Suppose you plan to invest equal amounts of money in each of five business ventures. If...
Suppose you plan to invest equal amounts of money in each of five business ventures. If you have 10 ventures from which to make the selection, how many different samples of 3 ventures can be selected from then 10?
A) 120
B) 60
C) 240
D) 30
Homework Answers
3 ventures can be selected from 10 by 10C3 ways.
10C3 = 10! / [(10-3)! * 3! ]
= 10! / [ 7! * 3! ] .
= 120
Add Answer to:
Suppose you plan to invest equal amounts of money in each of
five business ventures. If...
You plan to invest an amount of money in five-year certificate of deposit (CD) at your...
You plan to invest an amount of money in five-year certificate of deposit (CD) at your bank. The stated interest rate applied to the CD is 12 percent, compounded monthly. How much must you invest if you want the balance in the CD account to be $8,500 in five years? Please explain the formula.
You are planning for your pension plan that you will start to invest money, deposit first...
You are planning for your pension plan that you will start to
invest money, deposit first saving a year from today, deposit last
at 20, and get retired after 20 years. You desire to take an
immediate trip, costing approximately 15000 TL.(t=20) when you
retire, and expect to live 25 more years, for which you need
12000TL each year, starting from one year from retirement. Your
savings will be equal and on annual basis. Savings will earn 10%
annually. a)...
You plan to invest your money either in a Bank CD paying 3% per year or...
You plan to invest your money either in a Bank CD paying 3% per year or a Mutual fund with an expected return of 6%. You have $300,000 to invest for 7 years. How much more money will you have at the end of 7 years if you invest in the Mutual fund? $367,491 $227,682 $198,671 $128,540 $ 82,127 On August 1, you borrow $180,000 to buy a house. The mortgage rate is 7.0 percent. The loan is to be...
A business executive has the option to invest money in two plans: Plan A guarantees that...
A business executive has the option to invest money in two plans: Plan A guarantees that each dollar invested will earn $0.70 a year later, and Plan B guarantees that each dollar invested will earn $2 after 2 years. In Plan A, investments can be made annually, and in Plan B, investments are allowed for periods that are multiples of 2 years only. How should the executive invest $100,000 to maximize the earnings at the end of 3 years? Solver...
d. 12% nominal rate, monthly compounding 2. You plan to invest an amount of money in...
d. 12% nominal rate, monthly compounding 2. You plan to invest an amount of money in five-year certificate of deposit (CD) at your bank. The stated interest rate applied to the CD is 12 percent, compounded annually. How much must you invest if you want the balance in the CD account to be $8,500 in five years? 3. You deposited $1,000 in a savings account that pays 8 percent interest, compounded annually, planning to use it to finish your last...
Five years from today, you plan to invest $4,150 for 10 additional years at 7.3 percent...
Five years from today, you plan to invest $4,150 for 10 additional years at 7.3 percent compounded annually. How much will you have in your account 15 years from today?
Question 9: (2 points) Suppose you have $600 to invest in a savings plan, and you...
Question 9: (2 points) Suppose you have $600 to invest in a savings plan, and you want to compare 4 could invest the money. Find the balance after one year if you deposit all the money into an account that interest each month (this is a simple interest equation where the amount of inte each month). Round answers to the nearest cent Find the balance after one year if you deposit all the money into an account that monthly compounding...
Five years from today, you plan to invest $5,050 for 7 additional years at 7.9 percent...
Five years from today, you plan to invest $5,050 for 7 additional years at 7.9 percent compounded annually. How much will you have in your account 12 years from today?
You receive $20,000 from your grandmother as a graduation gift. You plan to invest this at...
You receive $20,000 from your grandmother as a graduation gift. You plan to invest this at an annual interest rate of 6.5 percent. How much money will you have 10 years now?
Five years from today, you plan to invest $3,700 for 7 additional years at 5.8 percent...
Five years from today, you plan to invest $3,700 for 7 additional years at 5.8 percent compounded annually. How much will you have in your account 12 years from today?' $5,490.37 $7,278.30 $5,994.05 $4,904.90 $5,876.82
You are planning for your pension plan that you will start to
invest money, deposit first saving a year from today, deposit last
at 20, and get retired after 20 years. You desire to take an
immediate trip, costing approximately 15000 TL.(t=20) when you
retire, and expect to live 25 more years, for which you need
12000TL each year, starting from one year from retirement. Your
savings will be equal and on annual basis. Savings will earn 10%
annually. a)...
d. 12% nominal rate, monthly compounding 2. You plan to invest an amount of money in five-year certificate of deposit (CD) at your bank. The stated interest rate applied to the CD is 12 percent, compounded annually. How much must you invest if you want the balance in the CD account to be $8,500 in five years? 3. You deposited $1,000 in a savings account that pays 8 percent interest, compounded annually, planning to use it to finish your last...
Question 9: (2 points) Suppose you have $600 to invest in a savings plan, and you want to compare 4 could invest the money. Find the balance after one year if you deposit all the money into an account that interest each month (this is a simple interest equation where the amount of inte each month). Round answers to the nearest cent Find the balance after one year if you deposit all the money into an account that monthly compounding...
Most questions answered within 3 hours.
-
Anabella Cunningham is 24 years old and single, lives in an
apartment, and has no dependents....
asked 1 minute ago -
Milton, Inc. provides the following income statement for 2019:
Net Sales $240,000 Cost of Goods Sold...
asked 3 minutes ago -
4. A political pollster is conducting an analysis of sample
results in order to make predictions...
asked 5 minutes ago -
ABC analysis is aimed at selection control of materials:
explain
a- True
b- False
asked 4 minutes ago -
PLEASE HELP DEBUG. IN JAVA!
// Beverage selector
// Milk and cola are $3
// all...
asked 6 minutes ago -
Assume customers arrive at a computer repair shop as a Poisson
process with rate of 20...
asked 23 minutes ago -
Consider the following data:
x
−4
−3
−2
−1
0
P(X=x)
0.2
0.3
0.1
0.2
0.2...
asked 30 minutes ago -
Please explain the......
- mechanism for the preparation of isopropyl benzene from
benzene and isopropyl chloride....
asked 28 minutes ago -
Sam Wright believes that the stock market is efficient. Explain
in three (or four) sentences or...
asked 29 minutes ago -
Learning Objective: Evaluate the purpose and contents of the
three major types of information security policies:...
asked 39 minutes ago -
A mixture initially contains A, B, and C in the following
concentrations: [A] = 0.400 M...
asked 40 minutes ago -
Myers Corporation has the following data related to direct
materials costs for November: actual costs for...
asked 44 minutes ago