9. A recent survey of college graduates found the mean time…

9. A recent survey of college graduates found the mean time to complete a bachelor’s degree was 4.6 years, with a standard deviation of 2.2 years. If the sample size of this survey was 34 students, construct a 95% confidence interval of the true mean length of time to complete a bachelor’s degree. Round the lower and upper bounds to the nearest hundredth.

What is the present value of the following cash flow today?…

What is the present value of the following cash flow today? Assume an interest rate of 4%.             Year:                  0             1             2             3            4           5             Cash Flow:      -$800     -$300    +$400     +$600     +$500     +$500                     

What is the present value of the following cash flow today?…

What is the present value of the following cash flow today? Assume an interest rate of 6%.               Year:                  0            1            2             3            4         5             Cash Flow:     -$800     -$300    +$400     +$600    +$600     $500