AS
Amgad Samhoury
Answers (2)
AS
Answered
An initial $1,800 investment was worth $2120.31 after two years and nine months.
What quarterly compounded nominal rate of return did the investment earn?
What quarterly compounded nominal rate of return did the investment earn?
On May 23, 2024
9.00% compounded quarterly
AS
Answered
The average wage of Tennessee cashiers is $14 per hour with a standard deviation of $4.20.In Georgia, the average wage of cashiers is $16 with a standard deviation of $4.40.In which state do the wages of cashiers appear to be more dispersed?
On May 21, 2024
The coefficient of variation in Tennessee = 30%.The coefficient of variation in Georgia = 27.5%.Therefore, Tennessee shows a more dispersed distribution.