Determine the present worth of the winnings
A lottery pays winner $1 million, in 20 equal payments of $50,000. The payments are received at end of the year, and winner's interest rate is 12%. Determine the present worth of the winnings?
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Assume in one year, total revenues from digital sales of pop/rock, tropical (salsa/merengue/cumbia/bachata), and urban (reggaeton) Latin music in a certain country amounted to $26 million.
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A baseball team has won more than 87% (but less than 100%) of its games in a season. Determine the least possible number of games that the team could have played in the season?
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The company would like to select a lot size which minimizes average inventory and set up costs for each day supposing that demand takes place smoothly at the given rate. Formulate and solve this problem as LP.
Assume S(0)=1. Stock goes either up 3% or down 2% each time step with respective probabilities (3/4) and (1/4). Supposing independent if all possible stock prices after five time steps and their probabilites. Determine expexted price after 5 steps
Assume S(0)=1. Stock goes either up 3% or down 2% each time step with the respective probabilities (3/4) and (1/4). Supposing independent if all possible stock prices after five time steps and their probabilites. Determine expexted price after 5
Determine the types of differential equation this is: tyy'+t^(2)+1=0. Select all that apply and explain your answer
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