Because in <u>accumulation of wealth, older people have an advantage</u>.
Explanation:
Older people tend to have more money simply because:
<u>1. they have had longer careers and hence are expected to have better salaries with better positions</u>
<u>2. they have had more time to save up capital and invest.</u>
Every age group chronologically is more able to collect money in their working years. Young people starting their careers are less likely to be able to accumulate wealth to have a worth that much.
Answer:
7 pounds
Explanation:
Let us assume the x for the 1 pound of bluegrass seed and y for the pound of drought resistant seed
Now the first equation would be
x + y = 25 ............................ (i)
we can write
y = 25 - x
Now the second equation would be
2x + 3y = 68 .............................. (ii)
Now put y value in the equation 2
So
2x + 3(25 - x) = 68
2x + 75 - 3x = 68
x= 7
Therefore the bluegrass seed is 7
Now for drought-resistant it would be
7 + y = 25
y = 18
Answer:
$11,457,522
Explanation:
If the full extended warranty costs are $113 per unit replaced, and 20% of the 506,970 units sold will be replaced, then the total warranty costs are:
total warranty costs = total number of units sold x percentage of units that need warranty replacement x cost per unit replaced
total warranty costs = 506,970 units x 20% x $113 per unit = $11,457,52
Answer:
Option D is correct one.
$ 154,200 increase to accumulated other comprehensive income
Explanation:
Foreign currency gain = $41,400
Un-realised gain on its trading securities= $112,800
Increase in Accumulated other comprehensive income= $ 154,200
Answer:
5.139%
Explanation:
P(Xi) = Probability of event Xi
E(X) = Expected value of X
The expected value of this investment is the weighted average of the possible returns:
The standard deviation of this investment is:
This investment has a standard deviation of 5.139%.
