Answer: the opportunity cost of $600
Explanation:
From the question, we are informed that Tina withdraws $20,000 from her money market account to start up her own house cleaning business and that over that time, the account would have earned 3 percent interest.
In order to properly account for all costs of her business, Tina must not forget the opportunity cost of $600. This is calculated as 3% of $20,000.
The opportunity cost is what Time had to forgoes in order to start her business.
Answer:
The probability that neither of both stocks increase is 0,14
Explanation:
The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.
The data we have is the probability that Stock A or B increase, we are looking for the probability that neither occur, so we have to use the complement of each one.
Complement of Stock A =1-0.54=0.46
Complement of Stock B =1-0.68=0.32
If we want to know the probability of both events happening we have to multiply both complements.
Probability that neither of these two events will occur= 0.46 x0.32= 0,1472
Answer:
b. Art and Performance
Explanation:
Performance art features a presentation to an audience or to onlookers and includes arts such as, poetry, music, acting, dance, and painting. In performance art, artists use their bodies as the medium to perform an action. Often, the artwork revolves around an individual artist but can be collaborative.
Art and performance created by an artist may be presented live or a recording. The artwork can be spontaneous or scripted like what Dean does with language and poetry.
Answer:
Collateral
Explanation:
Collateral <em>is an asset accepted for a loan by a lender as protection. When the borrower fails on the credit payments, the creditor can confiscate and resell the collateral to recover the losses.
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Credits protected through collateral are usually accessible at significantly reduced lending rates than other loans.
The lender's possible explanation to repay the loan on time is convincing.