(s5yWVapp) From a sample of 100 stores in your area you have…

(s5yWVapp) From a sample of 100 stores in your area you have found that the mean price of milk is $3.16. The mean nationally is $3.21 with a standard deviation of $0.19. If you wanted to determine if the price of milk was typically lower in your area, or if your particular sample just happens to have a lower mean than the national mean by chance, which would be the most appropriate null and research hypotheses?

You are saving for retirement. You know that it is important…

You are saving for retirement. You know that it is important to start saving something Early.  Your goal is to save $80,000 in ten years. If you think that can earn 8% compounded monthly on your investments: A.   what will your monthly payment be? B.   how much will you have  after payment 66? C, D  Amortize the next 2 payments in the format that you have been shown many times this term. (12 points if correct

  The Stem Bolt company will order 486,230 units of the belt…

  The Stem Bolt company will order 486,230 units of the belted blister component.  The optimal safety stock (which is on hand) is 1500 units.  Each unit costs $20.  Inventory Carrying Costs are 15% of the price.   The cost to place an order is $78. However, the supplier only sends boxes of 100, so the optimal order must be adjusted to the nearest 100 units.   A1. What is the Economic Order Quantity (given the requirement that the order be rounded to the nearest 100 units)? A2.  What is the maximum Inventory including the safety stock? A3. What is the average inventory including the safety stock? A4. How many orders will there be in a year? A5.  What is the Total Order Cost if ordering q* units? A6.  What is the Total Holding Cost if ordering q* units (and including the safety stock)? A7.  What is the Total Inventory Cost if ordering q* units (and including the safety stock)? A8.  Assuming a 365 day year, how many days between orders? (2 points each).

WORK EITHER A OR B (Not Both!) Label your answers    A   Ass…

WORK EITHER A OR B (Not Both!) Label your answers    A   Assume that a lender offers a 15-year, $150,000 adjustable rate mortgage (ARM) with the following terms:                         Initial interest rate = 6 percent                         Index = 1-year Treasuries                         Payments reset each year                         Margin = 2 percent                         Interest rate cap = 2 percent annually; 5 percent lifetime                         Discount points = 2.5 percent                         Negative amortization not allowed             Based on estimated forward rates, the index to which the ARM is tied is forecasted as follows:  Beginning of year (BOY) 2 = 6.5 percent; (BOY) 3 = 7.5 percent;               Compute the payments and  loan balances for each year, and the yield for the ARM for the three-year period. A1. What is the payment for year 1? What is owed after the first 12 payments? A2.  What is the payment for year 2? What is owed after the first 24 payments?  A3.  What is the payment for year 3?   What is owed after the first 36 payments? A4.  If the loan has discount points, and given the payments (and the final payoff above), what is the yield to the bank for this loan?   B.  You have decided to buy a town home. The bank offers you two financing choices. B1.  You can take out a 25 year mortgage for $180,000 at 7%. This loan also requires you to pay 2 discount points. B2.  You can borrow $160,000 for 30 years at 6.5% and take out a second mortgage of $20,000 for 10 years at 12% interest. B3.  Make a recommendation/decision and justify that decision by calculating the yield on both loan packages  (assuming that you will stay in the house the full 30 years).