A New Clothing Store Advertises That During Its Grand Opening $$\begin{array} { | l | l | l | l | l | } \hline 10 & 30 & 10 & 30 & 10 \\\hline 20 & 10 & 50 & 10 & 20 \\\hline\end{array}$$

question 91

Essay

A new clothing store advertises that during its Grand Opening every customer that enters the store can throw a bouncy
rubber cube onto a table that has squares labeled with discount amounts. The table is divided into ten regions. Five regions
award a 10% discount, two regions award a 20% discount, two regions award a 30% discount, and the remaining region
awards a 50% discount. Show your work. $$\begin{array} { | l | l | l | l | l | } \hline 10 & 30 & 10 & 30 & 10 \\\hline 20 & 10 & 50 & 10 & 20 \\\hline\end{array}$$
-What is the probability that a customer gets less than a 20% discount?

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Definitions:

Net Investment

The total amount spent on purchasing new assets and maintaining existing ones, minus any depreciation.

Initial Direct Costs

Expenses directly associated with acquiring or initiating a lease, which can include commissions, legal fees, and other incremental costs.

Unearned Interest Revenue-Leases

Revenue recognized from leasing transactions which has been collected but not yet earned, typically because the service period has not been completed.

Sales-type Lease

A lease agreement in which the lessor effectively transfers ownership and all risks and rewards of the asset to the lessee, resulting in immediate profit recognition.