Answer:
EAR = 8.24%
Explanation:
EAR = (1+APR/n)^n-1
Where n is number of compounding per year = 4
EAR = (1+8%/4)^4 - 1
EAR = (1 + 0.02)^4
EAR = (1.02)^4
EAR = 1.08243216 - 1
EAR = 0.08243216
EAR = 8.24%
The question is incomplete. The complete question is :
The Jackson family is undecided about whether or not to buy a new car. If the probability is .9 that they will buy one, and if the probability is .3 that they will buy a Ford, and if the probability is .4 that they will purchase a car getting more than 20 miles per gallon, what is the probability that they will buy either a car getting more than 20 miles per gallon or a Ford, if all Fords get more than 20 miles per gallon?
Solution :
Given that :
The probability of buying a new car, 
Probability of buying Ford = 0.3
That is, if Jackson family buy a car that is a ford car, 
= 0.27
The probability for getting more than 20 miles per gallon = 0.4
That is if Jackson family buy a car that have more than 20 miles per gallon mileage, 
The conditions
All of the car have more than 20 miles per gallon mileage.
It means that buying a ford car is subset of getting more than 20 miles per gallon.
Therefore, the probability of buying a car either getting more than 20 miles per gallon or ford = 
Therefore,
= 0.36
Thus the probability that Jackson family is buying a car either getting more than 20 miles per gallon or ford is 0.36
Answer:
The number of people employed = 200
The number of people unemployed = 20
The number of people in the labor force = 220
Explanation:
a) Data and Calculations:
Population = 500
Population over age 16 = 400
Persons employed full-or part-time 200
Persons unemployed and actively seeking work 20
Persons who have quit seeking work due to lack of success 10
Part-time workers seeking full-time jobs 30
The number of people employed = 200 (full-or part-time)
The number of people unemployed = 200 (400 - 200)
The number of people in the labor force = employed and unemployed seeking work (200 + 20) = 220
b) A country's labor force is made up of employed persons (full-time or part-time) and persons actively looking for work. Some of the population who are not actively seeking employment may be kept of the labor force because of education or family responsibilities. These persons may return to the labor market later.
Answer: Because they are hard and you definitely need something to show them that you know what you are doing especially in finance bc you are managing people’s money and could go to jail if you don't know the codes and laws and you could really hurt someone financially
Explanation:
Answer:
D. lower than the equilibrium price.
Explanation:
Markets are at equilibrium where demand = supply & demand, supply curves intersect.
Price ceiling is maximum price mandated by the government at which a good can be sold in the market. It is usually below equilibrium price, set to bring necessity goods under affordable price bracket of poor people.
This artificially reduced price creates excess demand or shortage (less supply), because at the lower price - demand is more but supply is less.
For more , refer : brainly.com/question/14580944#
