Solve Problem using Excel.
x = (8000000-PV(0.08, 6, -1000000))/PV(0.08,7,0,-1) = $5,787,790.79
You might also like to view...
Are compounds that release nutrients in forms useful to plants called nutrient carriers?
Indicate by YES (Y) or NO (N).
A system consists of two components connected in series. The system will fail when either of the two components fails. Let Tbe the time at which the system fails. Let X1and X2be the lifetimes of the two components. Assume that X1and X2are independent and that each has the Weibull distribution with ? = 2 and ?= 0.2.
a. Find 
b. Find 
c. Explain why the event T > 5 is the same as the event 
d. Find P(T < 5).
e. Let t be any positive number. Find P(T ? t),which is the cumulative distribution function of T.
f. Does T have a Weibull distribution? If so, what are its parameters?
The long-axis isometric drawing is normally used for objects that are tall, such as buildings.
Answer the following statement true (T) or false (F)
A driver carrying hazardous material must make sure that the description of the material lists _____ first.
A. the hazmat class and division B. the ID number C. the proper shipping name D. the quantity of packages or containers