Alex Xu on Twitter: "/1 Why is the credit card called “𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐩𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐥𝐞 product in banks”? How does VISA/Mastercard make money? The diagram below shows the economics of the credit card
![SOLVED: Return to the credit card scenario of Exercise 14, where A={ MasterCard } P(A)=.5, P(B)=.4, and P(A ∩ B)=.25 . Calculate and interpret each of the following probabilities (a Venn diagram SOLVED: Return to the credit card scenario of Exercise 14, where A={ MasterCard } P(A)=.5, P(B)=.4, and P(A ∩ B)=.25 . Calculate and interpret each of the following probabilities (a Venn diagram](https://cdn.numerade.com/ask_previews/bdc9ca4a-7d74-4fac-bc91-d367caac26df_large.jpg)
SOLVED: Return to the credit card scenario of Exercise 14, where A={ MasterCard } P(A)=.5, P(B)=.4, and P(A ∩ B)=.25 . Calculate and interpret each of the following probabilities (a Venn diagram
![Amazon.com : Printed on Adhesive Side, Outdoor/Indoor (4 Pack) 3.5"x3.5" - We Accept All Major Credit Cards: Visa, MasterCard, Amex, Discover - Store Shop Cashier Payment Notice Sign Adhesive Vinyl Label Sticker : Amazon.com : Printed on Adhesive Side, Outdoor/Indoor (4 Pack) 3.5"x3.5" - We Accept All Major Credit Cards: Visa, MasterCard, Amex, Discover - Store Shop Cashier Payment Notice Sign Adhesive Vinyl Label Sticker :](https://m.media-amazon.com/images/I/61DZjA1SiBL.jpg)
Amazon.com : Printed on Adhesive Side, Outdoor/Indoor (4 Pack) 3.5"x3.5" - We Accept All Major Credit Cards: Visa, MasterCard, Amex, Discover - Store Shop Cashier Payment Notice Sign Adhesive Vinyl Label Sticker :
![Macro MasterCard in Hand of Man Close-up on Background of Visa B Editorial Stock Photo - Image of rich, cash: 99462783 Macro MasterCard in Hand of Man Close-up on Background of Visa B Editorial Stock Photo - Image of rich, cash: 99462783](https://thumbs.dreamstime.com/z/berlin-germany-september-macro-mastercard-hand-man-close-up-background-visa-bank-cards-euro-banknotes-money-macro-99462783.jpg)