Answer:
a. 8%
Explanation:
Expected Return = [(Return*Probability)+(Return*Probability)+(Return*Probability) * 100%]
Expected Return = [{(15%*0.2)+(10%*0.2)+(5%*0.6)} * 100]%
Expected Return = [{(0.15*0.2)+(0.1*0.2)+(0.05*0.6)} * 100]%
Expected Return = [{0.03+0.02+0.03} * 100]%
Expected Return = [{0.08 * 100}]%
Expected Return = 8%
So, Liqin's expected return for fixing up and selling the Corvette is 8%.
Even though I didn't see the video mentioned in the question, banks make most of their money through banking fees and investments.
Answer:
A tire without good traction has less grip on the road.
Explanation:
during inclement weather, especially snow and ice, even if properly inflated, the tire will spin but not move forward & driver will not have control over the vehicle, causing the vehicle to slip sideways into (other traffic, over the side of the road, possibly falling over a steep decent).
Read more on Brainly.com - brainly.com/question/12817926#readmore
I think it’s C but I’m not quite sure about that
Answer:
Fixed-rate
Explanation:
Fixed-rate mortgages are the most common type of home loan. Fixed-rate mortgages are offered in 15- and 30-year fixed-rate terms. Your interest rate will never change, though the principal and interest portion of your monthly mortgage payment will change as the loan amortizes
