Suppose you toss a coin and will win $9 if it comes up heads. If it comes up tails, you toss again. This time you will receive $18 if it comes up heads. If it comes up tails, toss again. This time you will receive $36 if it is heads and nothing if it comes up tails. What is the mathematical expectation for this game?

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify:

Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.