Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes.
A. 7.12%
B. 7.49%
C. 7.87%
D. 8.26%
E. 8.67%
Answer: B
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Jemma is targeting a new tennis racquet to tennis enthusiasts with professional occupations who have annual household incomes above $250,000 and graduate degrees. Her target audience likely falls into the ________ level of social class, which includes about 14 percent of people in the United States.
A. middle B. white collar C. lower D. innovator E. upper
A strategy for increasing sales of an established brand is to use promotions that attract nonusers of the product category or users of a competing brand.
Answer the following statement true (T) or false (F)
Which of the following is an appropriate null hypothesis?
A. The proportion of a population is equal to 60. B. The proportion of a sample is equal to 60. C. The proportion of a population is not equal to 60. D. All of these choices are true.
The constraint 5x1 ? 2x2 ? 0 passes through the point (20, 50)
a. True b. False Indicate whether the statement is true or false