Answer:
$1,605
Step-by-step explanation:
As, 7% of $1,500 is = $105
So, the investment is = Principcal + Interest.
= $1,500 + $105 = $1,605
Answer:
Step-by-step explanation:
W = 2ZX + 2ZY
W = Z(2X + 2Y)
Z = W/2(X + Y)
Answer:
D
Step-by-step explanation:
They are clearly not the same line since they don't have the same slope. Because they don't have the same slope, they're not parallel either. In order to be perpendicular, the product of the slopes of both lines must be -1. Since 3/4 * 4/3 ≠ -1, they are not perpendicular, leaving us with option D as the answer.
Answer:
Expected return for site A = $9.6 million
Expected return for site B = $12.4 million
according to the above results the company should choose SITE B because it has higher Expected return
Step-by-step explanation:
Given;
For site A,
Site A net if successful = $30 million
Success probability = 0.4
Site A loss if not successful= -$4 million
Probability of not successful = 0.6
For site B.
Site B net if successful = $60 million
Success probability = 0.3
Site B loss if not successful= -$8 million
Probability of not successful = 0.7
To estimate the expected return on an event with outcomes X1 and X2 with probabilities p1 and p2
E = X1(p1) + X2(p2)
Substituting for site A
E = 30(0.4) - 4(0.6)
E = $9.6 million
Substituting for site B
E = 60(0.3) - 8(0.7)
E = $12.4 million
Therefore, according to the above results the company should choose site B because it has higher Expected return