The ending balance will be $9.50
Option b
<u>Explanation:</u>
Given:
Principal amount = $100
Annual interest rate = 6%
Compounding is semi-annual
To find: The ending balance
Balance after 6 months = 100+0.06*100/2 = $103
Hence, balance remaining after withdrawal of $100 = $3
Remaining periods =
Balance after 20 years = Future Value (0.06/2,39,0, -3) = $9.50
Answer:
The statement is not an express warranty, because it doesn't involve a negotiation of terms between Salazar and Mitsubishi. It is an employee of the company that imploy Salazar to bring the car should the car gives problem, and didn't involve an agreement between the two parties ( Salazar and Mitsubishi)
Explanation:
What is express warranty?
An express warranty arises from the parties’ negotiations in a sales transaction. Express warranties are often included in the written terms of a contract. An “express” warranty by a seller is created by:
Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.
Any description of the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the description.
Any sample or model, which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the sample or model.
An express warranty may be created even if the seller does not use formal words such as “warranty” or “guarantee,” and even if the seller does not have a specific intention to make a warranty. However, an express warranty is not created merely because the seller makes a statement as to the value of the goods, or as to seller’s opinion of the goods. Generally, statements made by a seller during the course of contract negotiations are treated as statements of fact, unless it can be shown that the buyer could only have reasonably considered the statement to be an opinion.
Answer:
4.845%
Explanation:
Expected return X = 0.40 * 7.38% + 0.60 * 17.27%
Expected return X = 0.02952 + 0.10362
Expected return X = 0.13314
Expected return X = 13.314%
Particulars Prob. Return(x) (x-Xbar) (x-Xbar)^2 Prob*(x-Xbar)^2
Recession 40% 7.38% -5.9340% 0.3521% 0.1408%
Recovery 60% 17.27% 3.9560% 0.1565% <u>0.0939%</u>
Sum <u>0.2347%</u>
Standard deviation = 
Standard deviation = 
Standard deviation = 0.0484458461
Standard deviation = 4.845%
Answer:
I can't exactly draw a picture here for you, but this is the closest thing
Explanation:
Transparency is an image, text, or positive transparent photograph printed on transparent plastic or glass, able to be viewed using a projecter.
