The price of crude oil during the period 2000-2010 can be approximated by P(t) = 6t + 18 dollars per barrel (0 <= t <= 10) in year t, where t = 0 represents 2000. Russia's crude oil production over the same period can be approximated by Q(t) = ?0.08t2 + 1.2t + 5.5 million barrels per day (0 <= t <= 10). † Use these models to estimate Russia's daily oil revenue and also its rate of change in 2008. (Round your answers to the nearest $1 million.) daily oil revenue _________million rate of change in 2008 _______million per year
In: Statistics and Probability
3/ At 2000 K , nitrogen gas and oxygen gas combine to form nitric oxide according to the following reaction: N2(g) + O2(g) ⇌ 2NO(g) ΔH = +1.81 KJ
with an equilibrium constant K of 4.1 x 10^-4. If 0.50 mole of N2 and 0.86 mole of O2 are put into a 2.0 L container at 2000 K , what would the equilibrium concentrations of all species be ?
4/ For the reaction in question #3. How would the following changes effect the equilibrium ? Each change occurs independently of the others. Increase temperature. Decrease pressure. Decrease [O2(g)]. Increase [NO(g)]
In: Chemistry
ETHICS PROBLEM Samantha Fong sold her home in San Francisco in 2017 for $1.5 million, which was the median home price for that city. Samantha had lived in that house for 17 years, having purchased it from Michael Shoven in 2000 for $545,000. What average annual rate of return did Samantha earn on her home, ignoring things such as property taxes and the costs of maintaining the home? Would you say that Samantha somehow “swindled” Michael? Would your answer to that question be influenced by the knowledge that from 2000 to 2017, the average annual return on U.S. stocks was a little less than 6%?
In: Accounting
On the planet Homogenia every consumer who has ever lived consumes only two goods, x and y, and has the utility function U(x, y) = xy. The currency in Homogenia is the fragel. In this country in 1900, the price of good 1 was 1 fragel and the price of good 2 was 2 fragels. Per capita income was 84 fragels. In 2000, the price of good 1 was 3 fragels and the price of good 2 was 4 fragels. The Laspeyres price index for the price level in 2000 relative to the price level in 1900 is A) 2.50 B) 3.50 C) 2.33 D) 4 can you the show work
In: Economics
Given the following information, what is the percentage change in the price of the bonds if interest rates suddenly rise by 2%?
(Please show your work as I am attempting to work out similar problems in excel.)
| Wing Air Inc. | |
| Coupon rate | 7% |
| Settlement date | 1/1/2000 |
| Maturity date | 1/1/2002 |
| Face value | 1,000 |
| # of coupons per year | 2 |
| Airfoil, Inc. | |
| Coupon rate | 7% |
| Settlement date | 1/1/2000 |
| Maturity date | 1/1/2015 |
| Face value | 1,000 |
| # of coupons per year | 2 |
| Change in interest rate | 2% |
In: Finance
The Pennington Corporation issued a new series of bonds on January 1, 1990. The bonds were sold at a price of $1050 (the par value being $1000), had a 12% coupon, and the original maturity period of 25 years (i.e., maturity date = December 31, 2014). Coupon payments are made quarterly on March 31, June 30, September 30, and December 31, respectively. What would be the price of the bond on January 1, 2000, 10 years later, assuming that the interest rates (I/Y) had fallen to 8%? In addition, what would be the current yield on the bond (as on January 1, 2000)?
In: Finance
Three media options are available to Kernan Services Corporation: radio, TV, and magazine. The following table provides the important information.
| Medium Cost/ad | Exposure Value/ad | Min Units | Max Units | |
| Radio | $500 | 2000 | 0 | 15 |
| TV | $2000 | 4000 | 10 | no max |
| Magazines | $250 | 2700 | 6 | 23 |
The exposure value is the measure of the number of people exposed to the advertisement and is derived from market research studies. The company would like to achieve a total exposure value of at least 90,000. Note that advertisements must be bought in whole numbers. What is the minimum cost that can achieve this goal?
In: Operations Management
You plan to make a deposit every year into your retirement account for 30 years. Your deposit at the end of the first year will be $2000. Each year you will increase your deposit by $500. What would be the equivalent amount that you would need to deposit each year if the amount you deposited every year never changed. (i.e. instead of your first deposit being $2000 and your second being $2500, etc., your first deposit will be $X and your second deposit will be $X, etc.) The interest rate on your account is 4% compounded annually. Include Cash Flow Diagram.
In: Finance
Company Zeta bought new office furniture in the year 2000. The purchase cost was 97972 dollars and in addition it had to spend 13926 dollars for installation. The furniture has been in use since April 21st, 2000. Zeta forecasted that in 2015 the office furniture would have a net salvage value of $1000. Using the US Accelerated Depreciation Schedule, estimate the value of depreciation recorded in the accounting books in the year 2004 if the company decided to sell the furniture on June 5th (of 2004). (note: round your answer to the nearest cent and do not include spaces, currency signs, or commas)
CORRECT ANSWER: 4996.25
In: Accounting
In: Math