Problem 4-2
Calculating Future Values
a. Compute the future value of $2,000 compounded annually for 10 years at 8 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $
b. Compute the future value of $2,000 compounded annually for 10 years at 11 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $
c. Compute the future value of $2,000 compounded annually for 15 years at 8 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $
In: Finance
Julian, age 27 has 2 children, ages 4 and 3, from his first marriage. He is now married to Margaret. The children live with their mother, Alice. Julian and Margaret each make $26,000 per year and have recently bought a house for $100,000, with a $95,000 mortgage. They have the following life, health, and disability insurance coverage:
Policy A | Policy B | Policy C | |
Insured | Julian | Julian | Margaret |
Face Amount | 250,000 | 78,000 | 20,000 |
Type | 20 year level term | Group term | Group term |
Annual Premium | $250 | $156 | $50 |
Who pays premium | Trustee | Employer | Employer |
Beneficiary | Trustee | Alice | Julian |
Policy owner | Trust | Julian | Margaret |
Health Insurance: Julian and Margaret are covered under Julian’s employer plan, which is a Preferred Physicians Plan (PPO) with a $500 in network deductible per person per year co-insurance clause with a family annual out of pocket maximum of $2,500 and an out of network 60/40 coinsurance clause with a family out of pocket maximum of $4,500.
Long Term Disability Insurance: Julian is covered by an own occupation policy, with premiums paid by the employer. The benefit equals 60% of his gross pay after a 180 day elimination period. The policy covers both sickness and accidents. The benefit period is 5 years (60 months). Margaret is not covered by disability income insurance.
• Assume Julian dies. Who would receive the proceeds of the life insurance policies?
• Does Julian have adequate life insurance?
• Is Julian’s health and disability coverage adequate? If not, why not?
• Should Margaret have disability income insurance? Why or why not?
• Are any of the premiums or benefits received from the life, health, or disability income insurance taxable to Julian and Margaret?
In: Accounting
Consider a spherical shell of mass density ?m = (A/r) exp[ -(r/R)2], where A = 4 x 104 kg m-2. The inner and outer shell radii are 3R and 4R respectively where R = 6 x 106. Find the inward gravitational acceleration on a particle of mass mp at a position of 4R. The spherical di erent is dV = r2 dr sin? d? d?.
A) 9.00 m/s2
B) 2.36 m/s2
C) 9.3 m/s2
D) 2.3 m/s2
E) 3.00 m/s2
In: Physics
You have three sheets of 2 × 4 m cardboard. You cut squares of side x from each of the twelve corners. You fold up the resulting flaps on the three sheets to make 3 open-topped boxes, and you use the twelve squares to form two cubes. Maximize the total volume
In: Math
Consider a reduced deck where all cards 2, 3, 4, and 5 (16 cards) are removed. In a game of five card draw find the number of ways to draw one pair, two pair, three of a kind, straight, flush, full house, four of a kind, straight flush, and royal flush.
In: Statistics and Probability
CA1.11 (LO 2, 4) (Models for Setting GAAP) Presented below are three models for setting GAAP.
Instructions
In: Accounting
Exhibit 2-4
Michael's Compute-All, a national computer retailer, has kept a record of the number of laptop computers they have sold for a period of 80 days. Their sales records are shown below:
|
Number of Laptops Sold |
Number of Days |
||
|
0 - 19 |
5 |
||
|
20 - 39 |
15 |
||
|
40 - 59 |
30 |
||
|
60 - 79 |
20 |
||
|
80 - 99 |
10 |
||
|
Total 80 |
14. Refer to Exhibit 2-4. The class width of the above distribution is
|
a. |
0 to 100 |
|
b. |
20 |
|
c. |
80 |
|
d. |
5 |
15. Refer to Exhibit 2-4. The lower limit of the first class is
|
a. |
5 |
|
b. |
80 |
|
c. |
0 |
|
d. |
20 |
16. Refer to Exhibit 2-4. If one develops a cumulative frequency distribution for the above data, the last class will have a frequency of
|
a. |
10 |
|
b. |
100 |
|
c. |
0 to 100 |
|
d. |
80 |
17. Refer to Exhibit 2-4. The percentage of days in which the company sold at least 40 laptops is
|
a. |
37.5% |
|
b. |
62.5% |
|
c. |
90.0% |
|
d. |
75.0% |
18. Refer to Exhibit 2-4. The number of days in which the company sold less than 60 laptops is
|
a. |
20 |
|
b. |
30 |
|
c. |
50 |
|
d. |
60 |
In: Statistics and Probability
Please select 2 topics from both GI AND GU?
Summarize in details and write a 3-4 paragraph review of each topic that you choose? (Note" no handwriting all typed.)
G.I:
1. Hepatitis B
2. Appendicitis
3. Gastritis
G.U:
1. Endometriosis
2. Urethritis
3. Nephrotic Syndrome
In: Nursing
For questions 2 to 4 d, consider two 2.00 L flasks, one of which contains 0.250 mole of O2
gas at 50.0 deg C and the other of which contains 0.500 mole of H2 gas at 50.0 deg C.
2. Which sample contains more molecules? Show your calculation. (6 pt)
3. Which sample has the greater mass? Show your calculation. (6 pt)
4. a. In which flask is the ratio of molecular volume (volume occupied by the
molecules touching one another in a condensed state) to gaseous sample
volume (volume occupied by the entire gaseous sample) greater? (2 pt)
b. What is the approximate value of these ratios? Explain. Calculation
not needed (4 pt)
c. In which sample do the molecules have higher average kinetic energy? Explain.
Calculation not needed (4 pt)
d. In which flask do the molecules have higher average speed? Explain.
Calculation not needed (4 pt)
In: Chemistry
3. Consider the following data for two variables, x and y.
x 2 3 4 5 7 7 7 8 9
y 4 5 4 6 4 6 9 5 11
a. Does there appear to be a linear relationship between x and y? Explain.(f-test, to do f-test for the overall significance)
b. Develop the estimated regression equation relating x and y.
c. Plot the standardized residuals versus yˆ for the estimated regression equation developed in part (b). Do the model assumptions appear to be satisfied? Explain.
d. Perform a logarithmic transformation on the dependent variable y. Develop an estimated regression equation using the transformed dependent variable. Do the model assumptions appear to be satisfied by using the transformed dependent variable? Does a reciprocal transformation work better in this case? Explain.
In: Statistics and Probability