First, the value of each share rose by 2. So we have +2.
Then it fell by 5. So we have
2 - 5 = -3
Each share has a net value of negative 3.
Dave owns 15 shares. So,
15 * (-3) = -45.
So, there is a net loss of $45.
Answer:
1. What is the probability that they will lose both contracts?
probability of losing both contracts = (1 - 40%) x (1 - 65%) = 21%
2. What is the probability that they win only one contract?
probability of winning 1 contract = 1 probability of winning both contracts - probability of not winning any contract = 1 - 21% - 26% = 53%
3. What is the probability that they win both contracts?
the probability of winning both contracts = probability of winning first contract x probability of winning second contract = 40% x 65% = 26%
Answer:
Instructions are listed below
Explanation:
Giving the following information:
You are saving to buy a $188,000 house. There are two competing banks in your area, both offering certificates of deposit yielding 7.3 percent.
Bank A:
initial investment $105,000
n=[ln(FV/PV)]/ln(1+r)
n=[ln(188000/105000)]/ln(1+0.073)= 8.26 years
Bank B:
Effective rate= 0.073/12= 0.0061
n=[ln(188000/105000)]/ln(1+0.0061)= 95.78 months/12= 7.98 years
Here is the answer that completes the statement above.
Regarding the situation of Toby who runs a small deli downtown, if he is already maximizing his profits, therefore, we can say that the number or amount of delis will soon increase or rise. Hope this answers your question.
Answer:
New media marketing centers on promoting brands and selling products and services through established and emerging online channels, harnessing these elements of new media to engage potential and current customers.
Explanation:
