Mathematics, 25.02.2021 14:00 2020IRodriguez385
During the busy season, it is important for the shipping manager at ShipMundo to be able to estimate the time it takes the loading crew to load a truck. The shipping manager has found that she can model the load times using a normal distribution with a mean of minutes and a standard deviation of minutes.
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Frank is lending $1,000 to sarah for two years. frank and sarah agree that frank should earn a real return of 4 percent per year. instructions: a. the cpi (times 100) is 100 at the time that frank makes the loan. it is expected to be 113 in one year and 127.7 in two years. what nominal rate of interest should frank charge sarah?
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