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djyliett [7]
3 years ago
14

A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The custom

er has an elderly widowed aunt who has died, and he estate attorney has contacted him, notifying him that he has been left $100,000 as an inheritance
Business
1 answer:
pychu [463]3 years ago
4 0

Answer:

Money market instruments is the best place for the investment.

Explanation:

Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of  time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.

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"On average, a customer waits 8 minutes in a queue and customers arrive at a rate of 15 per hour. What is the average number of
mote1985 [20]

Answer:

The Answer is A) 2

Explanation:

Drawing details from the question, the formula for calculating Average Waiting Time under the Single -Server Queue Model is given as:

Average  Waiting Time = <u>(Average No of customers waiting in line</u>)  

                                                                        λ

> λ is a mathematical symbol pronounced Lambda and here refers to <em>Rate of Arrival.</em>

> We have Average Waiting Time = 8

> We have λ (Average Rate of Arrival) = 15 People every hour (that is 60 Minutes)

> that is 15/60= 0.25

Therefore λ = 0.25

> Lets assume that Average No. of Customers Waiting in Line is C

Our formula (by substituting the various factors above now becomes

8 = C/0.25

                             

To get, we cross multiply. So we have:

C = 8 x 0.25

C = 2 thefore the Average No. of Customers waiting according to the single-server queue model given the above conditions is 2.

Cheers!

6 0
3 years ago
Although the rate of inflation is only 2 percent, Kayla receives a 6 percent increase in salary. She is nonetheless dissatisfied
aalyn [17]

Answer:

b. outcome fairness

Explanation:

Based on the information provided within the question it seems that Kayla is likely to contend there is a lack of outcome fairness. This term refers to the degree to which an outcome meets the standards that are met. Which is why Kayla is dissatisfied, since the salary increase should always be the same and follow a standard, which is not the case in this scenario since Bob's increase was 3% more.

4 0
3 years ago
Assume there is an increase in Government spending of $10 and the aggregate MPC is 0.8. Of the $8 of income that is received in
Rzqust [24]

Answer:

$50

Explanation:

For computing the amount which is spent on consumption, first we have to determine the multiplier spending which is shown below:

Multiplier spending = (1) ÷ (1 - MPC)

                                = (1) ÷ ( 1 - 0.8)

                                = 1 ÷ 0.2

                                = 5

And, the government spending is $10

So, the consumption amount spent would be

= 5 ×$10

= $50

3 0
3 years ago
In order to produce it’s products, a coffee machine manufacturer relies on timely delivery from its suppliers. Although the comp
myrzilka [38]

Answer: A) meeting a customer's expectations doesn't always lead to brand loyalty.

Explanation:

It is possible to meet the expectations of a supplier and the supplier would still move on if they feel like they would get a better deal somewhere especially if the other supplier meets their expectations even better than the first supplier did.

The company in question preferred that it received its parts all at once and the supplier could not do that but they were still able to supply the goods required. They were therefore meeting expectations but not in an adequate enough manner which is why the company found someone better.

3 0
3 years ago
Steve is deep in debt due to a gambling problem. He is the bookkeeper for a family owned business, Cal Poly Greenery. The compan
PIT_PIT [208]

Answer:

The answer is: D) All of the above.

Explanation:

What Steve just did is not only unethical buy also illegal. Of course he violated the trust placed in him by the owners. They thought they were friends and no one would expect his friend to betray them like this. He doesn´t only risk his reputation if the owners find out, he risks going to jail. With his actions Steve has shown us he doesn´t have any moral integrity.

7 0
3 years ago
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