(New page: Because each amount has an equal chance of being picked, multiply each $ amount by 1/5 and them all together. Then since he pays 30% in taxes multiply the previous sum by (1-.3) to find th...) |
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| − | Because each amount has an equal chance of being picked, multiply each $ amount by 1/5 and them all together. Then since he pays 30% in taxes multiply the previous sum by (1-.3) to find the average after taxes. | + | Because each amount has an equal chance of being picked, multiply each $ amount by 1/5 and add them all together. Then since he pays 30% in taxes multiply the previous sum by (1-.3) to find the average after taxes. |
Revision as of 15:51, 23 September 2008
Because each amount has an equal chance of being picked, multiply each $ amount by 1/5 and add them all together. Then since he pays 30% in taxes multiply the previous sum by (1-.3) to find the average after taxes.
