Answer:
a) $11,940.52
b) $11,956.18
c) $11,966.81
d) $11,910.16
Explanation:
Given:
Investment amount = $10,000
Time = 3 years
Interest rate = 6%
Now,
Amount =
A = total amount
P = principal or amount of money deposited,
r = annual interest rate
n = number of times compounded per year
t = time in years
Thus,
a) compounded semiannually
n = 2
Amount = $10000 × 1.03⁶
or
Amount = $11,940.52
b) compounded quarterly
n = 4
Amount = $10000 × 1.015¹²
or
Amount = $11,956.18
c) compounded monthly
n = 12
Amount = $10000 × 1.00536³⁶
or
Amount = $11,966.81
d) compounded continuously
n = 12
Amount = $10000 × 1.06³
or
Amount = $11,910.16
The correct answer is B. 6 per hour
Explanation:
The term "arrival rate" refers to the number of customers that arrive at a business during a specific time such as an hour or a day. This is determined by how often customers arrive or the time between arrivals. This concept complements the service rate, which refers to the customers that receive a service during a period of time.
In the case presented, it is known the time between arrivals is 10 minutes, this means it is expected every 10 minutes a new customer arrives. Based on this, each hour the business can expect a total of 6 customers as 60 minutes divided by 10 (time between arrivals) = 6 customers. Thus, the rate of arrival is 6 per hour.
Answer:
a. 3
Explanation:
Bank Reconciliation: The Bank reconciliation works with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the company to run smoothly.
There are different transactions because of which the balance of the bank statement and the balance of the cash statement do not match. We adjust the transactions accordingly to match those statements.
Based on the cash balance, there would be three adjusting entries which are given below:
a. Bank service charges
b. Notes collected
c. Interest earned
These adjusting entries are required so that the cash balance should balance with the valid cash balance.
Answer:
b) Mm-hmm, uh-uh, uh-huh.
Explanation:
Full verbatim can be regarded as a transcript which encompass absolutely everything that is been said by the speaker, or just exactly it has been said by the speakers. In this case all the "ums"as well as "uhs" and grammatical/ vocabulary mistakes are included. Therefore, correct form(s) of affirmation for Full Verbatim is here is Mm-hmm, uh-uh, uh-huh.
Answer:
c. 0.1587
Explanation:
Let x represent no of days for the project to complete
Given, E [x] = 214 =
[x] = 10
Now, from CLT, (x - Ц)/б follows
Standard normal distribution
So, P(x ≥ 224) = P [(x - Ц )/б ≥ (224 - 214) / 10
= p ( z ≥ 1)
= 0.15866