Of fixed-rate, percentage, and triple net leases, which makes financial planning easiest for a business owner?

Mathematics

1 answer:

Shkiper50 [21]1 year ago

6 0

The option that makes financial planning easiest for a business owner is: <u>A: Fixed rate.</u>

<h3>What is fixed rate?</h3>

Fixed rate can be defined as the interest rate charge on loan and does not varies or change but remain the same.

Fixed rate is of paramount as it makes financial planning easiest for a business owner based on the fact that the interest rate does not change.

Therefore the option that makes financial planning easiest for a business owner is: <u>A: Fixed rate.</u>

Learn more about fixed rate here:brainly.com/question/3636923

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the name Joe is very common at a school in one out of every ten students go by the name. If there are 15 students in one class,

kumpel [21]

Using the binomial distribution, it is found that there is a 0.7941 = 79.41% probability that at least one of them is named Joe.

For each student, there are only two possible outcomes, either they are named Joe, or they are not. The probability of a student being named Joe is independent of any other student, hence, the <em>binomial distribution</em> is used to solve this question.

<h3>Binomial probability distribution </h3>

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$