Niles Is Making an Investment with an Expected Return of 12

question 82

Multiple Choice

Niles is making an investment with an expected return of 12 percent. If the standard deviation of the return is 4.5 percent, and if Niles is investing $100,000, then what dollar amount is Niles 90 percent sure that he will have at the end of the year? (Do not round intermediate computations) .

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

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Definitions:

HRM Practices

Human Resource Management practices involve various activities related to the management of an organization's workforce, such as recruitment, training, and compensation.

Employee Files

Organized collections of records pertaining to employees, including personal information, employment history, and performance evaluations.

Administrative Costs

Expenses related to the general operations of a business, including items like salaries of non-sales personnel, rent, utilities, and office supplies.

Employee Leasing

A staffing strategy where companies contract with a third-party to hire and manage their workforce, often to reduce administrative responsibilities.