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3 years ago

PLEASE HELP

2 answers:

8 0

C.open up a savings account with a bank, because she can get interest and earn more money from people getting loans and using her money so she saves and earns money while doing nothing.

Hope This Helps!!

snow_lady [41]3 years ago

6 0

Hey there,

Your correct answer would be "open up a savings account with a bank".

Hope this helps.

~Jurgen

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When making additional business decisions management should consider?

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Maybe how long you’re willing to be committed to that certain job or your goals in life so they are able to take you seriously.

This is just a guess btw but I hope this gave you an idea. :)

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3 years ago

Suppose that a manager is interested in estimating the average amount of money customers spend in her store. After sampling 36 t

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Answer:

The store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66.

Explanation:

In statistics, a confidence interval is the probability that the parameter of a population lies between two set of values when a random sample of the population is drawn for a specific percentage of times. This means that the confidence interval is formed about the whole population not the sample from which it is calculated.

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It should be noted that, for example, 95% confidence level implies that there is a 95% chance that the true mean of the population lies within the calculated confidence interval.

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I wish you the best.

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3 years ago

An existing electrical power line needs to have its capacity increased, and this can be done in either of two ways. The first me

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Answer:

3 years

Explanation:

First method

The PV of the investment can be written as:

PV1 = $15,000 + $32,500/(1+0.06)^n

Second method

The PV of the investment can be written as:

PV2 = $23,000 + $23,000/(1+0.06)^n

After n years both projects will be economically equal. Hence their present value must be equal PV1 = PV2

$15,000 + $32,500/(1.06)^n = $23,000 + $23,000/(1.06)^n

$23,000 - $15,000 = $32,500/(1.06)^n - $23,000/(1.06)^n

$8,000 = $9,500/(1.06)^n

(1.06)^n = $9,500/$8,000

(1.06)^n = 1.1875

Taking log on both sides we get:

nlog1.06 = log 1.1875

n = log 1.1875/log 1.06

n = 0.07463361829/0.02530586526

n = 2.94926166417121

n = 3

So, the answer is 3 years

3 0

2 years ago