« previous next »

Author Question: Which of the following decisions has the best average payoff? A) 1-year ARM B) 3-year ARM C) ... (Read 32 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Jun 24, 2018
Which of the following decisions has the best average payoff?
 
  A) 1-year ARM
  B) 3-year ARM
  C) 5-year ARM
  D) 30-year fixed

Question 2

What is the likelihood of finding a price between 3.80 and 3.85 for a gallon of gasoline from a normally distributed population of gas prices? Assume  = 3.78 and  = 0.05.
 
  A) 0.3413
  B) 0.4641
  C) 0.2638
  D) 0.5746


katkat_flores

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Mars's average distance from the Sun is roughly 230 million km (1.5 AU) and its orbital period Mars's average distance from the Sun is roughly 230 million km (1.5 AU) and its orbital period
Why Different Constellations Are Visible at Different Times of the Year Why Different Constellations Are Visible at Different Times of the Year
This 80-year old man in a village in Hubei, China, has slowed down, but he has not retired. He is ... This 80-year old man in a village in Hubei, China, has slowed down, but he has not retired. He is ...
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Dragon Chinese new year 2023 Dragon Chinese new year 2023
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library