Find the expected value for the monthly income

Q: As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI…

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Q: Apply IRR to project requiring $100m outlay, returning $106m in 1 year when opportunity cost of…

A: Given :Initial Outlay = $ 100 mYear one = $ 106 mPeriod = 1 year

Q: Larry purchased an annuity from N insurance company that promises to pay him $2,000 per month for…

A: $2000 per month for rest of his life. Larry paid $210240 for annuity  From table : For 72 years  :…

Q: IFA3000 is investal al l0% compended undled continuesly,whatis the belonce after 9 years nine

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Q: what is the current yield as a precentage?

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Q: Prinicpal                13,800 Rate %                  9.4 Time                      3 3/4…

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Q: Formula for return on assets

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Q: A bond pays a return (simple interest) of 5% and has a default rate of 3%. This bond is purchased…

A: default rate is 3% but pays a return of 5% Therefore, expected rate of return=5100×1000…

Q: A research study was conducted to examine if a new antidepressant could lower depression for…

A: As per the question, a researcher wants to examine if a new antidepressant could lower depression…

Q: If pricrs increase at a month rate of 1.9% by what % do they inctease in a year

A: Let the cost of the item be 100. The increased price in a month is calculated as follows.…

Q: How much does the risk increase for each year of age advance?

A: The estimated regression equation is  ŷ = -91.8 + 1.077x1 + 0.252x2 + 8.739x3. where x1 represents…

Q: what is gross  monthly for the hourly position?

A: Solution

Q: Prepare a contribution format income statement for last year. (Round per unit computations to 2…

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Q: Find the present value of a continuous income stream of ​$18​,000 per year for 20 years at 2.8​%…

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Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

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Q: wild horse is a fast growing company whose management expects it to grow at a rate of 30 percent…

A: To calculate the dividends for each year based on the growth rates provided, we need to apply the…

Q: An insurance policy is written to cover damage to a luxury sports car. The amount of damage is…

A: Let X denotes the amount (in $) of damage. Given that X~Uniform(0,39000). The pdf of X is…

Q: What are two ways to write the increment of work?

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Q: A man gets a raise of 12% in salary at end of first year and further raises of 16% ,19% and 25% at…

A: The percentage change is calculated using the formula below. Percentage Change=Final value-Initial…

Q: Show that 25% is equivalent to 5 successive increases of 4.56% per year.

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Q: Predict the monthly profit for a month when advertising is $2,100.   Round to the nearest cent

A: The least squares regression line is, y = 2.437 + 1.24x. where y = profit (in $1000s)           x =…

Q: 3) What are retained earnings? Select an answer: the amount of money that a company earns as…

A: Retained earnings: It is the amount of money that is the leftover net income for the business after…

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.