The Following Table of Probabilistic Time Estimates (In Weeks)and Activity

question 55

Multiple Choice

The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project.
Table ZZ
-Using Table ZZ,the expected time to complete the project is

• A)34.17 weeks.
• B)33.23 weeks.
• C)31.00 weeks.
• D)21.67 weeks.

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Definitions:

Unamortized Premium

The portion of the bond premium that has not yet been amortized (expensed) over the life of the bond.

Bonds Payable

Long-term liabilities representing the amount owed by an entity to bondholders.

Face Value

The nominal or dollar value printed on a bond or stock, representing the amount due at maturity for a bond or the value assigned to a stock share at issue.

Effective Interest Rate Method

The effective interest rate method is a technique for calculating the actual interest rate for a loan or financial product over time, considering the effects of compounding.