Maya opened a savings account that pays 3.75% annual interest compounded semiannually. If she deposited $2,000 into the account and made no other deposits or withdrawals, how much money did she have in the account after 1 year?
$2,075.70
Business
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Why would a company create a knockoff of a product?
What will be an ideal response?
Business
The Poisson probability distribution is a _____ probability distribution.
A. continuous B. discrete C. uniform D. normal
Business
Alabama Industrial Manufacturers (AIM) follows the constant payout ratio dividend policy by paying out 70 percent of earnings each year. This year AIM expects the dividend payment to be 5 percent higher than last year's payment, which was $280,000. What is the amount of net income that AIM expects to generate this year?
A. $294,000 B. $980,000 C. $420,000 D. $686,000 E. $400,000
Business
Mortality tables assume that all people die at age 95
Indicate whether the statement is true or false
Business