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Little john has inherited $100,000 for his relatives estate. He will invest the money for 2 years. His is considering two investments: a money market fund that pays a guaranteed 5.8% interest compounded daily and a 2-year Treasury note at 6% simple interest. How much interest does each option return? Which investment pays the most interest over the 2-year period?
At the end of every 3 months, Marylan deposits $100 into an account that pays 4% compounded quarterly. After 2 years, she puts the accumulated amount into a certificate of deposit paying 7.5% compounded monthly for 1 year. When this certificate matures, how much will Marylan have accumulated? How much interest was earned overall?
in 2004 a sample of 250 household in ny showed that 62 paid their monthly phone bills by debit card. in 2009 a sample
A company is selecting twelve of its forty employees to lay off. How many different ways can such a selection be made, if the order of choice is unimportant?
Banks and others have an interest in not having these checking-cashing businesses be HDCs because banks often end up eating the liability. On the other hand, many argue that they provide a service for those without established credit. Others arg..
Preservation of sign. Let be a continuous function from a metric space (X, d) to R, with the usual metric. Prove (directly) that the set {x ? X; (x) > 0}.
A large commercial farm needs 43,500 pounds of potash, 83,500 pounds of nitrogen, and 31,000 pounds of phosphoric acid. Three brands of fertilizer, Growrite, MiricalMix and GreatGreen, are available and contain the amounts of potash, nitrogen and ..
In a simple graph, must every vertex have degree that is less than the number of vertices in the graph? Why?
Do you think mark-ups are warranted based on your understanding of what goes into making the product available for final purchase? What would be a benchmark or set of criteria that would justify if the mark up is fair?
Mark Kozlowski earns $14.27 per hour and worked 55 hours in one weekly pay period. What is his gross pay?
Find the equilibria algebraically. Apply the Stability Test/Slope Criterion A each of the equilibria you found in (a). What can you conclude?
Draw a graph that models the swimmer's depth below the water's surface over time.
Without assuming that the population variance is known, test the null hypothesis that the population mean weight of active ingredient per tablet is 5 grams. Use a two-sided alternative and a 5% significance level. State any assumptions that you ..
An author is to be paid royalties for publishing a book. Two alternative offers are made: The author can be paid $21 000 immediately.
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