Answer:
Expected value of X = -11.09
Explanation:
Expected profit:
= Probability of winning × Amount she wins
= 0.03 × $180
= 5.4
Expected loss:
= Probability of loosing × Amount she paid
= 0.97 × $17
= 16.49
Let X be amount of money Mary wins or loses.
E(X) = Expected profit - Expected loss
= 5.4 - 16.49
= -11.09
Expected value of X = -11.09
That is expected value of loss of $11.09
Answer:
1969.6%
Explanation:
The computation of the effective annual rate is given below;
Given that
It is been charged $12 for $200 loan for 7 days
So for 7 days,
the nominal interest rate is is
= 12 ÷ 200 × 100
= 6%
Now
(1+r) = (1+0.06)^{52}
(1+r) = 20.696
r = 19.696
= 1969.6%
Answer:
$310,000
Explanation:
Calculation to determine the increase in the current year in net assets with donor restrictions
Using this formula
Net assets current year Increase=Restricted gift by donor+Restricted gift to pay salary+Restricted gift withheld+Unspent income earned
Let plug in the formula
Net assets current year Increase=$75,000+$95,000+$125,000+$15,000
Net assets current year Increase=$310,000
Therefore the increase in the current year in net assets with donor restrictions will be $310,000
OPTIONS:
a. Resources
b. Time
c. Scope
d. Cost
Answer:
a. Resources
Explanation:
Business constraints are factors or any aspect of the business environment that limits the smooth running of a business. They serve as impediments to the actualization of business objectives and goals.
The constraint faced currently by Galaxy is “resources”. The tiles they do procure from Tiles and Floors serve as one of the resources they need in their construction company. Since, the company supplying them these materials has been declared bankrupt and closed down, they are constrained by the unavailability of resources, which they need in their operations
.
Answer: a. Static
Explanation:
A static list is a list of contacts you've gathered over a period of time for a purpose.
