Answer:
A: 0.1475 , B: 0.3389
Explanation:
a. Probability Refrigerator purchased from store lasts more than 15 years :
Prob(refrigerator purchase from A) and Prob(refrigerator from A life > 15 years) + .........Prob(refrigerator purchase from D) and Prob(refrigerator from D life >15 years)
(0.40x0.1)+(0.25x0.20)+(0.15x0.05)+(0.20x0.25) = 0.04+0.05+0.0075+0.05 = 0.1475
b. Refrigerator last > 15 years given , Probability it is from B :
[ Prob (B Purchase) . Prob (life > 15, given from B) ] / Prob (Life > 15)
P (B/15) = [P(B).P(15/B)] / [P15] {Bayes Theorum}
= [(0.25)(0.20)] / 0.1475 = 0.05 / 0.1475
= 0.3389
Answer:
the internal rate of return is 12%
Explanation:
The computation of the internal rate of return is shown below:
Year Particulars Amount
0 Initial cost -$4,803.6 (C2)
1 Year 1 cash inflows $2,000 (C3)
2 Year 2 cash inflows $2,000 (C4)
3 Year 3 cash inflows $2,000 (C5)
IRR 12.00%
Use this below formula
=IRR(C2:C5)
Hence, the internal rate of return is 12%
Answer:
The correct answer is letter "B": Holders of future interest own only a reversionary interest.
Explanation:
A life estate is a grant provided by the owner of a property to another individual for his or her lifetime. That individual -<em>called the life tenant</em>, is right to use the property at will bound only to waste. The distinguishing characteristics of the life estate imply that <em>holders of future own revisionary or remainder interest</em>, and that <em>the estate could be created by agreement from private parties or by law under prescribed scenarios</em>.
Answer:
Method of authority
Explanation:
Since, Riku is receiving inputs from the CEO for HR practices( which he thinks are perfect). Riku is relying on the Method of Authority.
Method of authority is philosophy in which truth is established through trusted sources or someone in authority such as God , tradition, public saction. The knowledge gained through a trusted source built's confidence and assurance.
What is inflation?
Monetary value of final goods and services produced within a country for a specific time period.
