If a project has an expected completion time of 15 weeks with a variance of 4 weeks, there is a 95% likelihood that the project will be completed by what time?
a. by 17.5 weeks
b. by 16.5 weeks
c. by 15.5 weeks
d. by 14.5 weeks
a. by 17.5 weeks
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A truck is purchased for $35,000 . It has a five-year life and a $5,000 residual value. Under the straight-line method, what is the asset's carrying value after three years?
a. $23,000 b. $17,000 c. $12,000 d. $18,000
Additive manufacturing is often referred to as 3D printing
Indicate whether the statement is true or false
If the inflation rate in the United States is greater than the inflation rate in Britain, other things held constant, the British pound will
A. appreciate against the U.S. dollar. B. depreciate against the U.S. dollar. C. remain unchanged against the U.S. dollar. D. appreciate against other major currencies. E. appreciate against the dollar and other major currencies.
Peter is a 20-year-old college student. His AGI consists of $12,000 interest and dividend income from a trust fund and $4,180 of wages from a part-time job. Compute Peter's maximum IRA contribution:
A. $6,000 B. $0 C. $4,180 D. $3,000