Niles Is Making an Investment with an Expected Return of 12

question 52

Multiple Choice

Niles is making an investment with an expected return of 12 per cent. If the standard deviation of the return is 4.5 per cent, and if Niles is investing $100,000, then what dollar amount is Niles 95 per cent sure that he will have at the end of the year?

• A) $100,000.00
• B) $104,597.50
• C) $116,500.00
• D) $119,402.50

Recognize the differences in data capacity between the various units of measurement.

Identify the basic elements of data and information processing.

Understand how computers process and represent data and instructions.

Distinguish between data and information.

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Definitions:

Run

To start or execute a program or process in computing.

App

Short for application, referring to a software program designed to perform specific tasks on computing devices.

Quick Reference Bar

A toolbar that provides easy access to frequently used commands and tools within a software application.

App Bar

A graphical control element typically found at the top of an app, containing buttons and icons for frequently used functions.