True or False: The term “academic training” refers primarily to formal classes taken in school.

You have $1200 to invest in a bank account with an interest rate of 5.5%, compounded monthly. After how many years will your acc

nekit [7.7K]

Sick my ppgghf was fever gmyhrr the centnulPimi I’m

8 0

2 years ago

A fast-food restaurant has determined that the chance a customer will order a soft drink is 0.90. The proba- bility that a custo

azamat

Answer:

(a) The probability that the order will include a soft drink and no fries is 0.45.

(b) The probability that the order will include a hamburger and fries is 0.48.

Explanation:

Let the events be denoted as follows:

S = an order of soft drink

H = an order of hamburger

F = an order of french fries.

Given:

P (S) = 0.90

P (H) = 0.60

P (F) = 0.50

(a)

It is provided that the event of ordering a soft drink and fries are independent.

If events A and B are independent then the probability of event (A ∩ B) is:

$P(A\cap B)=P(A)\times P(B)$

Compute the probability that the order will include a soft drink and no fries as follows:

$P(S\cap \bar F)=P(S)\times P(\bar F)\\=P(S)\times[1-P(F)]\\=0.90\times (1-0.50)\\=0.45$

Thus, the probability that the order will include a soft drink and no fries is 0.45.

(b)

It is provided that the conditional probability that a customer will order fries given that he/she has already ordered a hamburger as, P (F|H) = 0.80.

The conditional probability of an event B given another event A has already occurred is:

$P(B|A)=\frac{P(A\cap B}{P(A)}$

Compute the probability that the order will include a hamburger and fries as follows:

$P(F|H)=\frac{P(H\cap F)}{P(H)}\\P(H\cap F)=P(F|H)\times P(H)\\=0.80\times 0.60\\=0.48$

Thus, the probability that the order will include a hamburger and fries is 0.48.

6 0

3 years ago

As you get older, a Target Date Fund will adjust by…

makkiz [27]

Answer:

The correct answer is letter "B": Decreasing your stocks and increasing your bonds.

Explanation:

Target-date funds are pools of assets employees with a 401(k) retirement account can access. <em>Target-date funds consider stocks as riskier assets than bonds</em>, thus, more stocks than bonds are included in the fund of the employee at first. However, <em>as soon as the date when the employee is to retire approaches, the fund automatically lowers the number of stocks in the employee's account to include more bonds</em>, which are safer securities.

7 0

3 years ago

What is a negative externality? Group of answer choices 1. Harm from economic activity that affects persons not involved in the

alukav5142 [94]

Answer:

Option 1 is correct.

Explanation:

There are two types of externality:

(i) Negative externality

(ii) Positive externality

Negative externality:

Suppose there is an economic transaction initiated between the two partners and this transaction reduces the consumption of third person, then this is known as the negative externality.

For example: Smoking is one of the example of negative externality. Smoking a cigarette is not only present in the consumption bundle of a person who smokes but it also affects the health of the other person who stands near that person. So, it reduces the consumption of non smoker.

3 0

3 years ago

For the following items, specify whether information would be found in the balance sheet, the income statement, the statement of

marissa [1.9K]

1. Amount of bond liability Balance Sheet

2. Description of bond liability. Footnotes

3. Interest rates associated with bond issuances. Balance sheet

4. Interest paid for the period. Profit and Loss Account

5. Maturity dates associated with bond issuances. Balance sheet.

6. Cash interest paid during the period. cash flow statement.

A balance sheet (also known as a balance sheet or management report) is a personal Or a summary of the organization's financial balance. commercial entity.

Assets, liabilities, and equity are listed as of a specific date (such as the end of the fiscal year). A balance sheet is often referred to as a "snapshot of a company's financial position." of the four basic degrees.

learn more about balance sheet here; brainly.com/question/1113933

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8 0

1 year ago