currently, the US interest rate is at 2% annually. how long it will take an investor to make 10% of money from an investment if
1 answer:
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ANSWER
EXPLANATION
We want to find an odds ratio from a given probability, which is
We subtract the numerator 1 from the denominator 4 to obtain
The answer is the number of unfavorable outcomes.
The Odds can then be expressed as
The ratio of favourable outcomes to unfavorable outcomes.
Or
EXPLANATION
We want to find an odds ratio from a given probability, which is
We subtract the numerator 1 from the denominator 4 to obtain
The answer is the number of unfavorable outcomes.
The Odds can then be expressed as
The ratio of favourable outcomes to unfavorable outcomes.
Or