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kap26 [50]
3 years ago
5

Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $

6,000. With an annual discount rate of 8%, calculate the value today of receiving $6,000 in five years.
Business
1 answer:
Sergeu [11.5K]3 years ago
4 0

Answer:

$4,038

Explanation:

Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the present value of the future cash flows.

Present Value = Future Value  x (1/  ( 1 + interest rate ) ^ number of periods)

Present Value = 6,000 x (1/ ( 1 + 0.08) ^ 5)

Present Value  = 6,000 x 0.68058

Present Value = $4,038

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It is very difficult for small businesses to be successful. The Small Business Administration estimates that 20 percent will dis
Hitman42 [59]

A) Mean and standard deviation of this distribution :

   Mean = 10,  Std = 2.82843

B) Probability of >16 in sample will be bankrupt : 0.01444

C) Probability that exactly 14 will go bankrupt : 0.04986

D) P( x = 7, 9 ) = 0.0878

E) P( x = 7, 15 ) = 0.0757

<h3>Analysis of the Problems </h3>

n = 50

p = 20/100 = 1/5.

q = 4 / 5

Applying binomial distribution to determine the mean and std

A) Mean = E(x) = n * p

                        = 50 * 1/5 = 10

   Standard deviation = \sqrt{np(1-p)}  =  \sqrt{8}  ≈ 2.82843

B) P( x >16 )

∑50k=17P(X=k)=\sum50k=17 \binom{50}{k}( k50​ )4^{50-k} /5^{50} =  0.01444.

C) Probability of ( x = 14 )

P(X=14)=\binom{50}{14} *  4^36 / 5^50  ≈ 0.04986.

Applying the same formula to resolve options D and E

Hence we can conclude that the answers to your questions areas listed above:

Learn more probability : brainly.com/question/25870256

#SPJ1

7 0
2 years ago
Clay's fishing shop's beginning inventory is $70,000 and ending inventory is $36,500. what was clay's average inventory?
mezya [45]

The Average Inventory is set up by adding the Beginning and Ending Inventory together, and then divide it by 2:

 

Avg Inv = (Beg Inv + End Inv) / 2


Avg Inv = (70,000 + 36,500) / 2


Avg Inv = 106,500 / 2

= $53,250


<span>Therefore, the average inventory is $53,250.</span>

5 0
3 years ago
In which type of 19th century organization were businesses combined in order to reduce competition?
Romashka-Z-Leto [24]
Corporations, entities that sold shares of partial ownership in exchange for capital, became more common as the concept of limited liability emerged.
<span>Incorrect Answer(s)</span>
7 0
3 years ago
Read 2 more answers
Which cost flow assumption generally results in the highest reported amount of net income in periods of rising inventory costs?.
Sedbober [7]

FIFO is cost flow assumption that generally results in the highest reported amount of net income in periods of rising inventory costs.

<h3>What is First In, First Out?</h3>

First In, First Out, can be regarded as the  is an asset-management  techniques which is been used in analyzing assets.

With this techniques the asset that is usually disposed first are those that are first gotten, and this is usually done for the purpose of tax, and uses the assumption that there inclusion of old items in  income statement.

learn more about FIFO at :brainly.com/question/24137318

#SPJ1

4 0
2 years ago
Candidates begin campaigning among the elite members of their own parties long before any primaries or caucuses, in a period kno
Soloha48 [4]

Answer:

The correct answer to the following question is invisible primary .

Explanation:

The term invisible primary which is also know as money primary, can be defined as the time period between a candidate expresses his or interest in running for office or give his declaration for running elected office and the beginning of primary season. Here a candidate between this time period would gather support through campaigns and will try to raise funds for the elections.

7 0
3 years ago
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