A bank's IT department is evaluating the availability of its Core Banking System over a 30-day month. The system is expected to run 24 hours a day. During this month, the system experienced 12 hours of total downtime (4 hours scheduled maintenance, 2 hours network failure, and 6 hours software bug). Calculate the system's uptime percentage (rounded to two decimal places).

Vincent is preparing a cash budget for July. His credit sales are as follows: - April (actual): $40,000 - May (actual): $30,000 - June (actual): $20,000 - July (estimated): $25,000 His debt collection pattern is: - 20% in the month of sale - 60% in the prior month's sales - 10% in the sales two months prior - 10% is irrecoverable How much cash is Vincent expected to collect from credit customers during July?

A retail banking analyst is calculating the Customer Lifetime Value (CLV) for a young professional onboarded in 2025 based on the following projected data: 1. Annual profit from Savings Account: 2,000 units 2. Annual profit from Credit Card usage: 5,000 units 3. Annual profit from Personal Loan (expected for the first 3 years only): 10,000 units per year 4. Annual profit from Cross-selling Insurance: 3,000 units 5. The customer is expected to stay with the bank for a total duration of 10 years. 6. The Cost of Acquisition (marketing, onboarding) was a one-time expense of 5,000 units. 7. Assume a discount rate of 0% for simplicity (ignore time value of money). What is the estimated CLV for this customer?