Evaluate: L(1 - d₁)(1 - d₂) for L = $1000, d₁ = 0.30, and d₂ = 0.20. A) $440.00 B) $500.00 C) $1785.71 D) $560.00 E) $600.00

Name: Evaluate: L(1 - d 1 )(1 - d 2 ) for L = $1000, d 1 = 0.30, and d 2 = 0.20. A) $440.00 B) $500.00 C) $1785.71 D) $560.00 E) $600.00
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

The correct evaluation is done by substituting the given values into the formula: L(1 - d₁)(1 - d₂) = $1000 * (1 - 0.30) * (1 - 0.20) = $1000 * 0.7 * 0.8 = $560.

Evaluate: L(1 - D1)(1 - D2) for L = $1000

Evaluate: L(1 - D₁)(1 - D₂) for L = $1000