Answer
D. Credit card A is the better deal over the course of the first 3 months, but credit card B is the better deal over the course of the first year.
Explanation
An Introductory rate is low rate given by credit card companies to its clients as an incentive for card application. An introductory APR with a 0% offer simply means that a person is not required to pay interest on his or her purchase for a particular period of time. Introductory APR could last from 6 to 12 months. For the first 3 month, card A (7.6%) offers a better deal than card B(7.9%). Over the course of the year, card B(22.9%) offers a better deal than card A(23.4%)
Answer:
Convert text into binary. Computers store all characters as numbers stored as binary data. Binary code uses the digits of 0 and 1 (binary numbers) to represent computer instructions or text. Each instruction or symbol gets a bit string assignment. The strings can correspond to instructions, letters, or symbols. In computing, these codes are used for encoding data.
This base-2 or binary numeral system is used in mathematics and computer science. The system represents values using just the two symbols. The values in the binary systems are typically called binary numbers.
In digital electronics and more specifically in digital electronic circuits that use logic gates (with values of 0 and 1), computers use the binary system internally. Computer based devices use the binary system as well with this including mobile phones.
Explanation:
The expected value is the sum of products of probability and value.
.. 0.40*(-$25000) +0.25*($0) +0.35*($25000) = -$1,250
The expected value is a loss of $1250.