Business, 18.12.2019 04:31 ptanner706
Consider a taxi station where taxis and customers arrive in accordance with poisson processes with respective rates of one and two per minute. a taxi will wait no matter how many other taxis are present. however, an arriving customer that does not find a taxi waiting leaves. find a. the average number of taxis waiting. b. the proportion of arriving customers that get taxis.
Answers: 3
Business, 22.06.2019 08:20
Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above
Answers: 2
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
Business, 22.06.2019 23:30
The upper-level managers of synergy technology are meeting for the week to look at the long-term company goals and overall direction of the organization. the ceo has expressed her concern over the economy and has told her managers to look closely at the environment outside the organization before making decisions and to be future oriented. in this meeting, top managers of synergy are
Answers: 2
Consider a taxi station where taxis and customers arrive in accordance with poisson processes with r...
History, 28.12.2021 22:20
SAT, 28.12.2021 22:20
Computers and Technology, 28.12.2021 22:20
History, 28.12.2021 22:20
Mathematics, 28.12.2021 22:20
English, 28.12.2021 22:30
Mathematics, 28.12.2021 22:30