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3 years ago

Bank of America customers select their own three- digit personal identification number (PIN) for use at ATMs.

1 answer:

6 0

#1) Think of this as an experiment and list four possible outcomes.

Answer: There are 3 possible outcomes. The first one is for the condition that the first digit cannot be zero and the digits can be repeated: 9*10*10 = 900. The second outcome is if the digits cannot be repeated: 9*9*8 = 648. The last possible outcome is if zero can be the first digit an the numbers can be repeated: 10*10*10 = 1000. Also the probability of Mr. Jones and Mrs. Smith of selecting the same PIN is 1/900.

I hope it helps, Regards.

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A video game system is on sale for 25% off its original price. If the original price is $200, how much money will be saved?

NeX [460]

Answer:

$50

Explanation:

25% = 1/4

200 / 4 = 50

50*3=150, which is 25% off.

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3 years ago

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of th

Klio2033 [76]

Answer:

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of the deposits as reserves. What is the money multiplier in this economy?

D. 10

Explanation:

10% of $25, 000, 000= $2,500,000

Money multiplier in this economy is by 10

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2 years ago

While working in the yard, Tina found a beat-up ring. Becca, an eighteen-year old neighbor, came over to visit and liked the rin

andreev551 [17]

Answer:

The correct answer is letter "B": A gift inter vivos.

Explanation:

A gift inter-vivos refers to the transfer of a property from one party to another while the donor is alive. This transfer must be celebrated through a written agreement providing the beneficiary absolute ownership of the property. In such a case, the donor cannot request the property back and gives up any right over it.

The beneficiary must accept the gift for the transfer to be complete and if the property has value, the beneficiary will accept it as well.

The issue between Tina and Becca relies on not having signed any document for the transfer of the diamond ring but they are involved in an inter-vivos gift.

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3 years ago

John is a self-employed computer consultant who lives and works in Dallas. John paid for the following activities in conjunction

Dominik [7]

Definitely none of these

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2 years ago

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance

kondor19780726 [428]

Explanation:

The computation is shown below:

1. Average operating assets is

= (Opening operating assets + closing operating assets) ÷ 2

where,

Opening operating assets is

= Total assets - Land (undeveloped) - Investment in Buisson, S.A

=$2,020,000 - $180,000 - $250,000

= $1,590,000

And, the closing operating assets is

= Total assets - Land (undeveloped) - Investment in Buisson, S.A

= $2,100,000 - $170,000 - $280,000

= $1,650,000

So, average operating assets is

= ($1,590,000 + $1,650,000) ÷ 2

= $1,620,000

Margin = Net operating income ÷ Sales

= $405,000 ÷ $4,050,000

= 0.1 or 10%

Turnover is

= Sales ÷ Average operating assets

= $4,050,000 ÷ $1,620,000

= 2.5

Return on Investment = Margin ×Turnover

= 0.1 × 2.5

= 0.25 or 25%

3. Residual Income = Net operating Income - (Average operating assets × Minimum required rate of return)

= $405,000 - ($1,620,000 × 15%)

= $405,000 - $243000

= $162,000

3 0

3 years ago