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A friend of yours just bought a new sports car. Her $35,000 car loan is financed at an interest rate of 0.75% per month for 48 months.
How much is the monthly payment of her loan?
Business Economics, Economics
A production system has two spares of a critical component that have average uptime 1/lamba = 1 month. Find the probability that the 3 components (the operating one and the two spares) will last more than 6 months. Assum ...
Noel and Noelle are thriving young professionals. Noel earns $75,000 as a financial planner and Noelle earns $85,000 as an occupational therapist. They have no children. Both Noel and Noelle are covered by an employer sp ...
A study sample was done regarding the association between family history and the risk of developing AD. Exposure were family history of AD and no family history of AD. Outcomes were development of AD or no development of ...
1. What are the modern, firm-based international trade theories? 2. Describe how a business may use the trade theories to develop its business strategies. Use Porter's four determinants in your explanation. 3. What is th ...
If the probability of making a Type I error is decreased, the probability of making a Type-II error: A) also decreases B) remains the same C) increases D) depends on the sample size Which of the following statements is ...
Do you think that the taxicab industry in large cities would be subject to significant economies of scale? Why or why not?
A researcher is interested in comparing the sample of inmates' level of impulsivity to the general population's average level. The researcher has both the sample mean (M = 33.49) and the population mean (µ = 31.7) for th ...
1. A country and an import of that country. What's the reason for that import and who are the winners? Are there any losers? 2. A country and an export of that country. b) What's the reason for that export and who are th ...
What does the term the Ten Principles of Economics and how it's applied to the consumer buying trends?
Using a survey, researchers found that women spend on average $100 a standard deviation of $15 for the Christmas holiday. Find the following probabilities. Assume the variable is normally distributed. a. What is the prob ...
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