A $15,000, 6 percent , 50-day note ,dated November 8, is discounted at 5 percent on November 28, the proceeds of the note would
2 answers:
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Answer:
d)
Step-by-step explanation:
we simplify by doing 7 x 2 = 14
so it is now
to check, we can use a calculator.
7 to the power of 14 = 678223072849
and
7 to the power of 7, squared also = 678223072849
Hope this helps!
Recall that for 
, i.e. a random variable 
following a binomial distribution over 
trials and with probability parameter 
,
So you have
The expected value of is simply 
, while the standard deviation is 
. In this case, they are 
and 
, respectively.
So you have
The expected value of