An annuity pays $1 at the end every odd year and $2 at the end of each even year (not counting year 0) for 10 years. If the effective annual rate is 6%, what is the present value of the annuity?

Show all your work leading to your final answer

1. The Marketing Department has estimated sales as follows for the remainder of the year (in units):

The selling price of the beach umbrellas is $11 per unit.

2. All sales are on account. Based on past experience, sales are collected in the following pattern:

Sales for June totaled $297,000.

3. The company maintains finished goods inventories equal to 15% of the following month’s sales. This requirement will be met at the end of June.

4. Each beach umbrella requires 4 feet of Gilden, a material that is sometimes hard to acquire. Therefore, the company requires that the ending inventory of Gilden be equal to 50% of the following month’s production needs. The inventory of Gilden on hand at the beginning and end of the quarter will be:

5. Gilden costs $0.80 per foot. One-half of a month’s purchases of Gilden is paid for in the month of purchase; the remainder is paid for in the following month. The accounts payable on July 1 for purchases of Gilden during June will be $54,920.

Required:

1. Calculate the estimated sales, by month and in total, for the third quarter.

2. Calculate the expected cash collections, by month and in total, for the third quarter.

3. Calculate the estimated quantity of beach umbrellas that need to be produced in July, August, September, and October.

4. Calculate the quantity of Gilden (in feet) that needs to be purchased by month and in total, for the third quarter.

5. Calculate the cost of the raw material (Gilden) purchases by month and in total, for the third quarter.

6. Calculate the expected cash disbursements for raw material (Gilden) purchases, by month and in total, for the third quarter.

According to a study performed over a -year time period and reported in the Annals of Surgery, 151 patients with malignant melanoma were treated with BCG immunotherapy (NB. BCG is a weakened but live strain of Mycobacterium bovis used as part of the "childhood vaccination regime in European countries", but not in the US.) alone or as an adjunct to surgical therapy. One finding in these studies was that direct injection of metastatic melanoma lesions limited to the skin resulted in 90% regression of the injected lesions and 17% regression of uninjected lesions in immunocompetent patients. Approximately 25% of these patients remained free of disease for 1 to 6 years. Contrastingly, however, direct injections of BCG into the melanomic nodules of patients with subcutaneous metastases resulted in a lower incidence of local control and no long-term survivors.

Give what you know about the immune system, to date, and specifically in respect to the Type IV DTH, how would you interpret these clinical results in terms of the immune mechanism(s) and the differences observed in the two test groups?

Listed below are the numbers of hurricanes that occurred in each year in a certain region. The data are listed in order by year. Find the​ range, variance, and standard deviation for the given sample data. Include appropriate units in the results. What important feature of the data is not revealed by any of the measures of​ variation?

20 3 13 9 17 19 6

10 20 5 13 6 18 11

The range of the sample data is.............( Round to one decimal place needed.)

The standard deviation of the sample data is..........(Round to one decimal place as​ needed.)

The variance of the sample data is......................(Round to one decimal place as​ needed.)

What important feature of the data is not revealed through the different measures of​ variation?

A. The measures of variation reveal nothing about how the numbers of hurricanes are spread.

B. The measures of variation do not reveal the difference between the largest number of hurricanes and the smallest number of hurricanes in the data.

C. The measures of variation reveal nothing about the pattern over time.

D. The measures of variation reveal no information about the scale of the data.

2. Find the​ (a) mean,​ (b) median,​ (c) mode, and​ (d) midrange for the data and then​ (e) answer the given question.

Listed below are the jersey numbers of 11 players randomly selected from the roster of a championship sports team. What do the results tell​ us?

80 3 64 79 71 66 23 57 21 74 25

a) The mean is..........(Type an integer or a decimal rounded to one decimal place as​ needed.)

b)The median is...........(Type an integer or a decimal rounded to one decimal place as​ needed.)

c) Find mode ..........( Type an integer or a decimal rounded to one decimal place as​ needed.)

Select the correct choice below​ and, if​ necessary, fill in the answer box to complete your choice.

A. The​ mode(s) is(are).......(Type an integer or a decimal. Do not round. Use a comma to separate answers as​ needed.)

B. There is no mode.

d) Find the midrange........... (Type an integer or a decimal rounded to one decimal place as​ needed.)

e)What do the results tell​ us?

A.The midrange gives the average​ (or typical) jersey​ number, while the mean and median give two different interpretations of the spread of possible jersey numbers.

B. The mean and median give two different interpretations of the average​ (or typical) jersey​ number, while the midrange shows the spread of possible jersey numbers.

C. Since only 11of the jersey numbers were in the​ sample, the statistics cannot give any meaningful results.

D. The jersey numbers are nominal data and they do not measure or count​ anything, so the resulting statistics are meaningless.

Click to select your answer(s).

3. The waiting times between a subway departure schedule and the arrival of a passenger are uniformly distributed between 0 and 5 minutes. Find the probability that a randomly selected passenger has a waiting time greater than 4.25 minutes.

Find the probability that a randomly selected passenger has a waiting time greater than 4.25 minutes?

4.Determine whether the study is an experiment or an observational​ study, and then identify a major problem with the study.

A medical researcher tested for a difference in systolic blood pressure levels between male and female students who are 12 years of age. She randomly selected four males and four females for her study.

This is an..............because of the researcher.................. the individuals

What is a major problem with the​ study?

A. There is no​ blinding, which has a high chance of leading to bias.

B. The sample is too small.

C. The sample includes male and female students.

D. This is a convenience sample with a voluntary​ response, which has a high chance of leading to bias.

5. You are certain to get a red card when selecting 27 cards from a shuffled deck. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive. The probability is...........?

6. If we find that there is a linear correlation between the concentration of carbon dioxide in our atmosphere and the global​ temperature, does that indicate that changes in the concentration of carbon dioxide cause changes in the global​ temperature?

Choose the correct answer below.

A.No. The presence of a linear correlation between two variables does not imply that one of the variables is the cause of the other variable.

B.Yes. The presence of a linear correlation between two variables implies that one of the variables is the cause of the other variable.

A person borrows $40000 at an interest rate of 9% per year. It is desired to repay the loan in 10 payments, with the first payment 3 years from now. If the payments are to increase by $200 each time, determine the size of the first payment.

A physical inventory taken at year end indicated that there was $125,000 on hand. The Estimated Returns Inventory is $8,200. Depreciation for the year is $24,500. On December 31, the close of the fiscal year, the balances of selected accounts appearing in the ledger of Broxton Gallery, an art retailer, are as follows:

​

​

Prepare the December 31 closing entries for Broxton Gallery.

Find the duration of a 10-year, 8% bond that is trading at a yield of 10% and pays coupons every 6 months.

Please round your numerical answer to two decimal places.

On a $1 million line of credit for one year, a company has agreed to the following conditions: (A) accrue 0.92% monthly interest on any funds borrowed; (B) maintain a compensating balance of 6.98% of any funds borrowed; and (C) pay the accrued interest and the amount borrowed together at the end of the year. The company does not have excess cash and will need to borrow additional funds under the line of credit to keep the compensating balance. If the company needs $100,000 after setting aside the compensating balance, how much interest will it pay in total at the end of the year?

: $11,551 $11,863 $12,176 $12,488 $12,800

What is the price of a 5 year bond with a 8% annual coupon rate and face value of $1,000? The prevailing market annual interest rate is 2%. Coupons are to be paid annually.