Mathematics

Lorelei Juarez

11 January, 05:09

A real estate agent spends $1,500 on advertising for three months to sell an average house. if the house sells in three months, the agent earns $9,000. otherwise, he loses the listing and earns nothing. if there is a 40% chance that the house will sell in three months, what is the expected revenue for the real estate agent?

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “A real estate agent spends $1,500 on advertising for three months to sell an average house. if the house sells in three months, the agent ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

The table represents the start of the division of 8x^4+2x^3-7x^2+3x-2 by the indicated divisor. Find the quotient.

Suppose that about 58% of the people who are murdered actually knew the person who committed the murder. suppose that a detective file in boston has 60 current unsolved murders.

Which expressions are equivalent to (5⋅x) ⋅3? Drag and drop the equivalent expressions into the box. 3⋅ (5⋅x) 5⋅3+x⋅35⋅ (x⋅3) 15x5⋅3⋅x⋅3

7. John's seafood restaurant is trying to estimate its profits. John has found that on average, each meal served costs the restaurant $14.56 and takes in $17.12. John has also found that on average, each beverage served costs the restaurant $1.

In the right triangle above, a = 2.7 and b = 4.3. Find the value of c, rounded to the nearest tenth. A. 5.0 B. 5.1 C. 7.0 D. 25.8

New Questions in Mathematics

Which statement is true? 500 is 10 times as much as 50 500 is one tenth as much as 50

A circle has the equation (x+11) 2 + (y+6) 2=324. What are the coordinates of the center and the length of the radius? The coordinates of the center are (11,6), and the length of the radius is 18 units.

What is 163.5% of 20

Determine the value of the account if the initial investment is $8000 compounded monthly at a rate of 6% after 10 years.

Which of the following statements is not true? A. 1.7 greater than 1 and 1/2 B. 3/4 less than or equal to 7/8 C. - 1 and 1.5 less than - 1.5 D. 0.01 less than 0.1