Answers

FA

Answered

In linear optimization,the phrase "cannot exceed" specifies a(n) "________" inequality.

A) >
B) ≤
C) ≥
D) ≠

On Jul 17, 2024


B
FA

Answered

A motorcycle insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for motorcycle insurance.The number of tickets a person has received in the last 3 years is an example of a(n)____________________ random variable.

On Jul 15, 2024


discrete
FA

Answered

A $10,000 eight-year investment earns interest at 12% compounded semi-annually. If it is sold 30 months before maturity to yield 16% compounded quarterly, what is its selling price?

A) $17,161.71
B) $6,755.64
C) $10,719.15
D) $4,219.55
E) $20,009.91

On Jun 16, 2024


A
FA

Answered

Assume a differential rate 12.5 cents for odd lot sales and purchases. Brian purchased 160 shares of PTG stock at $20. Commission charges were $0.20 per share. Compute the total purchase costs.​

On Jun 14, 2024


$3,239.50​
FA

Answered

Refer to the Accounting Firm scenario. Compute the depreciation expense for April 1 through December 31 of the first tax year and all 12 months of the second year.

On May 16, 2024


$2,558.18
FA

Answered

The amount owed on a promissory note for $950 after two years and five months is $1082.11. What monthly compounded nominal rate of interest was charged on the debt?

On May 15, 2024


5.40% compounded monthly
FA

Answered

What monthly payment would be required to pay off a loan of $3,000 at 7.25% compounded monthly over three years?

On May 13, 2024


$92.97