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Most E-ZPass lanes are converted manual toll lanes and must have fairly low speed limits for safety reasons (between 5 and 15 miles per hour (8 and 24 km/h) is typical), so that E-ZPass vehicles can merge safely with vehicles that stopped to pay a cash toll and, in some cases, to allow toll workers to safely cross the E-ZPass lanes to reach booths accepting cash payments.
Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. [2] For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.
A target benefit plan is a type of pension plan that is similar to a defined contribution plan in that it involves fixed contributions, or a fixed range of contributions, which are set independently of a plan's funded position. Benefits are based on affordability projections.
The Otago Daily Times (ODT) is a newspaper published by Allied Press Ltd in Dunedin, New Zealand.The ODT is one of the country's four main daily newspapers, serving the southern South Island with a circulation of around 26,000 and a combined print and digital annual audience of 304,000.
Each cash inflow/outflow is discounted back to its present value (PV). Then all are summed such that NPV is the sum of all terms: = (+) where: t is the time of the cash flow; i is the discount rate, i.e. the return that could be earned per unit of time on an investment with similar risk
The bias decreases as sample size grows, dropping off as 1/N, and thus is most significant for small or moderate sample sizes; for > the bias is below 1%. Thus for very large sample sizes, the uncorrected sample standard deviation is generally acceptable.
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