Answer: $121
Explanation:
The question simply wants us to find the present value of receiving $100 investment two years from now at a 10 percent annual discount rate.
This can be easily solved as follows:
For the first year, the $100 will be worth:
= $100 + ($100 × 10%)
= $100 + ($100 × 0.1)
= $100 + $10
= $110
The worth at the end of the second year will then be:
= $110 + ($110 × 10%)
= $110 + $11
= $121
C. Unclear definitions of goals
Any professional and efficient team will of course want clear definitions of their goals to run well.
Answer:
Noooooooooooooooooooooooooooo Plzzzzzzzzzzzzzzzz don't leave this app Plzzzzzzzzzzzzzzzz
Answer:
Explanation:
To calculate, the binomial distribution formula can be applied
P(X)= nCx * Px * (1 - P)^(n - x)
Random sample of 6 adults:
P(X≥3) = P(X=3) + P(X=4) + P(X=5) + P(X=6)
(6 C 3)0.30^3 * 0.7(6-3) + (6 C 4)0.30^4* 0.7^(6-4) +(6 C 5)0.30^5* 0.7^(6-5) + (6 C 6)0.30^6* 0.7^(6-6) =
0.1852+0.0595+0.0102+0.0007
= 0.2556
[6 C 3 = 6!/(6-3)!3! = 1*2*3*4*5*6/1*2*3*1*2*3, and to calculate others apply to this formula]
The required sample size is 2401 consumers. The .50 is based on the 50% for the worst scenario.
