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II. Profit Reinvestment T. C. Hardware Store wants to construct a new building at a second location. If construction could begin immediately, the cost would be $500,000. At this time, however, the owners do not have the required 20% down payment, so they plan to invest $2000 per month of their profits until they have the necessary amount. They can invest their money in an annuity account that pays 6%, compounded monthly, but they are concerned about the 3% average inflation rate in the construction industry. They would like you to give them some projections about how 3% inflation will affect the time required to accrue the down payment and the buildingâ€TMs eventual cost. They would also like to know how their projected profits, after the new building is complete, will affect their schedule for paying off the mortgage loan. Specifically, the owners would like you to prepare a report that answers the following questions.
1. If the 3% annual inflation rate is accurate, how long will it take to get the down payment?
Problem: Solve the differential equation using Laplace transform y"+4y'+3y=e-t
Construct a computer simulation model to keep track of the cash flow
Probability: High Risk Apartments. In a local town, there are three separate apartment blocks, A, B and C. Block A contains 10 apartments, of which two contain "High Risk" inhabitants.
The data in the Excel spreadsheet linked below provide information on the nutritional content (in grams per serving) of some leading breakfast cereals.
How wide our confidence interval should be if we want our level of confidence to be 100%? Why?
Consider the two probabilities listed below. Indicate which probability is greater and explain the reasons for your decision. First: The probability that a sample of 25 sixth-graders will have a sample mean of more than 110 words per minute.
A rectangular storage container with an open top is to have a volume of 10m3. The length of its base its twice the width. Material for the base costs of $10 per square meter.
You are asked to find the value of √1-cos A/1+cos A
If we draw one card from a 52 card deck, what is the probability that it is red? That it is a diamond? That it is an ace? That it is the ace of diamonds? Find Gambling Probability
Solve the following linearprogramming model graphically. In addition, write the problem in standard formand do a constraint analysis for the optimal solution.
the number of carbohydrates in grams per 8 oz serving of yogurt for each of a random selection of brands is listed
A sample size of 150 is to be used to test the hypotheses H0: µ = 8.3 vs. Ha: µ ≠ 8.3 where µ is the true average weight of a newborn American baby. Determine the appropriate rejection region with a significance level of alpha = 0.05.
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