What's the future value of this cash flow stream: $1,200 at the end of year 1, $0 at the end of year 2, and $500 at the end of year 3? the appropriate annual interest rate is 12%. a. $2,055.41 b. $1,858.61 c. $1,955.15 d. $1,906.27 e. $2,005.28?

Historically, 12 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database. the number of customers out of 19 who have an incorrect address in the database is a binomial random variable with n = 19 and 2formula36.mml = 0.12.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of