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
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Question

Quizplus · Accepted Answer

The correct evaluation involves substituting the given values into the formula and simplifying. The formula given is L(1 - d₁)(1 - d₂). Substituting the given values, we get $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