One person won $ 3,000 on their first lottery bet. Fifteen days later he returned to play

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One person won $ 3,000 on their first lottery bet.

Fifteen days later he returned to play and won another $ 2,500. Excited about her good luck, she decided to bet $ 100 every 15 days on a constant basis for a certain time.

After 21 consecutive fortnightly bets without getting any prize, he decided not to bet anymore.

Determine the rate of return this person earned by entering the gaming world let the calculation be at hand, excel no.

Related Book For answer-question

Modeling the Dynamics of Life Calculus and Probability for Life Scientists

ISBN: 978-0840064189

3rd edition

Authors: Frederick R. Adler

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Posted Date: Jul 14, 2020 05:45 AM

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One person won $ 3,000 on their first lottery bet. Fifteen days later he returned to play

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Modeling the Dynamics of Life Calculus and Probability for Life Scientists

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