(a) Find the replacement time (in years) that separates the top 30 % from the bottom 70 % . (b) If the manufacturer wants to provide a warranty time so that only 3 % of the washer and dryer sets will be replaced before the warranty expires, what length of time (in years) would you recommend for the warranty?

Q: Wallace Publishing recently completed its IPO. The stock was offered at a price of $14.92 per share.…

A: Given:- Underwriting spread=7.5% Offered price=$14.92 per share Shares sold= 13 million

Q: The original claim they actually pay is %.

A:

Q: Consider a credit card with a balance of $8000 and an APR of 21%. If you want to make monthly…

A: According to the given data, find the total amount:

Q: A man wishes to have P1,400,000.00 when he retires 15 years from now. If he can expect to receive 4%…

A: We will find out the required value.

Q: How much would be the interest when Bankers Rule was use if a principal of P86, 000 borrowed for 425…

A:

Q: Determine the interest earned after 10 years if $200 is invested in each of the following accounts:…

A: Given data: The principle (P) is $200 The time(T) is 10 years Rate of interest (R) is 6%   The…

Q: c) How long will it take for a sum of money lent at 5.70% simple interest become double of itself?…

A:

Q: If you can't start saving that early in your careerat the age of 24until you retire at 64, you will…

A:

Q: You want to purchase a bond that has a face value of $40,000

A: Given, Face value of the bond: F=40000 Quarterly interest payment: I=40000×8100×14=100×8I=800 Yield…

Q: What is the simple interest rate on a $1350 investment paying $319.82 interest in 10.3 years?  %…

A:

Q: ant. How much money is in the account on January 1 How much money is in the account t years after

A:

Q: A $500 bond matures in 25 years. What should you be willing to pay for the bond now if you want an…

A: To calculate the present amount of bond that is willing to pay if amount of bond is $500, the time…

Q: Marisa wishes to accumulate 20,000 by means of monthly deposits of 800 into a fund at the end of…

A: Here payments are done more frequently than the frequency of compounding so we need to first…

Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

A:

Q: Suppose $1687 are deposited in an account paying 8% annual interest for 12 years. If $5061 had been…

A: Given, Principal = p =  $ 1687  Rate of interest = r =  8 % Time period = n = 12 years

Q: Find the reorder point if management wants a 90% service level (i.e., risk stockouts only 10% of the…

A: The demanding service level by management is :   Calculate the reorder point and safety stock

Q: b) A salary of £5 240 is to be increased by 1.2%. Calculate (i) the increase, (ii) the new salary.

A: Given that the salary of £5240 is increased by 1.2% To calculate  (i) the increase  (ii) the new…

Q: What is the present value of 1700 dollars to be paid in 5 years, if the effective rate of interest…

A:

Q: A man gets a raise of 12% in salary at end of first year and further raises of 16% ,19% and 25% at…

A: The percentage change is calculated using the formula below. Percentage Change=Final value-Initial…

Q: Don’s Clothing advertised a clothing sale. On the first day, all clothing was marked 1/10 off. On…

A: Don’s Clothing advertised a clothing sale. On the first day, all clothing was marked 1/10 off. On…

Q: What is the simple interest rate on a $1650 investment paying $176.72 interest in 5.1 years? %…

A: Principal amount is 1650, interest is 176.72 and time is 5.1

Q: I've reached a goal of saving $6,500 and want to put my money into a savings account for one year.…

A: Given P=6500 r=8%=0.08 t=1 year

Q: 2. Simone bought her house for $150,000 in 2000 and sold it for $725,000 in 2020. What are the total…

A:

Q: Suppose that a sum of money is invested at an annual interest rate of 4%. Determine the time, in…

A:

Q: A new iPhone came out and the manufacturer plans to sell 10,000 pre-ordered in week zero and expects…

A: Numbers of iPhone plan to sell in week zero=10,000 increment in each week =7%

Q: low much interest are you going to pay after 45 days if you borrowed 50,000.00 in a lending vestor…

A: