Business, 15.02.2021 23:30, alanflores40

To "let it ride" is to make a bet and if it wins to make the same bet with the entire payout amount. For example, if you bet $1 on black and win the casino gives you $2, you then "let it ride" by betting that $2 on black and if you win again the casino would give you $4. If the ball were to land on red or green on either spin of the wheel you would lose your wager and the final payout would be $0. What is the expected profit for betting $12 on black and if you win, "letting it ride" once? I. E., betting on black and if you win betting your winnings on black again? (keep in mind that if you lose the first bet you are done; round to closest penny)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:00, live4dramaoy0yf9

In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the

Answers: 1

continue

Business, 22.06.2019 10:50, milliebbbrown

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.

Answers: 2

continue

Business, 22.06.2019 10:50, slavenkaitlynn

Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker

Answers: 1

continue

Business, 22.06.2019 19:00, mairadua14

12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.

Answers: 1

continue

Do you know the correct answer?

To "let it ride" is to make a bet and if it wins to make the same bet with the entire payout amount....