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a)Assume you just deposited $1,000 into a bank account. The interest rate on your deposit is 8% and inflation is expected to be 6% over the next year.
b) What is the real interest rate you expect to earn on your deposit over the next year?
c) How much money will you have at the end of one year?
d) If you are saving to buy a new surf board that currently sells for $1,050, will you have enough money to buy it next year?
The area under the standard normal curve between 0 and 2 is twice the area under area between 0 and 1.
I survey 50 potential consumers regarding their interest in the product, 34 express an interest in purchasing it. The maximum price each would be willing to pay is shown below.
The purchase of a coin-operated laundry is being considered by a potential entrepreneur. The present owner claims that over the past 5 years the average daily revenue has been $675 with a standard deviation of $75.
What is the probability a randomly selected student is full-time or enrolled in a math course but not both?
what are the steps in the construction
a. Consider how the low response rate could bias the results of this study.
When Billionaires Made Their First Million The histogram shows frequencies for the ages of 17 billionaires when they made their first million listed at inc.com.
If the age at which babies develop the ability to walk can be described by a Normal model, find the parameters (mean and standard deviation).
question response time at an online site can be modeled with an exponential distribution with a mean service of 5
We desire that the system have a small steady-state error for a ramp input so that Kv = 100. For stability purposes, we desire a gain margin of 10 dB or greater and a phase margin of 40° or greater. Determine a lead-lag compensator that meets thes..
If we randomly select 27 persons who have died in an accident, what is the probability that 12 persons are pedestrians?
What is the probability that if you randomly select a student on campus, this is student is male OR majoring in business?
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