3 years ago

What are two things you need to maintain if you assist a person with banking and bill paying?

Business

1 answer:

Anton [14]3 years ago

8 0

Answer:

transaction record and a reconciliation of the transactions

An adequate bank balance and a budget.

Legal guardianship of the person and power of attorney

Your documentation as payee for the person you support and the bankbook

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2 years ago

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2 years ago

Select the correct answer. What is the last and most crucial step in the treatment of alcoholism? A. detoxification B. accepting

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2 years ago

In order to vote in Texas, you must meet which of the following requirements?

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2 years ago

Suppose you have $100 of endowment, and you are offered a chance to buy a lottery which costs $36. The lottery has 43% of chance

Yuliya22 [10]

Answer:

96.02

Explanation:

Lottery's Expected utility = $\sqrt{100}$ = 10

Income in good state = 100 - 36 + G = 64 + G

Income in bad state = 100 - 36 = 64

Probability in good state = 43%

Probability in bad state = 100% - 43% = 57%

Expected utility = Probability in good state x $\sqrt{(64 + G )}$ + Probability in bad state x $\sqrt{64\\}$

10 = 43% x $\sqrt{(64 + G )}$ + 57% x 8

10 = 43% x $\sqrt{(64 + G )}$ + 4.56

10 - 4.56 = 43% x $\sqrt{(64 + G )}$

5.44 = = 43% x $\sqrt{(64 + G )}$

5.44 / 43% = $\sqrt{(64 + G )}$

12.65 = $\sqrt{(64 + G )}$

$12.65^{2}$ = $(\sqrt{(64 + G )})^{2}$

160.0225 = 64 + G

G = 160.0225 - 64

G = 96.0225

G = 96.02

6 0

2 years ago