Calculate the present value of the following annuity streams:

a. $5,000 received each year for 7 years on the last day of each year if your investments pay 7 percent compounded annually.
b. $5,000 received each quarter for 7 years on the last day of each quarter if your investments pay 7 percent compounded quarterly.
c. $5,000 received each year for 7 years on the first day of each year if your investments pay 7 percent compounded annually.
d. $5,000 received each quarter for 7 years on the first day of each quarter if your investments pay 7 percent compounded quarterly.
  
(For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))

Task 3. Falling distance

When an object is falling because of gravity, the following formula can be used to determine

the distance the object falls in a specific time period:

d=(1/2)gt2

The variables in the formula are as follows: d is the distance in meters, g is 9.8, and t is the

amount of time, in seconds, that the object has been falling.

3.1.     Create a method: FallingDistance

Parameters:           t, object’s falling time (in seconds). t may or may not be an integer value!

Return value:         the distance, in meters, that the object has fallen during that time interval

Calculations:          Use Math.Pow() to calculated the square in the formula

3.2.     Demonstrate the method by calling it from a loop that passes the values 1 through 20 as arguments, and displays each returned value.

** JAVA PROGRAM **

On January 1, 2017, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2017.

The ending raw materials and finished goods inventories at December 31, 2016, follow the same percentage relationships to production and sales that occur in 2017.  3 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $ 5 per pound.

Prepare a production budget by quarters for the 6-month period ended June 30, 2017.

Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2017.

A rock is dropped from the top of a tall tower. Half a second later another rock, twice as massive as the first, is dropped. Ignoring air resistance,

According to the theory of liquidity preference, the opportunity cost of holding money rises when the interest rate rises, so people desire to hold more of it.

Select one:

True

False

In the long run, changes in government spending can affect prices, output, and unemployment rates if the spending programs alter the availability of natural resources, capital equipment or technology

Select one:

True

False

According to liquidity preference theory, the money supply curve is vertical because the Fed can dictate the quantity of money supplied by engaging in the purchase and sale of government bonds.

Select one:

True

False

An increase in the interest rate induces firms to borrow less, which will result in less investment spending and a decrease in the aggregate demand for goods and services.

Select one:

True

False

A lower price level leads to lower money demand, lower money demand leads to lower interest rates, and a lower interest rate increases the quantity of goods and services demanded

Select one:

True

False

Consider the hypothetical example of Dominion Island that has firms producing only two goods, gold and cotton, the proceeds of which it uses to purchase other goods and services from neighbouring islands through its banks. Assuming that all other required institutions in an economy are prevalent in this island, discuss the circular flow of income and spending in Dominion Island. No diagram is required.

Consider the hypothetical example of Dominion Island that has firms producing only two goods, gold and cotton, the proceeds of which it uses to purchase other goods and services from neighboring islands through its banks. Assuming that all other required institutions in an economy are prevalent in this island, discuss the circular flow of income and spending in Dominion Island. No diagram is required.

Consider the hypothetical example of Dominion Island that has firms producing only two goods, gold and cotton, the proceeds of which it uses to purchase other goods and services from neighbouring islands through its banks. Assuming that all other required institutions in an economy are prevalent in this island, discuss the circular flow of income and spending in Dominion Island. No diagram is required.

consider the hypothetical example of Dominion Island that has firms producing only two goods, gold and cotton, the proceeds of which it uses to purchase other goods and services from neighbouring islands through its banks. Assuming that all other required institutions in an economy are prevalent in this island, discuss the circular flow of income and spending in Dominion Island. No diagram is required.

Morrisey & Brown, Ltd., of Sydney, Australia, is a merchandising firm that is the sole distributor of a product that is increasing in popularity among Australian consumers. The company’s income statements for the three most recent months follow:

(Note: Morrisey & Brown, Ltd.’s Australian-formatted income statement has been recast into the format common in Canada. The Australian dollar is denoted by A$.)

2-a. Using the high-low method, separate each mixed expense into variable and fixed elements.

2-b. Using the high-low method, state the cost formula for each mixed expense.

3. Redo the company's income statement at the 6,440-unit level of activity using the contribution format.

4. Assume that the company’s sales are projected to be 5,100 units in the next quarter. Prepare a contribution margin income statement.