Questions
We decided that we need to specify the type of retirement income we want and make...

We decided that we need to specify the type of retirement income we want and make plans to accomplish our goal. Our goal is to plan for 25 years of retirement, at $150,000 per year, but we want to receive the

$150,000 at the beginning of each year of our retirement. So, to reach our objective, for the next 30 years, we need to set aside the right amount of money as an annual constant contribution into a retirement fund at the end of each of those years. So in total, there will be 25 annual payments (withdrawals) of 150,000 each received at the beginning of each month, preceded by 30 annual contributions made at the end of each period. (The last contribution time may correspond with that of the first withdrawal time).

We discussed this in general terms with another pension adviser, and she advised us to assume an average nominal annual rate of return of 8.50%, compounded annually, for the entire 55-year period.

Ques 1) How much money would we need in our pension plan when we retire after 30 years of work to make our pension dream come true? Please use (display + name) the excel function/ formula used for each yellow cell.

Answer 1. amount needed at beginning of retirement

APR

8.50%

period rate

annual pension

-$150,000.00

#periods

25

Amount needed at BEG of retirement:

Ques 2) In order to accumulate this amount of money, how much would we need to deposit in our pension plan at the end of each year, for each of the next 30 years of work, if we contributed a constant amount each year? Please use (display + name) the excel function/ formula used for each yellow cell.

Answer 2. required annual contribution

period rate

#periods

30

Required annual contribution:

Ques 3) If the inflation rate for the next 30 years were to be 2% per year (assuming country’s Bank manages to meet its target inflation of about 2%), what annual income now would provide the same purchasing power as a $150,000 annual income in 30 years? Please use (display + name) the excel function/ formula used for each yellow cell.

Answer 3. inflation impact after 30 years

inflation rate

0.02

payment in 30 years

$150,000.00

equivalent amount in today's dollars:

In: Finance

In this project, you are required to write the java program “IO.java” to implement integer operations...

In this project, you are required to write the java program “IO.java” to implement integer operations “+”, “−”, “*”. Specifically, your program reads operands from a file named “input.txt” (which will be manually placed under the directory of the program) as strings. Then your program converts strings to integers, and computes the addition, subtraction, and multiplication of the operands. Finally, your program creates a file named “output.txt” (under the directory of the program) and writes the results to the file. Please check the attached sample files “input.txt” and “output.txt”. In “input.txt”: 1. First line is an integer x. 2. Second line is another integer y. In “output.txt”: 1. First line is the result of x + y. 2. Second line is the result of x − y. 3. Third line is the result of x * y

In: Computer Science

answer in basic JAVA im in and INTRO JAVA CLASS Problem 2: Point of Sale System...

answer in basic JAVA im in and INTRO JAVA CLASS

Problem 2: Point of Sale System
The McDowell Restaurant chain has asked you to write a menu program for their new Fast-food
service machines. Your program already prints the following menu like this:
**********************************************************************
McDowell’s Restaurant
**********************************************************************
Make your selection from the menu below:
1. Regular Hamburger $1.50
2. Regular Cheeseburger $1.75
3. Fish Sandwich $2.50
4. Half-pounder with cheese $2.75
5. French Fries $0.99
6. Large Soft Drink $1.25
***********************************************************************
Select 1, 2, 3, 4, 5, or 6 ----- >
Your program must now read the customer’s selection and compute the total price of their
purchase, including 6.5% sales tax.


Input
The first line of input represents N, the number of test cases. The additional lines consists of a
sequence of integers scoped between 1 to 6. Each number should indicate a selection from the
above menu to be purchased.


Output
The program should print the sum of the orders plus tax as “Please pay $<dollars>”, where
<dollar> is the total amount of the purchase then conclude with “Thank you for eating at
McDowell’s”.


Sample Input Sample Output
1
1 4 4 5 3 1 Please pay $12.77
Thank you for eating at McDowell’s!

In: Computer Science

amusement park that charges different rates for different age groups: (1) Admission for anyone under age...

amusement park that charges different rates for different age groups: (1) Admission for anyone under age 4 is free; (2) Admission for anyone between the ages of 4 and 18 is $5; (3) Admission for anyone age 18 or older is $10. Write a Python program that outputs a person's admission fee.

Please give me the answer with showing the full details how to do it in jupitar note book. The answer is in the chegg its so confusing and i want to see the full details in jupitar notebook.

In: Computer Science

We are learning about notes receivables in my Intermediate Accounting class, and I am trying to...

We are learning about notes receivables in my Intermediate Accounting class, and I am trying to understand the terms. My textbook states "When the interest stated on an interest-bearing note equals the effective (market) rate of interest, the note sells at face value.13 When the stated rate differs from the market rate, the cash exchanged (present value) differs from the face value of the note."

If someone could break this down in layman's terms I would really appreciate it. This is our first dip into this material, so no amount of over-simplification is too much.

In: Accounting

Please assist me with this C++ problem. Lawn Mowing Company: A lawn mowing company offers to...

Please assist me with this C++ problem.

Lawn Mowing Company: A lawn mowing company offers to mow one acre of grass for $150. An acre equals 43,450 square feet. There are 3 feet in a yard. And, a standard soccer field, with buffer for the sidelines is about 140 yards by 100 yards. How much would it cost to hire this company to mow the one soccer field? Assume that the company does calculate for partial acres. Write a program to calculate the total cost and display it to the screen. Starter code has been provided for this problem:

https://www.onlinegdb.com/r15z8TfE4

In: Computer Science

You are required to use a financial calculator or spreadsheet (Excel) to solve 10 problems related...

You are required to use a financial calculator or spreadsheet (Excel) to solve 10 problems related to the risk and return, stocks and bonds valuation. You are required to show the following 3 steps for each problem:


(i) Describe and interpret the assumptions related to the problem.
(ii) Apply the appropriate mathematical model to solve the problem.
(iii) Calculate the correct solution to the problem.

1. A $1,000 par value 8-year bond with a 13 percent coupon rate recently sold for $980. What is the yield to maturity if the bond makes semiannual payments? Submit your answer as a percentage rounded to two decimal places.

2. Consider a 7 year bond with face value $1,000 that pays an 8.4% coupon semi-annually and has a yield-to-maturity of 6.9%. What is the approximate percentage change in the price of bond if interest rates in the economy are expected to increase by 0.40% per year? Submit your answer as a percentage and round to two decimal places. (Hint: What is the expected price of the bond before and after the change in interest rates?)

3. Nippon, Inc. expects its current annual $30 per share common stock dividend to remain the same for the foreseeable future. What is the intrinsic value of the stock to an investor with a required return of 9.2%? Round to two decimal places.

In: Finance

Problem 16-7AA FIFO: Process cost summary, equivalent units, cost estimates LO C2, C3, C4, P4 [The...

Problem 16-7AA FIFO: Process cost summary, equivalent units, cost estimates LO C2, C3, C4, P4

[The following information applies to the questions displayed below.]

Dengo Co. makes a trail mix in two departments: roasting and blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. During October, the roasting department completed and transferred 26,000 units to the blending department. Of the units completed, 4,900 were from beginning inventory and the remaining 21,100 were started and completed during the month. Beginning work in process was 100% complete with respect to direct materials and 30% complete with respect to conversion. The company has 4,300 units (100% complete with respect to direct materials and 70% complete with respect to conversion) in process at month-end. Information on the roasting department’s costs of beginning work in process inventory and costs added during the month follows.

Cost Direct Materials Conversion
Of beginning work in process inventory $ 11,800 $ 114,390
Added during the month 340,360 1,487,160

Problem 16-7A Part 1

Required:
1. Prepare the roasting department's process cost summary for October using the FIFO method. (Round "Cost per EUP" to 2 decimal places.)

Total costs to account for:
Total costs to account for:
Unit reconciliation:
Units to account for:
Total units to account for
Total units accounted for:
Total units accounted for
Equivalent units of production (EUP)- FIFO method
Units % Materials EUP- Materials % Conversion EUP- Conversion
Total units
Cost per equivalent unit of production Materials Conversion
Total costs Costs Costs
÷ Equivalent units of production EUP EUP
Cost per equivalent unit of production (rounded to 2 decimals)
Total costs accounted for:
Beginning Inventory Cost:
Cost to complete beginning inventory EUP Cost per EUP Total cost
Direct materials
Conversion
Total cost to complete beginning inventory
Total cost of units in beginning inventory
Cost of units started and completed EUP Cost per EUP Total cost
Direct materials
Conversion
Total cost of units started and completed
Total cost of units transferred out
Costs of ending work in process EUP Cost per EUP Total cost
Direct materials
Conversion
Total cost of ending work in process
Total costs accounted for

Problem 16-7A Part 2

2. Prepare the journal entry dated October 31 to transfer the cost of completed units to the blending department. (Do not round your intermediate calculations.)

  • Record the transfer of goods from Roasting to Blending.

In: Accounting

Challenge: Dog Description: Create a Dog class that contains specified properties and methods. Create an instance...

Challenge: Dog

Description: Create a Dog class that contains specified properties and methods. Create an instance of Dog and use its methods.

Purpose: This application provides experience with creating classes and instances of objects in C#.

Requirements:

Project Name: Dog
Target Platform: Console
Programming Language: C#

Documentation:

  • Types and variables (Links to an external site.) (Microsoft)
  • Classes and objects (Links to an external site.) (Microsoft)
  • Enums (Links to an external site.) (Microsoft)

Create a class called Dog.

Dog is to have the following public properties:

  • name (of type string)
  • owner (of type string)
  • age (of type int)
  • gender (of type Gender)

Gender is a enum type you need to create that contains Male and Female.

Create a constructor (Links to an external site.) in the class to initialize all of the properties when creating an instance.

Create a method (function in the class) called Bark that takes one parameter that is the number of times to bark and prints “Woof!” that many times to the Console.

Create a method called GetTag that takes no parameters and returns a string. The method returns “If lost, call [owner]. [‘Her’|‘His’] name is [name] and [‘she’|‘he’] is [age] [‘year’|‘years’] old.”

[owner] means replace with the name of the owner.

[‘Her’|‘His’] means choose to display “Her” or “His” based on the gender of the Dog.

[name] means replace with the name of the Dog.

[‘she’|‘he’] means choose to display “she” or “he” based on the gender of the Dog.

[‘year’|‘years’] means to choose to display “year” or “years” depending on the age of the Dog. If age is 1, use “year”. If any other age, use “years”.

In the Main function of the application, test that instances of Dog can be created and that the methods work. In the following, “Orion” is the name of the Dog instance, “Shawn” is the owner, 1 is the age, and Gender.Male is the gender.

Dog puppy = Dog("Orion", "Shawn", 1, Gender.Male);  // create object instance
puppy.Bark(3); // output: Woof!Woof!Woof!
Console.WriteLine(puppy.GetTag()); // output: If lost, call Shawn. His name is Orion and he is 1 year old.

Dog myDog = Dog("Lileu", "Dale", 4, Gender.Female);  // create object instance
myDog.Bark(1); // output: Woof!
Console.WriteLine(myDog.GetTag()); // output: If lost, call Dale. Her name is Lileu and she is 4 years old.

Submission

You are to submit a zip file of the project directory for the application you create. The entire project is to be submitted. Find the project folder that holds the Visual Studio project and zip it.

When you finish can you send pictures of the code with spacing

In: Computer Science

Goldberg Company is a retail sporting goods store that uses an accrual accounting system. Facts regarding...

Goldberg Company is a retail sporting goods store that uses an accrual accounting system. Facts regarding its operations follow:

Sales are budgeted at $290,000 for December and $260,000 for January, terms 1/eom, n/60.

Collections are expected to be 50% in the month of sale and 48% in the month following the sale. Two percent of sales are expected to be uncollectible and recorded in an allowance account at the end of the month of sales. Bad debts expense is included as part of operating expenses.

Gross margin is 30% of sales.

All accounts receivable are from credit sales. Bad debts are written off against the allowance account at the end of the month following the month of sale.

Goldberg desires to have 80% of the merchandise for the following month’s sales on hand at the end of each month. Payment for merchandise is made in the month following the month of purchase.

Other monthly operating expenses to be paid in cash total $23,200.

Annual depreciation is $204,000, one-twelfth of which is reflected as part of monthly operating expenses.

Goldberg Company’s statement of financial position at the close of business on November 30 follows:

GOLDBERG COMPANY
Statement of Financial Position
November 30, 2016
Assets
  Cash $ 24,000
  Accounts receivable (net of $4,000 allowance for doubtful accounts) 68,000
  Inventory 162,400
  Property, plant, and equipment (net of $640,000 accumulated depreciation) 1,020,000
  Total assets $ 1,274,400
Liabilities and Stockholders’ Equity
  Accounts payable $ 144,000
  Common stock 800,000
  Retained earnings 330,400
  Total liabilities and equity $ 1,274,400
Required:
1.

What is the total of budgeted cash collections for December? (Do not round intermediate calculations.)

2.

How much is the book value of accounts receivable at the end of December? (Do not round intermediate calculations.)

3.

How much is the income (loss) before income taxes for December? (Do not round intermediate calculations.)

4.

What is the projected balance in inventory on December 31, 2016? (Do not round intermediate calculations.)

5.

What are budgeted purchases for December? (Do not round intermediate calculations.)

6.

What is the projected balance in accounts payable on December 31, 2016? (Do not round intermediate calculations.)

In: Accounting

Randomly selected 10 student cars have ages with a mean of 7.2 years and a standard...

Randomly selected 10 student cars have ages with a mean of 7.2 years and a standard deviation of 3.4 years, while randomly selected 31 faculty cars have ages with a mean of 5.9 years and a standard deviation of 3.5 years.

1. Use a 0.01 significance level to test the claim that student cars are older than faculty cars.

(a) The test statistic is

(b) The critical value is 2.326

(c) Is there sufficient evidence to support the claim that student cars are older than faculty cars? A. No B. Yes

2. Construct a 99% confidence interval estimate of the difference μs−μf, where μs is the mean age of student cars and μf is the mean age of faculty cars. <(μs−μf)<

In: Math

Horizontal rays of red light (λ = 660 nm, in vacuum) and violet light (λ =...

Horizontal rays of red light (λ = 660 nm, in vacuum) and violet light (λ = 410 nm, in vacuum) are incident on the flint-glass prism shown in the drawing. The indices of refraction for the red and violet light are nred = 1.662 and nviolet = 1.698. The prism is surrounded by air. What is the angle of refraction for (a) red ray, (b) violet ray as it emerges from the prism?

In: Physics

Past behavior is one of the best predictors of future crime. True False

Past behavior is one of the best predictors of future crime.

True

False

In: Psychology

In ‘Market Demand Analysis & Forecasting’ what aspects an asset manager (or an organization) should consider?

In ‘Market Demand Analysis & Forecasting’ what aspects an asset manager (or an organization) should consider?

In: Operations Management

5.31       Calculating Interest Expense You receive a credit card application from Shady Banks Savings and Loan...

5.31       Calculating Interest Expense

You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of .9 percent per year, compounded monthly for the first six months, increasing thereafter to 18.5 percent compounded monthly. Assuming you transfer the $10,000 balance from your existing credit card and make no subsequent payments, how much interest will you owe at the end of the first year?

In: Finance