Business, 19.09.2019 00:00 kprincess16r
Mary decker is suing the manufacturer of her car because of a defect that she believes caused her to have an accident, and kept her out of work for a year. she is suing the company for $3.5 million. the company has offered her a settlement of $700,000, of which mary would receive $600,000 after attorneys’ fees. her attorney has advised her that she has a 70% chance of winning her case. if she loses she will incur attorneys’ fees and court costs of $75,000. if she wins she is not guaranteed her full requested settlement. her attorney believes that there is a 40% chance she could receive the full settlement, in which case mary would get $2 million after her attorney takes his cut, and a 60% chance that the jury will award her a lesser amount of $1,000,000, of which mary would get $500,000. using a decision-tree analysis, decide if mary should sue the manufacturer.
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 18:20, haza1873
Amathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth. thus, if mexico's real gdp per person is growing at 7 percent per year, it will take about 10 years(=70/7) to double. apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about $11,000 per person, while it was about $44,000 per person in the u. s. if real gdp per person in mexico grows at the rate of 5 percent per year: how long will it take mexico's real gdp per person to reach the level that the united states was at in 2005? (hint: how many times would mexico's 2005 real gdp per person have to double to reach the u. s.'s 2005 real gdp per person?
Answers: 3
Business, 21.06.2019 21:00, libi052207
The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)
Answers: 3
Business, 22.06.2019 15:30, jasonoliva13
Careers in designing, planning, managing, building and maintaining the built environment can be found in the following career cluster: a. agriculture, food & natural resources b. architecture & construction c. arts, audio-video technology & communications d. business, management & administration
Answers: 2
Business, 22.06.2019 19:50, ParallelUniverse
Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32
Answers: 1
You know the right answer?
Mary decker is suing the manufacturer of her car because of a defect that she believes caused her to...
Questions in other subjects:
