Answer:
her total assets are $422,000
Explanation:
The computation of the total assets is shown below:
Jasmine Smith's total assets is
= Worth of condo + Value of car + Miscellaneous assets + Mutual fund investment
= $340,000 + $27,000 + $8,500 + $46,500
= $422,000
hence, her total assets are $422,000
We simply applied the above formula so that the correct amount could come
Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
Answer:
$0.013
0.010724
Explanation:
Given that :
Mean, m = 36500
Standard deviation, s = 5000
Refund of $1 per 100 mile short of 30,000 miles
A.) Expected cost of the promotion :
P(X < 30,000)
Using the Zscore relation :
Zscore = (x - m) / s
Zscore = (30000 - 36500) / 5000
= - 6500 / 5000
= - 1.3
100 miles = $1
1.3 / 100 = $0.013
b. What is the probability that Grear will refund more than $50 for a tire?
100 miles = $1
$50 = (100 * 50) = 5000 miles
Hence, more than $50 means x < (30000 - 5000) = x < 25000 miles
P(x < 25000) :
(25000 - 36500) / 5000
-11500 / 5000
= - 2.3
P(z < - 2.3) = 0.010724 (Z probability calculator)
Answer:
Explanation:
Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)
rh - periodic interest rate in the home currency
rf - periodic interest rate in the foreign currency
Forward/90 = [1+1%*180/360]/[1+2%*180/360]
Forward = 1.005/1.01 * 90 = 89.55
Forward rate is 89.55 yen/$
