Answer:
Step-by-step explanation:
Money market 20%
Short-term bond 15%
Intermediate-term bond 11%
Long-term bond 5%
High-risk stock 18%
Moderate-risk stock 24%
Balanced fund 7%
a) Here, it can be seen that the probability that the selected individual owns shares in the balanced fund is 0.07
b)
Short-term bond 15%
Intermediate-term bond 11%
Long-term bond 5%
Total 31%
So it can be observed that the probability that the individual owns shares in a bond fund is 0.31
c)
High-risk stock 18%
Moderate-risk stock 24%
Total 42%
So it is observable that the probability of an individual having a shares in a stock fund is 42%. However, if we need to find probability that an indiividual does not own shares in a stock fund: 1 - 0.42 = 0.58
Answer: P = $ 12000
r = 14%
t = 1 (for first year)
I = (P X r X t)/100
∴ I = (12000 X 14 X 1)/100
= 120 X 14
= $ 1680 <---------- (Interest on loan at the end of first year)
∴ Total amount owing at the end of first year = (P + I)
= (12000 + 1680)
= $ 13680
Repayment = $ 7800
Amount still outstanding (at the start of second year) = 13680 - 7800
= $ 5880
Interest on the outstanding amount at the end of second year,
P (new) = $ 5880
r (same) = 14%
t = 1 (for the current second year)
∴ I = (P X r X t)/100
= (5880 X 14 X 1)/100
= 82320 / 100
= $ 823.2 <-------------------------- (Interest on outstanding amount at the end of second year)
Answer:
0.006410256
Step-by-step explanation:
Four shelves were used. Three shelves had exactly 7 cars. The fourth shelf contained had 8.
Here find slope of x=-9 ie m=Tana and then use double intercept formy-y1=m(x,-x1)
