Answer:
Principal Invested in Municipal Bonds is $16,000
Principal Invested in Corporate Bonds is $15,000
Step-by-step explanation:
If;
Principal Invested in municipal bonds = a
Principal Invested in corporate bonds = b
then we have;
a + b = $31,000
--------------------------------Equation 1
0.075a + 0.085b = $2,475 ---------------Equation 2
From equation 1 we have;
a = 31,000 - b
By putting the values of a in Equation 2 we get;
0.075 (31,000 - b) + 0.085b = 2,475
2,325 - 0.075b + 0.085b = 2,475
0.01b = 150
b = $15,000
By putting the values of b in equation 1 we get;
a = $16,000
Answer:
The answer is A. 145
Step-by-step explanation:
Hope this helped : )
Answer:
The probability that the product will be successfully launched given that the market test result comes back negative is 0.30.
Step-by-step explanation:
Denote the events provided as follows:
<em>S</em> = a product is successfully launched
<em>P</em> = positive test market result
The information provided is:
P (S) = 0.60
P (P | S) = 0.80
P (P | S') = 0.30
Then,
P (P' | S) = 1 - P (P | S) = 1 - 0.80 = 0.20
P (P' | S') = 1 - P (P | S') = 1 - 0.30 = 0.70
Compute the probability of positive test market result as follows:


The probability of positive test market result is 0.60.
Then the probability of negative test market result is:
P (P') = 1 - P (P)
= 1 - 0.60
= 0.40
Compute the probability that the product will be successfully launched given that the market test result comes back negative as follows:


Thus, the probability that the product will be successfully launched given that the market test result comes back negative is 0.30.
Answer:
5
Step-by-step explanation: i used a calculator and it said 5.099 but just round it up to 5