A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time. This distribution has been prepared for Monte Carlo analysis
The first four random numbers drawn are 07, 60, 77, and 49. What is the average service time of this simulation?
A) 12 minutes
B) 13 minutes
C) 13.5 minutes
D) 14 minutes
E) 54 minutes
C
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Morgan Company issues 9%, 20-year bonds with a par value of $700,000 that pay interest semiannually. The amount paid to the bondholders for each semiannual interest payment is.
A. $63,000. B. $28,000. C. $350,000. D. $31,500. E. $56,000.
Transfer warranties cannot be disclaimed with respect to checks
Indicate whether the statement is true or false
A ninety percent learning curve is steeper than an eighty percent learning curve
Indicate whether the statement is true or false.
A detailed accounting that buyers and sellers receive at closing is pursuant to
a. state law. b. federal law. c. the contract of sale. d. local custom.