Which sign is possible in an alternative hypothesis?
a. >
b. <
c. ?
d. All of these signs are possible
d
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$1 million is invested at 6% for 10 years. How much additional proceeds is earned if the rate is compounded (annually) compared to simple interest?
a) $600,000 b) $1,190,848 c) $1,790,848 d) $190,848 e) $204,001
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In determining the amount of money you will need for retirement, you should consider all of the following except
A) your personal needs and who else you will be supporting. B) the expected cost of living due to inflation. C) the number of years you expect to live while retired. D) inheritance from your children.
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