The general fund budget (in billions of dollars) for a U.S. state for 1988 (period 1) to 2011 (period 24) follows. Year Period Budget ($ billions) 1988 1 3.03 1989 2 3.29 1990 3 3.56 1991 4 4.41 1992 5 4.36 1993 6 4.61 1994 7 4.75 1995 8 5.15 1996 9 5.34 1997 10 5.66 1998 11 6.01 1999 12 6.20 2000 13 6.48 2001 14 6.65 2002 15 6.56 2003 16 6.78 2004 17 6.98 2005 18 7.65 2006 19 8.38 2007 20 8.67 2008 21 8.76 2009 22 8.53 2010 23 8.23 2011 24 8.76 (a) Construct a time series plot. A time series plot contains a series of 24 points connected by line segments. The horizontal axis ranges from 0 to 25 and is labeled: Period. The vertical axis ranges from 0 to 10 and is labeled: Budget ($ billions). The first point is at approximately (1, 8.8). The rest are plotted from left to right at regular increments of 1 period in a downward, diagonal direction. The last point is at approximately (24, 3.0). Consecutive points are close together with little scatter.   A time series plot contains a series of 24 points connected by line segments. The horizontal axis ranges from 0 to 25 and is labeled: Period. The vertical axis ranges from 0 to 10 and is labeled: Budget ($ billions). The first point is at approximately (1, 6.8). The rest are plotted from left to right at regular increments of 1 period in a downward, diagonal direction. The last point is at approximately (24, 1.0). Consecutive points are close together with little scatter.   A time series plot contains a series of 24 points connected by line segments. The horizontal axis ranges from 0 to 25 and is labeled: Period. The vertical axis ranges from 0 to 10 and is labeled: Budget ($ billions). The first point is at approximately (1, 2.0). The rest are plotted from left to right at regular increments of 1 period in an upward, diagonal direction. The last point is at approximately (24, 7.8). Consecutive points are close together with little scatter.   A time series plot contains a series of 24 points connected by line segments. The horizontal axis ranges from 0 to 25 and is labeled: Period. The vertical axis ranges from 0 to 10 and is labeled: Budget ($ billions). The first point is at approximately (1, 3.0). The rest are plotted from left to right at regular increments of 1 period in an upward, diagonal direction. The last point is at approximately (24, 8.8). Consecutive points are close together with little scatter. What type of pattern exists in the data? The time series plot shows a horizontal pattern.The time series plot shows a linear trend.     The time series plot shows a seasonal pattern.The time series plot shows a nonlinear trend. (b) Develop a linear trend equation for this time series to forecast the budget (in billions of dollars). (Round your numerical values to three decimal places.) Tt =        (c) What is the forecast (in billions of dollars) for period 25? (Round your answer to two decimal places.) $  billion

Answer the following questions, assuming that the mutual fund quote below is one that you found online today. Complete parts (a) through (c) below. A certain Limited-Term Tax-Exempt Fund (CMLTX) 1-Day Net Change 1-Day Return NAV. $10.6S $0.00 0.0% Total Returns (%) 3, 5 and 10 year returns are annualized. YTD 1-Yr 5-Yr 10-Yr Fund 2.93% 3.82% 3.55% 3.34% a. Suppose you invest $6000 in this fund today. How many shares will you buy? shares (Round to two decimal places as needed.)

Calculate the net asset value (in $) and number of shares purchased for the mutual fund. Round shares to thousandths (three decimal places). TotalAssets TotalLiabilities SharesOutstanding Net AssetValue OfferPrice TotalInvestment SharesPurchased $25,000,000 $6,500,000 2,000,000 $ $9.94 $8,000

Consider the following. My recent marketing idea, the Miracle Algae Growing Kit, has been remarkably successful, with monthly sales growing by 7% every 6 months over the past 4 years. Assuming that I sold 100 kits the first month, how many kits did I sell in the first month of this year? Determine the following values given that FV = PV(1 + i)", where FV and PV are measured in kits and time is measured in 6 month periods. PV = i = n = Solve for FV. (Round your answer to the nearest whole number.) FV = How many kits did I sell in the first month of this year? kits

The annual interest rate of Jackie's savings account is 6,4%, and simple interest is calculated semiannually. What is the periodic interest rate of jackies account? 1.6% 0.53% 1.07% 3.2%

Monthly Sales 6267.19 7058.06 7119.5 7147.18 7198.52 7298.09 7325.7 7335.68 7355.97 7481.05 7490.23 7530.08 7616.09 7682.69 7684.14 7704.12 7704.98 7779.28 7798.23 7815.15 7844.16 7890.21 7977.6 7993.16 8021.03 8028.37 8068.86 8082.42 8096.17 8119.25 8129.21 8190.68 8255.28 8282.44 8376.31 8392.4 8400.95 8451.16 8456.66 8505.35 8539.25 8543.65 8573.05 8641.78 8667.48 8751.08 8777.97 8800.08 8888.65 8907.03 9096.87 9241.74 9411.68 9450.73 9484.62 9514.57 9521.4 9524.91 9733.44 10123.24 Given the company’s performance record and based on the empirical rule of normal distribution (also known as the 68%-95%-99.7% rule), what would be the lower bound of the range of sales values that contains 68% of the monthly sales? What would be the upper bound of the range of sales values that contains 68% of the monthly sales?

Exercise 4.7.25. [A] For each of the following, use the online CPI Inflation Calaulsas (a) Find the buying power in 2010 of $12.50 in 2004. (b) Find the buying power in 2011 of $42.99 in 2000. (c) Find the buying power in 2008 of $20.00 in 2010. (d) Find the buying power in 2010 of $100 in 1992.

TABLE 13-3 Sinking fund table based on $1 Period 1 2 3 4 Payable amount 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 24 28 32 36 40 2% 1.0000 0.4951 0.3268 0.2426 0.1922 0.1585 0.1345 0.1165 0.1025 0.0913 0.0822 0.0746 0.0681 0.0626 0.0578 0.0537 0.0500 0.0467 0.0438 0.0412 0.0329 0.0270 0.0226 0.0192 0.0166 3% 1.0000 0.4926 0.3235 0.2390 0.1884 0.1546 0.1305 0.1125 0.0984 0.0872 0.0781 0.0705 0.0640 0.0585 0.0538 0.0496 0.0460 0.0427 0.0398 0.0372 0.0290 0.0233 0.0190 0.0158 0.0133 4% 1.0000 0.4902 0.3203 0.2355 0.1846 0.1508 0.1266 0.1085 0.0945 0.0833 0.0741 0.0666 0.0601 0.0547 0.0499 0.0458 0.0422 0.0390 0.0361 0.0336 0.0256 0.0200 0.0159 0.0129 0.0105 6% 1.0000 1.0000 0.4878 0.4854 0.3172 0.3141 0.2320 0.2286 0.1810 0.1774 0.1470 0.1434 0.1228 0.1191 0.1047 0.1010 0.0907 0.0870 0.0795 0.0759 0.0704 0.0668 0.0628 0.0593 0.0565 0.0510 0.0463 0.0423 0.0387 0.0355 0.0327 0.0302 0.0225 0.0171 5% 0.0133 0.0104 0.0083 0.0530 0.0476 0.0430 0.0390 0.0354 0.0324 0.0296 0.0272 0.0197 0.0146…

The discount rate set by the central bank of Romulus for the past 6 quarters is shown below: Quarter Discount Rate Quarter Discount Rate 1 10.0% 4 8.5% 2 10.5% 5 9.6% 3 11.4% 6. 11.5% The median is closest to: A. 10.25%. B. 10.50%. C. 11.25%.

BREČMBC9 10.11.TB.014. DETAILS What is-the rate of interest on a loan of $2,000, for 286 days, if the amount of interest is $109.70, using the exact interest method? (Round your answer to the nearest tenth percent.) O 5.5% O 6.9% O 7.0% O 14.2%