Answer:
0.0084
Explanation:
For this probability problem, we will have to make use of the normal probability distribution table.
to use the table, we will have to compute a certain value
z = (x- mean) /Standard deviation
z = = 2.39
Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.
<em>To do this, on the "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>
This gives us 0.99916
Thus we have P (Z < 2.39) = 0.9916
We subtract the value obtained from the table from 1 to get the probability required.
1 - 0.9916 = 0.0084
The Probability that the employee has worked at the store for over 10 years = 0.0084
Answer:
The bond is unsecured, doesn't have right to collateral, is called debenture.
Explanation:
The security in this question has a maturity date with stated interest, While, both preferred stocks and bonds would have a guaranteed payment, stocks are ownership in a company and wouldn´t have maturity date, so it can't be a stock.
Maturity dates are relevant to bonds, loans to a company, because that is the date when the bondholder should receive final payment on the face value of the bond. In this case 1.000.
It is difficult to do this interpretation because there may not have been time for the outcome to have developed. For example, in Venezuela right now there is an attempt by part of the opposition to defeat the government through street violence and reverse the social gains of Hugo Chavez and Nicolas Maduro but the dispute still has not been resolved.
Answer:
Power is another source other than inheritance.
Hope this helped you!
Explanation:
Answer:
$28,560
Explanation:
Calculation for the carrying value of the note receivable on Park’s December 31, 2019, balance sheet
Using this formula
Carrying value of note receivable =Present value of the note +(Imputed interest rate ×Present value of the note )
Let plug in the formula
Carrying value of note receivable=$25,500+(12%×$25,500)
Carrying value of note receivable=$25,500+$3,060
Carrying value of note receivable=$28,560
Therefore the carrying value of the note receivable on Park’s December 31, 2019, balance sheet will be $28,560