Answer:
$17,214 and $54,606
Explanation:
The computation is shown below:
For 4% inflation free risk rate, the dollar amount would be for 0 year
= Deposit×(1+interest rate^-number of years)
= $31,000×(1+0.04^-15)
= $17,214
For 8% market interest rate, the dollar amount would be for 15 year
= Dollar amount computed ×(1+interest rate^number of years)
= $17,214×(1+0.08^15)
= $54,606
Answer:
$10,427
Explanation:
With a total salary of $14,900, each month an amount is withheld in income tax and state tax of $2,740 and $880.
Hence the amount left after taxes is $11,280.
Now deducting the 6.2% and the 1.45% from the $11,280, Joe is only left with $10,427 as his salary.
Thank You.
Answer:
The probability that neither of both stocks increase is 0,14
Explanation:
The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.
The data we have is the probability that Stock A or B increase, we are looking for the probability that neither occur, so we have to use the complement of each one.
Complement of Stock A =1-0.54=0.46
Complement of Stock B =1-0.68=0.32
If we want to know the probability of both events happening we have to multiply both complements.
Probability that neither of these two events will occur= 0.46 x0.32= 0,1472
The rate of return on an investment is the investors gain or loss on the investment over a period of time.
The putting of the “x” in addition to the code set (CM or
PCS) involved determines what it designates in each condition, but this can be unclear
for those learning the system. Undoubtedly, learning a new code set will show a
test to coders, and consuming multiple meanings for a letter makes it even tougher.
