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You are 60 year old, currently, you have $10,000 invested in a lump-sum distribution of $50,000 from a pension plan, which you roll over into an IRA, you continue to make $2,000 annual payments to...

Demand for a product is normally distributed with mean demand equal to 200 units.  There is a 0.95 probability that demand for this produce is between 180-220 units.  Estimate the probability...

Bob and Barbara are 55 and 50 year old, Bob annually contributes $1,500 to Barbara's IRA.  They plan to make contributions until Bob retires at age 65 and then to leave the funds in as long as...

assume the number of customers arriving at canondale dealerships follows a poisson distribution and averages 16.8 every 15 minutes.  what is the probability that 25 customers will arrive in the...

your traditional IRA account has stock of GFH, which cost $2000, 20 year ago when you were 50 year old. you have been very fortunate, and the stock is now worth $23,000. you are in the 35 percent...

Average number of orders which arrive at an e-commerce business is 173 per day.  Assume Poisson assumptions apply, and that orders are received every day of the week.  Compute the probability...

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