þ. Let X be the damage incurred (in S) in a certain type of accident during a givenyear. Possible X values are 0, 2000, 4000, and 10000, with possibilities 0.8, 0.1, 0.08,and 0.02, respectively. A particular company offers a $600 deductible policy. What isthe expected amount paid by this company on an accident claim?

Answered: Image /qna-images/answer/7fcfa7ec-e84e-4119-a4a0-1d397d0da9d6.jpg

Answered: þ. Let X be the damage incurred (in S)…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Nn.204. Subject :- Advance mathamatics
1. In what time will Rs. 720 gain as interest Rs. 144 at 4% per annum simple interest. 2. Find the principle which earns Rs. 225 in 6 years at 4 and 1/2% per annum.
A) If your investments earned 4.5% last year but inflation was 1.0%, the real rate of growtth of your investments was _____%. B) If a new car costs $18,000 and loses value at a rate of 20% per year, its value after 3 years is _______.
2.) If $1o00 is depositid at an APR of 4.5%• , the accant to double? how long will it take lor the valve o1+ to
Hw.103.
James has an investment worth $175,609.50. The investment will make a special payment of X to James in 1 month from today and the investment also will make regular, fixed monthly payments of $1,440.00 to James forever. The expected return for the investment is 1.23 percent per month and the first regular, fixed monthly payment of $1,440.00 will be made to James in one month from today. What is X, the amount of the special payment that will be made to James in 1 month? An amount less than $58,600.00 or an anmount greater than $179,600.00 An amount equal to or greater than $58,600.00 but less than $88,950.00 An amount equal to or greater than $88,950.00 but less than $146,400.00 An amount equal to or greater than $146,400.00 but less than $176,000.00 O An amount equal to or greater than $176,000.00 but less than $179,600.00 Com SHEMA
You are the accountant for a company that owns a chain of 18 fast food restaurants in a state which adjusts the minimum wage for inflation. Each restaurant employs 45 workers, each averaging 20 hours per week at the current federal minimum wage, $7.25 per hour.(a)How many hours at minimum wage are paid out each week by the company?hr(b)At the current rate of $7.25 per hour, what is the amount (in $) of the weekly "minimum wage" portion of the restaurant's payroll?$ (c)If the inflation rate this year is 0.7%, calculate the "adjusted" minimum wage rate (in $ per hour) to be paid next year. (Round your answer to two decimal places.)$ per hour(d)How much in "additional wages" will the company have to pay out next year at the adjusted rate (in $)? (Round your answer to the nearest dollar.)$ (e)Suggest some ways that the restaurant chain or other small businesses can offset the increase in payroll and subsequent decrease in profit as a result of the minimum wage hike.
Ex 1. Suppose you invest $404 in a pqr stock at the beginning of the trading day yesterday. The stock decreased 3.56% during the trading day yesterday and 2,43% today. How much money do you have in the pqr stock now? Use any Excel method and put your answer in cell D11. Ex 2. Suppose you deposit $154 in a CD account with the 3.84% APR interest rate. How much money will you have in that account after 16 years? Use any Excel method. Put your answer in cell D13.
1. COVID-19 cases rose in your county from 23 to 47. What is the percentage of increase? 2. Find the simple interest earned on 10,000 invested for 2 years at 7.25%

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