When it is sunny, Joe's ice cream truck generates a profit of $512 per day, when it is not sunny, the profit is $227 per day, and when the truck is not out there selling ice cream, Joe loses $134 per day. Suppose 8% of a year Joe's truck is on vacation, and 82% of a year the truck is selling ice cream on sunny days, what is the expected daily profit the truck generates over a year? Enter your answer as a decimal number rounded to TWO digits after the decimal point.
When it is sunny, Joe's ice cream truck generates a profit of $512 per day, when it is not sunny, the profit is $227 per day, and when the truck is not out there selling ice cream, Joe loses $134 per day. Suppose 8% of a year Joe's truck is on vacation, and 82% of a year the truck is selling ice cream on sunny days, what is the expected daily profit the truck generates over a year? Enter your answer as a decimal number rounded to TWO digits after the decimal point.
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.1: Exponential Functions
Problem 53E: Interest Ron Hampton needs to choose between two investments: One pays 6% compounded annually, and...
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