Answer:
C. 13.17%
Explanation:
Calculation to determine the effective annual rate of return for this investment
Effective annual rate of return=[10,000/9400]^(12/6)-1
Effective annual rate of return= 13.17%
Therefore the effective annual rate of return for this investment is 13.17%
Answer: increase; increase by more than $100 million
Explanation:
If the government lowers tax rates and tax revenue falls by $100 million, we can expect consumption spending to increase and equilibrium output to increase by more than $100 million.
It should be noted that when there's reduction in tax rate, this implies that there'll be more money available to the households and the firms and this will then lead to more money which can be spent on goods or services. Also, due to this, the equilibrium output will increase as well by more than $100 million.
Answer:
The probability of getting paid more than $6500 in 100 weeks is 0.6%
Explanation:
In this problem, we need to define a probabilty distribution for the money earned.
The 100-week payoff can be expressed as
Being L the numbers of weeks we have low pay and H the weeks we have high pay.
Now, as it is a coin flip, H is a binomial random variable with p=0.5 and n=100
For a total pay off of more than 6500, H has to be
That means that in at least 63 of the 100 weeks we have to get a high pay.
If we compute the individual probabilities we get P(H≥63)=0.006 or 0.6%.
The two career pathways that imogene is best suited for is: National Security and Governance.
<h3>What is National Security and Governance?</h3>
National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.
Based on the scenario given Imogene should go choose National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.
Therefore The two career pathways that imogene is best suited for is: National Security and Governance.
Learn more about National Security and Governance here:brainly.com/question/25375059
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