Business College

A man with $20,000 to invest decides to diversify his investments by placing $10,000 in an account that earns 5.2% compounded continuously and $10,000 in an account that earns 6.4% compounded annually. Use graphical approximation methods to determine how long it will take for his total investment in the two accounts to grow to $35,000. It will take approximately nothing years for his

Answers

Answer 1

Answer:

9.749 years

Explanation:

Given that :

Principal, P = 20,000

Total investment A = 35000

Investment 1:

P = $10,000

Compounded continuously at r = 5.2% = 0.052

A = Pe^rt

Investment B:

P = $10,000

Compounded annually at r = 6.4% = 0.064

A = P(1 + r)^t

Hence, final amount, A on both investment = 35000

A = Pe^rt + P(1 + r)^t

35000 = 10000e^0.052t + 10000(1 + 0.064)^t

Divide through by 10000

3.5 = e^0.052t + 1.064^t

t = 9.749123

t = 9.749 years

Related Questions

Q #2. Consider a closed economy with the following equations C = 200+ 0.16Y₁ I = 800 - 40 r G = 1000 L = 0.5Y - 60 r M/P= 700 tax rate = 0.50 (where, C = consumption, I = investment, G = government spending, L = demand for money, real money supply. Yd= disposable income, Y = output/income, r interest rate) find a) Autonomous spending. A (2 point).

Answers

Explanation:

gifyudtsutfyl wcgimmnkybh hff uh397 y6cwmunw t dlc4n

West College
3880 29 Street NE
CALGARY, ALBERTA, T1Y6B6
TO: Limerick Corp. INVOICE 12-1
2 3880 34 St NW
East Brook, Alberta, July 1, 20XX
Attention: IIene Curan
21 Sessions Scheduled for July $ 42,000.00
G.S.T $ 2,100.00
Due this invoice $ 44,100.00

Answers

The journal entry to record this invoice is :

Date Particulars Debit $ Credit$

July 1 Accounts receivables 44100

To Service revenue 42000

To GST Payable 2100

(To record amount billed to customer)

Magazine access is a document of a commercial enterprise transaction in your commercial enterprise books. In double-entry bookkeeping, you make at least two journal entries for every transaction. because a transaction can create lots of adjustments in a commercial enterprise, a bookkeeper tracks all of them with journal entries.

Magazine access is the act of maintaining or making records of any transactions either financial or non-economic. Transactions are listed in an accounting magazine that indicates a company's debit and credit score balances. The journal entry can encompass numerous recordings, every of that's both a debit or a credit.

An example of a journal entry includes the acquisition of equipment by using us of a wherein the equipment account might be debited, and the cash account may be credited.

Disclaimer: The question is incomplete. Please read below to find the missing content.

Question: How to record this in the invoice

West College

3880 29 Street NE

CALGARY, ALBERTA, T1Y6B6

TO: Limerick Corp. INVOICE 12-1

2 3880 34 St NW

East Brook, Alberta, July 1, 20XX

Attention: IIene Curan

21 Sessions Scheduled for July $ 42,000.00

G.S.T $ 2,100.00

Due to this invoice $ 44,100.00

Learn more about the journal entry here: https://brainly.com/question/14279491

#SPJ1

Journal entry for accounting.

Answers

1. The number of shares outstanding at the end of the period is 19,604 shares.

2. The total paid-in capital is $726,100.

What is the total paid-in capital?

The total paid-in capital is the sum of the total common stock at par value and the paid-in capital in excess (that is, the excess received over the par value).

Data and Calculations:

Par value = $25

Total Common Stock = $490,100 ($230,000 + $127,000 + $53,100 + $80,000)

Number of outstanding shares = 19,604 ($490,100/$25)

Thus, the number of outstanding shares can be determined by dividing the total value of the common stock by the par value.

Learn more about paid-in capital at https://brainly.com/question/13372465

#SPJ1

When a monopolist increases the amount of output that it produces and sells, average revenue.

Answers

Monopolists can increase the amount of output and sell easily because they are in no competition, the revenue is also great as their is no competition the price charged is not challenged by any other organization.

What is Monopoly?

Monopoly is when there is no competition in the market and the seller is the sole seller of the product or service and therefore all the customers in the market purchase products or services from the said organization.

The organization can charge any price for the products or services as there is no competition the prices are not challenged by the other organizations as the sole seller of the commodity is the organization and this sole seller in the entire market is called a monopoly business.

It is difficult to be in a competitive environment but it is comparatively easier being a monopolist.

Learn more about Monopoly at https://brainly.com/question/27373128

#SPJ1

If you buy a house for $150,000 and anticipate that the market value of the home will increase at 5 percent a year, how much will the house be worth in 14 years?

Answers

The house will be worth $296,989.70 after 14 years.

The future worth of the house is computed as

= Present worth x (1 + rate of increase)^time

Given,

= 150,000 x (1 + 5%)^14

= $296,989.70

The present value formula is PV=FV/(1+i)n, where you divide the future value FV by a factor of 1 + I for each period between the present and future dates. Input these numbers in the present value calculator for the PV calculation: The future value sum FV. A number of time periods (years) t, which is n in the formula.

Learn more about problem-solving here: https://brainly.com/question/13818690

#SPJ1

The two most basic inventory questions answered by the typical inventory model are:.

Answers

The two most basic inventory questions answered by the typical inventory model are the timing of orders and order quantity

What is the timing of orders and order quantity?

The time elapsed between the start of a stock replenishment activity and the submission of a requisition or order. The amount of time that passes between the submission of a requisition or order and the shipment of material by the supplying activity is known as timing of orders.

Economic Order Quantity, also known as Economic Purchase Quantity, is the order quantity in inventory management that minimizes overall holding costs and ordering expenses. It is one of the most ancient traditional production scheduling models.

To learn more about timing of orders and order quantity from the given link:

https://brainly.com/question/17087825

#SPJ4

True or False The summer vpk programs are 300 program hours and require one teacher for every ten children

Answers

The correct answer is True, although the program is usually between 200-300 instructional hours

See explanation below

What are the summer vpk programs?

Simply put, the summer vpk programs can be defined as a preparatory program usually between 200-300 instructional hours aimed at preparing children for Kindergarten school.

It should be noted that the summer vpk program is a voluntary service

Learn more about the summer vpk programs here:

https://brainly.com/question/24415530

#SPJ1

When Subway uses selective stores around the country to introduce a new food item, the food item
is in the growth stage of its product life cycle.
Select one:
O True
O False

Answers

Answer: True

Explanation:

Because Subway is getting lot of profit on their selective stores around the country to introduce a new food item and from its growth stage.

XYZ Co. manufactures bicycles. Demand for this year’s model is expected to occur at a constant annual rate of 9200 items. One bicycle costs $165. The holding cost is based on a 6% annual rate, and production setup costs are $420. The manufacturing plant has an annual production capacity of 16000 units. Acme has 280 working days per year, and the lead time for a production run is 3 days. Use the production lot size model to compute the following values:
a) Minimum cost production lot size
b) Number of production runs per year
c) Cycle time
d) Length of a production run
e) Maximum inventory
f) Total annual cost
g) Reorder point

Answers

The business rate is very high which means the mode of the car is very new and the equation is 6(2)^2-6/5

a) The minimum production lot size is 884 units,

b) The number of production runs per year is 10 runs.

c) The cycle time is 30 days (10 x 3)

d) The length of a production run is 3 days.

e) The Maximum inventory is 653 units.

f) The total annual cost is $1,523,180.

g) The Reorder point is 99 units (33 x 3).

What is the production lot size model?

The production lot size model is the same as the economic order quantity model, which is given as the EOQ = square root of: [2(setup costs)(demand rate)] / holding costs

The model shows the production lot size that minimizes total costs.

Data and Calculatiaons:

Annual demand = 9,200 units

Unit product cost = $165

Holding cost = $9.90 ($165 x 6%)

Setup costs = $420

Annual production capacity = 16,000 units

Working days per year = 280 days

Lead time for a production run = 3 days

EOQ = square root of: (2 x $420 x 9,200)/$9.90

= square root of 780,606

= 884 units

Production runs per year = 10 (9,200/884)

Daily demand = 33 units (9,200/280)

Total annual cost = ($165 x 9,200 + 99 x $9.90 + $420 x 10)

= $1,523,180 ($1,518,000 + $980. + $4,200)

Maximum inventory = Reordering Level + Reorder Quantity – (Minimum Consumption x Reorder period)

= 99 + 884 – (33 x 10)

= 653 units

Learn more about the production lot size model at https://brainly.com/question/17276797

#SPJ1

Household production, such as baking bread at home, is not included in gdp because it:.

Answers

Household production, such as baking bread at home, is not included in GDP because it does not involve a market transaction.

What is GDP?

Gross domestic product (GDP) is a monetary indicator of the total market worth of all the finished products that nations create over a certain time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.

The total amount of money spent during a specific time period by firms, consumers, and the government may be used to compute GDP. It may also be determined by adding up the total amount of money that each economic participant has received. The figure represents an estimate of "nominal GDP" under both scenarios.

To learn more about GDP from the given link:

https://brainly.com/question/1383956

#SPJ4

Explain how financial managers can assess the company’s debt structure and determine how reasonable it is.

Answers

The use of debt-to-equity ratio will allow managers to assess the company’s debt structure and determine how reasonable it is.

What is a debt-to-equity ratio?

This refers to the financial ratio of ordinary shareholders' equity and the stake of creditors in a company.

Hence, this use of debt-to-equity ratio will allow managers to assess the company’s debt structure and determine how reasonable it is.

Answers

A company's management and leadership determine success or failure of business. The management and leadership of a company are two of the most important factors that determine its success or failure. Successful businesses hire managers and leaders who understand the organization's vision and know how to put it into action; such leaders can also motivate employees and align them with the company's vision.

According to the National Business Association, the majority of businesses fail due to poor management and a failure to hire professionals in areas where they require assistance. When comparing successful and unsuccessful business ventures, one of the most noticeable differences is the importance and effectiveness of leadership.

To learn more about management, click here.

https://brainly.com/question/14523862

#SPJ1

The least-squares regression line for predicting the ribeye price from the corn price is y = 4.8188 + 1.3103x

Predict the ribeye price in a month when the corn price was $6.63 per bushel

$13.51 per lb
$14.37 per lb
$8.69 per lb
$12.83 per lb

Answers

The price of ribeye is option A. $13.51 per lb using Least Squares Regression

The Least Squares Regression Line is the line that minimizes the sum of the residuals squared. The residual is the vertical distance among the discovered factor and the anticipated factor, and it is calculated with the aid of subtracting.

The regression line is every so often known as the "line of fine fit" due to the fact it's miles the road that suits first-rate while drawn through the points. it is a line that minimizes the gap of the actual rankings from the anticipated rankings.

Ordinary least squares regression is a manner to find the line of satisfactory fit for a fixed of information. It does this by creating a model that minimizes the sum of the squared vertical distances (residuals). The distances are squared to keep away from the problem of distances with a poor signal.

The corn price (x)= $ 6.63

Commodity (ribeye price) = 4.8188 + 1.3103x

= 4.8188 + 1.3103( 6.63)

= 4.8188 +8.687289

= $ 13.506089

= $13.51

Hence the price of ribeye is option A. $13.51 per lb.

Learn more about least-square regression line here:-https://brainly.com/question/3776890

#SPJ1

Transportation is a big part of the logistics picture. Freight can represent 50% of your logistics cost and up to 10-20% of your retail price. In a world of “free shipping” every importer knows that freight is not free. According to statement, discuss the operational factors that effects the transportation modes.

Answers

Some of the operational factors that affect the transportation modes chosen for freighting goods include:

CostService ReliabilityService RegularitySafety.

What are the transportation modes?

Transportation modes refer to the means of transportation. They include:

RailRoadAirMarinePipelinesInter-modal transportation.

However, the choice of a transportation mode is determined by the comparative cost, reliability, regularity, and safety of service.

Thus, when one is considering the choice of a transportation mode, the operational factors must be considered.

Learn more about transportation modes at https://brainly.com/question/9029462

#SPJ1

Two firms Apple and Samsung in the smart phone market have combined demand given by Q = 200 – P . Their total costs are given by TC Apple = 5 Q Apple + Q 2 Apple and TC Samsung = 5 Q Samsung + Q 2 Samsung . If they successfully collude, their total output will be: 45 units

Answers

Based on the profit functions of Apple and Samsung, their output if they successfully collude will be 65 units.

What is the total output if there is collusion?

Because Apple and Samsung are two major producers of smartphones, collusion between them would increase their demand and allow them more control over their pricing.

In order to find out their total output after collusion, solve for their profit functions first.

Apple profit function:

= Price - (5Q - Q²)

= 200Q - Q² - Q(apple)Q(samsung) - 5(apple) - Q(apple)²

= 195Q(apple) - Q(apple)Q(samsung) - 2Qapple²

Samsung profit function:

= Price - (5Q - Q²)

= 195Q(samsung) - Q(apple)Q(samsung) - 2Qsamsung²

When differentiated, the formulas become:

2Qs + 4Qa = 195

4Qa + 8Qs = 390

After differentiating their profit functions, solve simultaneously to find out what their quantities would be to make profit.

This can then be solved simultaneously:

2Qs + 4Qa = 195

4Qa + 8Qs = 390

-6Qs = -195

Qs = 195/6

Qs = 32.5 units

Qa will be:

2Qs + 4Qa = 195

4Qa = 130

Qa = 32.5 units

Add up these units to find the total units between them.

The total units are:

= 32.5 + 32.5

= 65 units

Find out more on collusion at https://brainly.com/question/4052357.

#SPJ1

When the insured knows more about their circumstances than the insurer, there is

A. adverse selection.

B. All of these

C. propitious selection.

D. moral hazard.

E. asymmetric information.

Answers

When the insured party knows more about his or her circumstances than the insurer, then there is: B. All of these.

What is an insurance company?

An insurance company is a business firm that is establish to collect premium from all of the insured for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.

In Economics, when the insured party knows more about his or her circumstances than the insurer, then there is:

Adverse selectionPropitious selectionMoral hazardAsymmetric information

Read more on insurance here: https://brainly.com/question/16789837

#SPJ1

Which of the following practices of dispensing single-service items prevents contamination?

Answers

The best practices of dispensing single-service items is: To Provide individually wrapped ware.

What is contamination?

Contamination is when something is infected which in turn can cause diseases or foodborne illness.

Hence, The best method on how to dispense single-service items so as to prevents contamination is to provide individually wrapped ware.

Learn more about contamination here:https://brainly.com/question/13754321

#SPJ1

Question: You have recently been appointed as a marketing manager for a marketing consultancy firm, and you have been asked to conduct a review of operations in your firm with a view to attracting new clients. In this context you have been asked to produce a brief report that gives details of:

a. Possible internal sources of data that you will refer to in your review of operations using suitable examples.

b. Possible external sources of data that you will refer to in your review of operations using relevant examples.

Answers

This question is about the correct source of data for a Marketing Strategy Report. See the possible list of sources below.

What are the possible internal sources of data that one will refer to in your review of operations?

Sources to be used in this case are statistics relating to sales and marketing data. Examples are;

Demography of existing clientsCurrent Marketing strategies that have been deployed in the past

What are the possible external sources of data that you will refer to in your review of operations?

Business intelligence on the competitionStatistics related to the size of the market.

Learn more about marketing Strategy at;
https://brainly.com/question/25754149
#SPJ1

construction loan avoidable interest

Answers

Avoidable interest serves as one that is used in the estimation of interest without expenditure.

What is an avoidable interest?

Avoidable Interest can be regarded as the computation that can be used to find the interest when trying to avoid expenditures .

To calculate the Avoidable interest , the equation that can be used is

(the weighted average accumulated expenditures ) *( the proper interest rate)

Learn more about avoidable interest at:

https://brainly.com/question/24924853

#SPJ1

is natalie davis actively involved in the decisions of the business woolworths

Answers

Yes.

Natalie Davis was appointed managing Director of Woolworths supermarket on October 2012.

Natalie joined the group in July in 2015 as director of customer transformation food group.

Lands’ end allows customers buying shirts to choose from a variety of fabrics and types of collar and sleeve based on the customer’s specific measurements, capitalizing on new technologies to mass customize its products and services. This is an example of:.

Answers

This is an example of Micromarketing.

What is Micro Marketing?

As the name suggests, micromarketing is marketing on a small scale. It is a form of target marketing as well. That means you deliberately develop material that will speak to your targeted client niche rather than putting out advertisements and content with the intention of appealing to everyone. Micromarketing is far more specialized than standard marketing, and its straightforward definition is "targeted marketing to a niche or particular group."

Therefore, Lands’ end allows customers buying shirts to choose from a variety of fabrics and types of collar and sleeves based on the customer’s specific measurements, capitalizing on new technologies to mass customize its products and services, which is an example of Micro-Marketing.

For more information on Micro-Marketing, refer to the given Link:

https://brainly.com/question/7503238

#SPJ4

Bearcat uses $1,200 of supplies in 2021. Record the adjusting entry for supplies at its year-end of December 31.

Answers

The adjusting entry is to debit "supplies expense" for $1,200 and a to credit "supplies" for $1,200.

What is an adjusting entry?

This refers to the journal entry that occurs at the end of a reporting period to record any unrecognized income or expenses for the period.

Hence, in this case, the adjusting entry is to debit "supplies expense" for $1,200 and a to credit "supplies" for $1,200.

Answers

The term that is not related to good Agricultural management is Ordering supplies and equipment.

What is Agricultural management?

Agricultural management can be regarded as the force that affect soil processes and functions.

This involves the rapid structural as well as the technological developments and new management practices to bring about good yield in production of crops and animal.

Some of the gricultural management practices that are common are;

Tillage and reconsolidationNo-tillage and surface residues Plants and crop rotations.IrrigationManure, and fertilization practices.Grazing management.

It Should be noted that farm management as well as implemention of the decisions are needed in organizion and operation of a farm so as to be able to maximize production as well as profit.

Farm management do utilizes the agricultural economics to get information on prices as well as markets situation.

Learn more about Agricultural management at:

https://brainly.com/question/24230507

#SPJ1

Answer:

A - Getting to work on time

Explanation:

I took the test and got it right.

define formula p(1+i)n-p

Answers

Answer:

Or 1 hp =746 watt. Also, One Horsepower equals to 33,000 lb. ft/min. Horsepower formula is: Horsepower = \frac{Torque × speed}{ ...

Horsepower is a popular imperial unit of power of an engine. It is defined as the work done by a person or machine per unit amount of time. This term of Horsepower was invented by James Watt. It is a unit of power that compares the power of a machine to the muscle power of the horse.

In earlier days it was used to measure steam engine power output compared to the power of draft horses. But later on, its usage was expanded to different types of piston engines, electric motors, turbines, and other machinery.

Horsepower Formula

The formula for Horsepower calculation:

First, we will see some equations to help in calculating the horsepower:

Power = worktime

For the electric motors, we can calculate the power or horsepower from the torque and speed. For example, if we have a motor with 3,000 rpm and 6 in-lbf then the horsepower can be calculated below.

Horsepower = 300×663025

i.e. horsepower = 0.286

Here, 63025 is a constant when using rpm for speed and in-lbf for torque units. 5252 is another common constant if the speed is in rpm and torque is in ft-lbf. If the units are different then first we have to make the unit conversion.

Get the huge list of Physics Formulas here

The derivation of these constants is as follows:

33,000 ft-lbf /min = 1 horsepower.

Though horsepower units is a derivative of the 33,000 ft-lbf / min, it is not critical to understanding how to calculate motor horsepower for speed and torque.

Another common but popular unit of power that motors are rated in is watts. The conversion from watts to horsepower is:

745.7 watts = 1 horsepower

Or 1 hp =746 watt.

Also, One Horsepower equals to 33,000 lb. ft/min.

Horsepower formula is:

Horsepower = Torque×speed5252

With another computation,

Horsepower = weight × velocity(234)2

Solved Examples on Horsepower Formula

Q.1: Determine the horsepower of a vehicle which moves with a speed of 500 revolutions per minute and has a torque of 100 pound-foot.

Solution:

Given parameters in the problem are:

Torque = 100 pound foot

Speed = 500 revolutions per minute

Now we may apply the Horsepower formula as below:

Horsepower = Torque×Speed5252

Substituting the known values, we get

Horsepower = 100×5005252

= 500005252

Horsepower = 9.52 HP

Therefore the horsepower of the engine of the vehicle will be 9.52 HP.

What methods can be used to predict demand for healthcare

Answers

The methods used to predict demand for healthcare are:

percent adjustment, 12-month moving average, trendlineseasonalized forecast. This is further explained below.

What is healthcare?

Generally, the administration of organized medical treatment to individuals or to a community of patients.

In conclusion, there are many other quantitative approaches for predicting, but the four most prevalent methods are the seasonalized forecast, the trendline forecast, the percent adjustment prediction, and the moving average of the last 12 months. The organization's recent historical need served as the foundation for each of these four approaches.

Answers

As the money supply consists of both currency & balances in different accounts, it is used by top financial institution to make economic decisions.

What is a money supply?

This refers to the total amount of money such as cash, coins, balances in bank accounts that are in circulation in a year.

The M1 means the most liquid money that comprised of the currency, traveler’s check, and checking account deposits.

M1 = Currency + traveler check + checking account deposits.

The M2 is broader measure of Ms although it is has a less liquid measure compared to M1 and consists of currency, traveler’s checks, checking deposits, savings accounts, money market mutual funds etc

M2 = M1 + savings accounts deposits + money market mutual funds.

The M3 is broader measure of Ms as it includes M2 money as well as large time deposits, institutional money market funds, short-term repurchase agreements, larger liquid funds etc.

M3 = M1 + Time deposits with commercial banks (Fixed deposits, Recurring deposits).

Answers

Answer: B

Explanation:

The three key actions by the Fed to expand the economy include a decreased discount rate, buying government securities, and a lowered reserve ratio.

2. Mrs Marta is a financial executive with XYZ Enterprises. Although Mrs Msrts has not had any formal training in finance or accounting, she has a “good sense” for numbers and has helped the company grow from a very small company ($500,000 sales) to a large operation ($45 million in sales). With the business growing steadily, however, the company needs to make a number of difficult financial decisions in which Marta feels a little “over his head.” She therefore has decided to hire a new employee with “numbers” expertise to help her. As a basis for determining whom to employ, she has decided to ask each prospective employee to prepare answers to questions relating to the following situations she has encountered recently. Here are the questions.
a. In 2009, XYZ Enterprises negotiated and closed a long-term lease contract for newly constructed truck terminals and freight storage facilities. The buildings were constructed on land owned by the company. On January 1, 2010, XYZ took possession of the leased property. 20-year lease is effective for the period January 1, 2010, through December 31, 2029. Advance rental payments of $800,000 are payable to the lessor (owner of facilities) on January 1 of each of the first 10 years of the lease term. Advance payments of $400,000 are due on January 1 for each of the last 10 years of the lease term. XYZ has an option to purchase all the leased facilities for $1 on December 31, 2029. At the time the lease was negotiated, the fair market value of the truck terminals and freight storage facilities was approximately $7,200,000. If the company had borrowed the money to purchase the facilities, it would have had to pay 10% interest. Should the company have purchased rather than leased the facilities?
b. Last year the company exchanged a piece of land for a non-interest-bearing note. The note is to be paid at the rate of $15,000 per year for 9 years, beginning one year from the date of disposal of the land. An appropriate rate of interest for the note was 11%. At the time the land was originally purchased, it cost $90,000. What is the fair value (Present value) of the note?

Answers

The Present Value of Lease is $6,449,579, the Fair value of the note is $83,055.75 and the cost of credit is 12.12%.

Present Value of Lease and fair value

Year Cash flows PV Factors Discounted cash flow

0-9 800,000 6.75902 5,407,216

10-19 400,000 2.60590 1,042,360

Total 6,449,579

Present Value of Lease = $6,449,579

Purchase price = $7,200,000

Based on the above cash flow the company should lease the facility based on the fact that the present value of cash payment of the amount of $6,449,579 is lower that the purchase price of the amount of $7,200,000.

b. Fair value of the note

Using this formula

Fair value of the note=Amount×PVOA

Let plug in the formula

Fair value of the note=$15,000×5.53705

Fair value of the note=$83,055.75

c. Cost of credit

Using this formula

Cost of credit=Discount/(1-Discount)×360/Allowed payment day-Discounted day

Let plug in the formula

Cost of credit=1/(1-100)×360/30

Cost of credit =1/99×360/30

Cost of credit=0.1212×100

Cost of credit =12.12%

The cost of funds which is 10% is lower than the cost of credit which means that the company should not continue the policy but should instead choose the lease.

Therefore the Present Value of Lease is $6,449,579, the Fair value of the note is $83,055.75 and the cost of credit is 12.12%.

Learn more about Present Value of Lease here:

https://brainly.com/question/13755774

#SPJ1

True or false: Personality tests tend to be the best and most useful way to assess someone's personality due to its objectivity and lower potential for bias/human error.

Answers

This Andrew is True because personality tests tend to be the best and most useful way.

Answer:

True!

Explanation:

By learning and observing different peoples personalities you can often learn how they're going to act in certain situations.

If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold (Cu) is $120 and the loss resulting from that unit if it is not sold (Co.) is $360, which of the following is the probability of the last unit being sold?

Answers

The probability of the last unit being sold is mathematically given as

x Greater than 0.75

What is the probability of the last unit being sold i?

Generally, the equation forthe Probability is mathematically given as

[tex]P= P\leq C_{u}/(C_{u}+C_{o})[/tex]

Therefore

P = 120/(120+360)

P= 120/480

P=0.25

P represents the likelihood that a unit will not be sold, whereas 1-p represents the likelihood that a unit will be sold.

1-p = 1-0.25 = 0.75

In conclusion, The likelihood of the last unit selling should be higher than 0.75