In: Operations Management
Assuming in twenty years after graduating from ERAU you become extremely wealthy. You want to give back to your school and establish a scholarship endowment that will pay $200,000 per year in perpetuity to support ERAU students in need. Assume a conservative rate of return of 5% per year.
1. If the first payment will be made in one year after establishing the endowment, how much should you invest in it?
2. How much do you need to invest in the endowment if you want the first payment to be made in 6 years from establishing it?
3. In how many years your endowment will be depleted?
4. If you plan to save for this endowment (first payment in one year) over 15 year period and your expected personal rate of return is 12%, how much should you invest every year? Assume equal annual payments.
In: Finance
In: Economics
Indicate whether the individual volunteering to donate blood for homologous transfusion should be accepted or deferred.
A. Defer Temporarily B. Defer for 6 Months C. Defer Permanently D. Accept E. Accept After Obtaining Medical Approval
(Are these answers correct?)
In: Biology
Question1
With which of the following statements would most people in business agree? Rationalize your response
In: Finance
Logic is basically human reasoning that tells us if certain proposition or declarative statement is true.
(a)There are five boards of directors (kojo, kofi, menash musah, and mawule) of a School. The board of director kojo owns 10% shares, kofi owns 30% shares, mensah owns 20% shares, musah owns 25% shares and mawule 15% shares of the total shares. For the adoption of the particular policy to be passed in the board’s meeting more than 66% should vote in favour of the policy. The weightage to the votes depend upon the percentage shares owned by the directors. In the board’s room each director has a switch which he turns ON if votes in favour of policy. Design a switching circuit to ring a bell if policy is accepted in the board’s meeting. Only the NAND gates should be used to realize the circuit.
(b) What is a universal gate? Give examples. Realize the basic gates with any one universal gate.
In: Electrical Engineering
Suppose you were attending a university where students hated the bookstore and their aggressively high prices. Suppose further that a student organization goes to the bookstore and argues that prices of text books are exceeding $150 per class. At such outrageous prices, students can no longer afford to go to school. The college bookstore claims that an average student pays $101.75 per class for texts (far below the stated claim of $150). A student group randomly selects ten courses from the catalog and finds the costs for each: $140, $125, $150, $124, $143, $170, $125, $94, $127, and $53.
a. Is that enough to justify a claim that the bookstore is underestimating the amount spent? Make sure that you show your work.
b. Students decide to take a sample from one more class and find that this class has a textbook cost of $195. Does adding this observation to the other 10 observations change your answer to part (a) above?
In: Math
You have just turned twenty-six years of age and feel it is necessary to upgrade your qualifications. After some consideration, you feel that undertaking full-time study for an MPA degree at the Fletcher School is one alternative. For the two years of full-time study, tuition and living expenses will be $55,000 per year. In addition, you will have to give up your current job with a salary of $75,000 per year. Assume all cash flows occur at the end of the year. Assume a real interest rate of 3% per year, ignoring taxes. Also assume that the salary increase is a fixed real amount that starts after you complete your degree (at the end of the year following graduation) and lasts until retirement at age sixty-five. In order to justify the investment, by how much does your salary have to increase as a result of getting the MPA degree?
In: Finance
You have just turned twenty-six years of age and feel it is necessary to upgrade your qualifications. After some consideration, you feel that undertaking full-time study for an MPA degree at the Fletcher School is one alternative. For the two years of full-time study, tuition and living expenses will be $55,000 per year. In addition, you will have to give up your current job with a salary of $75,000 per year. Assume all cash flows occur at the end of the year. Assume a real interest rate of 3% per year, ignoring taxes. Also assume that the salary increase is a fixed real amount that starts after you complete your degree (at the end of the year following graduation) and lasts until retirement at age sixty-five. In order to justify the investment, by how much does your salary have to increase as a result of getting the MPA degree?
In: Finance
4. Two randomized-controlled trials of routine ultrasonography screening during pregnancy were carried out, to see whether routine ultrasound imaging influenced outcomes of pregnancy such as birthweight and mode of delivery. No significant differences were found. At ages 8 to 9 years, 2011 singleton children of the women who had taken part in these trials were followed up. Ultrasonography had actually been carried out on 92% of the ‘screened’ group and 5% of the control group. No significant differences were found in scores for reading, spelling, arithmetic or overall school performance. A subgroup of children underwent specific tests for dyslexia. The test results classified as dyslexic 21 of the 309 children in the screened group (7%, 95% confidence interval = 3-10%) and 26 of the 294 controls (9%, 95% CI = 4-12%]). (Lancet 1991; 339: 85-89.) a. What is meant by “randomized” and “controlled”? Why were these techniques used?
In: Math