Problem 2.1 (15 points) Andy looks at his account and notices that if the current monthly interest rate stays constant he is expected to have $54,000 in 6 years (i. e. once 6 years have elapsed) and $67,000 in 8 years. (15 points) a. How much money does he have now (at time 0)? (5 points) b. If his predictions are correct, except after 7 years, the nominal rate halves and then stays at that value, how much money will he have in 8 years? Assume the interest rate is compounded monthly. (10 points)

Characteristics of good and bad drivers related to health care cost allocation

In 2000, campbell soup company launched an ad campaign that showed prepubescent boys offering soup to prepubescent girls. the girls declined because they were concerned about their calorie intake. the boys explained that “lots of campbell’s soups are low in calories,” which made them ok for the girls to eat. the ads were pulled after parents expressed concern. why were parents worried? i

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to: