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JS

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Weston Holdings Ltd. loaned $3.5 million to a subsidiary to build a plant in Winnipeg. No payments are required for two years, to allow the operations of the plant to become well established. The first monthly payment of $40,000 is due two years after the date the loan was received. If the interest rate charged on the intercompany loan is 9% compounded monthly, how long (measured from the date of the first payment) will it take the subsidiary to pay off the loan?

On Jun 03, 2024


16 years and 10 months
JS

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A statistics professor posted the following grade distribution guidelines for his elementary statistics class: 8% A, 35% B, 40% C, 12% D, and 5% F. A sample of 100 elementary statistics grades at the end of last semester showed 12 As, 30 Bs, 35 Cs, 15 Ds, and 8 Fs. Test at the 5% significance level to determine whether the actual grades deviate significantly from the posted grade distribution guidelines. A statistics professor posted the following grade distribution guidelines for his elementary statistics class: 8% A, 35% B, 40% C, 12% D, and 5% F. A sample of 100 elementary statistics grades at the end of last semester showed 12 As, 30 Bs, 35 Cs, 15 Ds, and 8 Fs. Test at the 5% significance level to determine whether the actual grades deviate significantly from the posted grade distribution guidelines.   = ______________ Critical Value = ______________ Conclusion: ______________ The actual grades ______________ from the posted grade distribution guidelines. = ______________
Critical Value = ______________
Conclusion: ______________
The actual grades ______________ from the posted grade distribution guidelines.

On Jun 01, 2024


5.889; 9.488; Do not reject H0; do not deviate
JS

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If the U.S. dollar is valued at 0.199271 per Danish krone, how many dollars would a company pay to purchase merchandise from Denmark costing 70,148 Danish krone?​

On May 30, 2024


$13,978.46​