Answer: $595
Explanation:
First find the probability of a $2,000 loss.
= 1 - other probabilities
= 1 - 0.6 - 0.05 - 0.13
= 0.22
Expected cost to the publishing company is a weighted average of the costs:
= (0 * 0.60) + (500 * 0.05) + (1,000 * 0.13) + (2,000 * 0.22)
= $595
They have no clean water!
Answer:
Entrepeneur
Explanation:
The entrepeneur is the person that is willing to take the financial risk linked to open up a business with the desire of obtain a profit.
Answer:
The straight-line depreciation method
Explanation:
Under the straight-line method, the depreciation amount is a percentage of the asset value at cost. The percentage is the depreciation rate. It is obtained by dividing one by the number of useful years.
i.e. depreciation rates =1/ useful life x 100.
Since the depreciation rate will be constant, and the asset cost does not change its value, the depreciation amount will be a constant figure throughout the useful life of the asset.
Answer: E) $14,077.16
Explanation:
Purchased in 1948, by 2025, the coins would have been around for;
= 2025 - 1948
= 77 years
Value then was;
= $1 * 50 coins
= $50
Interest rate = 7.6%
2025 value ;
