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The interest rate is 16% per year and there are 48 compounding periods per year. The principal is $50,000. What is the future worth in 5 years?
Business Economics, Economics
A random sample of 19 college? men's basketball games during the last season had an average attendance of 5,046 with a sample standard deviation of 1,753. a. Construct a 99?% confidence interval to estimate the average ...
Suppose A and B are collectively exhaustive. In addition, P(A) = 0.2 and P(B) = 0.8. Suppose C and D are both mutually exclusive and collectively exhaustive. Further, P(C|A) = 0.7 and P(D|B) = 0.5. What are P(C) and P(D) ...
What's your answer about the equilibrium change from an event which decreases both demand and supply? You don't need to provide graph here. Just describe the curve shifts and how the equilibrium price and equilibrium qua ...
'"Consider the average home mortgage in New Zealand of $283 000 where the standard deviation of the mortgages is $50 000 and home mortgages are normally distributed. If a home is known to be more than $250 000, what is t ...
Consider the following series of payments: Year 0: 20 Year 1: 30 Year 2: 40 Year 3: 10 Year 4: 5 Using an interest rate of 10%: a. What is the present value of this series of payments? b. What is the future value of this ...
One box has 4 cards in it of the same suit numbered 2, 4, 6, and 9. A second box contains 3 cards again of the same suit numbered 2, 3 and 6. One card is drawn at random from each box. Draw the tree diagram showing the c ...
Since this in an empirical question that means that 68% is in the middle and on the outer sides are the difference? The median life span of a mouse is 118 weeks Would you expect the life-span to be normally distributed? ...
A rainstorm in Portland, Oregon, wiped out the electricity in 10% of the households in the city. Suppose that a random sample of 70 Portland households is taken after the rainstorm. Estimate the number of households in t ...
Help me solve the following questions please. 1) Suppose we want to see if American children have higher levels of cholesterol than the average child (i.e., in the entire world - the total population). We find that the p ...
A sample of 184 randomly selected students, found that the proportion of students planning to travel home for Thanksgiving is 0.69. What is the standard deviation of the sampling deviation?
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