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vivado [14]
3 years ago
11

You just borrowed $7,500 and are charged a simple interest rate of 8%. How much interest do you pay each year?

Business
1 answer:
Arlecino [84]3 years ago
5 0

Answer:

Interest per year = $600

Explanation:

Given:

Amount invested = $7,500

rate of interest = 8%

Find:

Interest per year

Computation:

Interest per year = Amount invested x rate of interest

Interest per year = $7,500 x 8 %

Interest per year = $600

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An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of tw
solong [7]

Answer:

0.2706 ; 0.05265 ; 0.1353

Explanation:

Given that :

λ = 2

According to the poisson distribution formula :

P(x = x) = (λ^x * e^-λ) / x!

P(x = 1) = (2^1 *e^-2) / 1!

P(x = 1) = (2 * 0.1353352) = 0.2706

P(x ≥ 5) = 1 - P(x < 5)

1 - P(x < 5) = 1 - [p(x = 0) + p(x = 1) + p(x = 2) + p(x = 3) + p(x = 4)]

We obtain and add the individual probabilities. To save computation time, we can use a poisson distribution calculator :

1 - P(x < 5) = 1 - (0.13534+0.27067+0.27067+0.18045+0.09022)

1 - P(x < 5) = 1 - 0.94735 = 0.05265

P(x ≥ 5) = 1 - P(x < 5) = 0.05265

Probability that no emails was received :

x = 0

P(x = 0) = (2^0 *e^-2) / 0!

P(x = 0) = (1 * 0.1353352) / 1 = 0.1353

7 0
3 years ago
Garcia Company reports the following information: Net operating income after taxes $100,000 Before-tax operating income $300,000
Andrew [12]

Answer:

B) $50,000

Explanation:

Cost of Capital is the rate which is required by the capital investment by the shareholders or owners of the business. Residual Income is the portion of net income after paying the investors of the company. This income is reinvested or retained by the business.

Net operating Income after tax = $100,000

Average Invested Capital = $500,000

Cost of Capital = $500,000 x 10% = $50,000

Residual Income = Net Income - Cost of capital

Residual Income = $100,000 - $50,000

Residual Income = $50,000

7 0
4 years ago
With huge amounts of money being invested in securities during the longest and biggest bull market in American history, who beca
const2013 [10]

It should be noted that when the biggest bull market was witnessed, the Golden Sach became involved in joining the feeding frenzy.

<h3>What is a bull market?</h3>

It should be noted that a bull market means a condition of financial market where prices are expected to rise.

With huge amounts of money being invested in securities during the longest and biggest bull market in American history, Golden Sachs joined. They are simply an investment company and saw this as an opportunity to increase revenue.

Learn more about bull market on:

brainly.com/question/25695108

8 0
2 years ago
When thieves use your name and good credit rating to get cash or buy things, they are engaging in Multiple Choice credit mishand
liq [111]

When thieves use your name and good credit rating to get cash or buy things, they are engaging in identity theft.

Identity theft can be define as impersonating another person by making use of that person personal information as their own.

A person using Identity theft can use some else identity to steal from innocent people  after stealing the personal details of the person such as the person name so as to obtain cash or to defraud.

Identity theft is bad as it can damage someone image or reputation as the identity thieve  can use to commit various crime  by pretending to be you.

Inconclusion when thieves use your name and good credit rating to get cash or buy things, they are engaging in identity theft.

Learn more about identity theft here:brainly.com/question/17112484

3 0
3 years ago
If consumption increases, a) the SRAS curve will shift rightward, which will push the price level up. b) the SRAS curve will shi
SSSSS [86.1K]

Answer: Option (d) is correct

If consumption increases, the AD curve will shift rightward, which will increase the price level.

Explanation:

If the consumption increases in an economy as a result there is a rightward shift in the aggregate demand curve. This shift in the aggregate demand curve lead to increase in the price level as well as in the output level.

Because there is more demand in the economy which gives an advantage for the producer to charge higher price.

3 0
3 years ago
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