Home / Questions / Carls brother owes him money Carl expects to receive $5000 from his brother two
Carl's brother owes him money. Carl expects to receive $5,000 from his brother two years from now. The interest rate is 10% and is expected to remain unchanged for the next two years. There is a 25% chance that Carl's brother will fail to pay him back. What is the expected value of the $5,000 Carl anticipates receiving in two years? Round your answer to the nearest dollar.
A. $2,491
B. $4,033
C. $3,099
D. $4,212
May 23 2018 Read more Less More
Sometimes, the properties of a fiber are determined from the measured properties of a unidirectional lamina. As an example, find the experimentally determined value of th...
Jun 28 2020Why do some managers have difficulties in delegating authority? Of these reasons, which do you think would be the most significant issue for you?
Jul 23 2020Eric Andrews has been investigating the possibility of starting a service that will partner with grocery stores to provide a delivery service for their customers. The ide...
Apr 24 2020How can employers deal with employees that may feel hurt and underappreciated when they are switched to non-exempt. What will the recruiting challenges be? What will th...
Mar 13 2020The speed of sound struck a hard blow. A listener at the other end hears two sounds, one from the wave that travels along the pipe's metal and the other from the wave tha...
Jun 20 2020Is there something unethical about Apple’s “black card strategy”, or does it merely represent good, hard-nosed business? 2. Should Apple offer different training content ...
May 31 2020If u = sinx cos hy+ 2 cos x sinh y find the analytic function u+iv >
Aug 04 2020Vargas, Inc., produces industrial machinery. Vargas has a machining department and a group of direct laborers called machinists. Each machinist is paid $25,000 and can ma...
Apr 08 2020A company has two different products that sell to separate markets. Financial data are as follows:Product AProduct BTotalRevenue$12,000$8,000$20,000Variable cost($7,500)...
Dec 25 2019evaluate 28 ^ 0.5 to four decimal places by numerical iterative method
Aug 02 2020Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.