She will save about $267.27 ($2160.24 - $1892.97) in interest over the course of a year if she transfers her balance to a credit card with an apr of 10.8%, compounded monthly. This problem can be solved using the compounding interest formula which stated as A = P*(1+i)^n. A is the amount affected by the compounding interest, i is the interest rate, and n is the period of time. You must find the amount using the 24.2% and 10.8% compounding interest and find the difference between them.
Answer:
The expected rate of return is 8.65%
Explanation:
The expected return on a stock can be calculated by multiplying the return in each scenario by the probability of that scenario. This will provide the expected value of the return based on all these scenarios. Thus, the rate of return is,
Rate of return = rA * pA + rB * pB + rC * pC
Where,
- r represents the return in each scenario
- p represents the probability of each scenario
The probability of normal state is = 1 - 0.45 - 0.05 = 0.5
Rate of return = 0.13 * 0.45 + 0.06 * 0.5 + (-0.04) * 0.05
Rate of return = 0.0865 or 8.65%
If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.
<h3>What is a Data breach?</h3>
A data breach refers to a safety violation, wherein sensitive, covered or exclusive records is copied, transmitted, viewed, stolen, or utilized by a person unauthorized to do so. Other phrases are accidental facts disclosure, records leak, facts leakage, and records spill.
therefore, If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.
Learn more about Data Breach here:
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Answer:
degree of operating leverage= 4.742
Explanation:
Giving the following information:
Contribution margin 73,500
Net operating income $ 15,500
<u>To calculate the degree of operational leverage, we need to use the following formula:</u>
degree of operating leverage= Total contribution margin / operating income
degree of operating leverage= 73,500 / 15,500
degree of operating leverage= 4.742
