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You sell your hand-made bracelets on the Internet. For each bracelet sold, you make a profit of $18. For each bracelet thats returned for a
You sell your hand-made bracelets on the Internet. For each bracelet sold, you make a profit of $18. For each bracelet thats returned for a replacement, you make a profit of $5. For each bracelet that is returned for a full refund, you lose $3. What is your expected profit per bracelet if 8% of your bracelets are returned for replacement and 1% are returned for a full refund? Enter answer WITHOUT the $ sign, and round answer to the hundredths place.
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