Suppose you’ll have an annual nominal income of $70,000 for each of the next three years, and the inflation rate is 5 percent per year. hint: present value = future value/(1 + growth in prices)t, e. g., the present value of next year's income = next year's income/(1 + growth in prices) instructions: enter your responses rounded to a whole dollar. a. find the real value of your $70,000 salary for each of the next three years. year 1: $ year 2: $ year 3: $ b. if you have a cola in your contract, what is the real value of your salary for each year? year 1: $ year 2: $ year 3: $

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?