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Question: Kevin Patrick paid off the loan he took out to buy his car, but once the loan was paid, he continued to deposit $400 on the first of each month in an account that paid 5.4%, compounded monthly. After four years of making these deposits, Kevin was ready to buy a new car. How much did he have in the account?
In the following, the Fourier transform X(j?) is given. Use the tables of Fourier transforms and Fourier transform properties to determine the inverse Fourier.
Suppose that your rich uncle has $1,000,000 that he wishes to distribute to his heirs at the rate of $100,000 per year. If the $1,000,000 is deposited in a bank
The account balance on April 1st is $50.51. On April 15th a payment of $15.00 is made. On April 25th a purchase of $19.27 is made. The annual rate is 18%. What is the finance charge using the previous balance method? What is the new balance?
This question is asking you to compare the likelihood of your getting 4 or more subscribers in a sample of 50 when the probability of a subscription has risen from 0.02 to 0.06.] Talk about the comparison of probabilities in your explanation.
Classify the following descriptions of constraints as bounds, limitations, requirements, proportional relationships, or balance constraints. Each serving of chili should contain a quarter pound of beef.
A local bank reviewed its credit card policy with the intention of recalling some of its credit cards. In the past approximately 5% of cardholders defaulted.
Josh Steele manages a professional choir in a major city. His marketing plan is focused on generating additional local demand for concerts and increasing ticket revenue and also gaining attention at the national level to build awareness of the ens..
Spread of a disease the spread of a highly contagious virus in a high school can be described by the logistic function y = 5000/1 + 1000e-0.8x.
A discrete-memoryless information source is described by the probability vector p = {0.2, 0.3, 0.1, 0.4}.
A biotech company has an effective income tax rate of 40%. Recaptured depreciation is also taxed at the rate of 40%.
Obtain the particular solution of the following differential equation. Use the integration approach.
If a reasonable risk-adjusted discount rate for MRK is 15%, use the constant growth model to calculate the highest P/E ratio aggressive growth-stock investors would be willing to pay for MRK. Would MRK appeal to growth at a reasonable price invest..
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