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azamat
3 years ago
9

Mayer Company received a seven-year zero-interest-bearing note on February 22, 2016, in exchange for property it sold to Reardon

Company. There was no established exchange price for this property and the note has no ready market. The prevailing rate of interest for a note of this type was 7% on February 22, 2016, 7.5% on December 31, 2016, 7.7% on February 22, 2017, and 8% on December 31, 2017. What interest rate should be used to calculate the interest revenue from this transaction for the years ended December 31, 2016 and 2017, respectively?A. 0% and 0%
B. 7% and 7%
C. 7% and 7.7%
D. 7.5% and 8%
Mathematics
1 answer:
Natasha_Volkova [10]3 years ago
5 0

Answer:

Answer is B

7% and 7%

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In a completely randomized design involving four treatments, the following information is provided. Treatment 1 Treatment 2 Trea
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Answer:

Option (b) 36.7

Step-by-step explanation:

Data provided in the question:

                       Treatment 1     Treatment 2     Treatment 3      Treatment 4

Sample Size          50                   18                     10                          17

Sample Mean        32                   36                    42                         48

Now,

The overall mean is calculated as

= \frac{\sum_{i = 1}^{4} n_i X_i}{\sum_{i = 1}^{4} {n_i}}

Here, Xi = Sample mean

n = sample sizes

Thus,

Overall mean

= [ (50 × 32) + (18 × 36) + (10 × 42) + (17 × 48) ] ÷ [ 50 + 18 + 10 + 17 ]

= [ 1600 + 648 + 420 + 816 ]  ÷ 95

= 36.67 ≈ 36.7

hence,

Option (b) 36.7

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