Suppose that you are a student worker in the Statistics Department and agree to be paid by the Random Pay system. Each week the Chair flips a coin. If the coin comes up heads, your pay for the week is $80; if it comes up tails, your pay for the week is $40. You work for the department for 100 weeks (at which point you have learned enough probability to know the system is not to your advantage). Suppose is your average pay for the 100 weeks. Then, has approximately a .

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit

What two things do you consider when evaluating the time value of money

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is