $100,000 0.19
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