Miles is floating happily on a rubber raft in his swimming pool in new jersey when the raft busts and cuts his eye. his doctor says he will need corrective surgery and may never fully regain his eyesight in the damaged eye. miles learns that the raft was manufactured in louisiana, by intack inc., a company headquartered in new mexico. miles bought the raft from a kidz toyz store, a chain of stores in new jersey that sells many intack products. miles sues intack in a new jersey federal court for $100,000. intack files a motion to have the case moved to federal court in new mexico, saying that new jersey lacks jurisdiction over the case. is intack correct?

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76