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1. auraliamontoya says:

d. $1,102.51 to be paid in two years Explanation: To calculate the given problem, we use the following method We are Rate( r) = 5% 0.5 t = 2 Amount =$1,00

The least amount the person needs to have to to 50% of winning and 50% of losing is

= $1,000 × 0.5×2 =$1,102.51