BADB1014: Quantitative Methods Assignment, UIU, Malaysia An Invoice Dated December 23 Is Received With A Shipment Of Basketball Equipment From Taiwan On May 18 Of The Following Year

1 An invoice dated December 23 is received with a shipment of basketball equipment from Taiwan on May 18 of the following year. The list price of the equipment is $3582, with allowed series discounts of 20/10/5. If cash terms of sale are 3/15 ROG, find the amount necessary to pay in full on April 26.

2. A retailer knows that 30% of the apples purchased will spoil and must be thrown out. If they buy 200 baskets of apples for $0.32 per basket and want a markup of 60% on the selling price, find the selling price per basket of apples.

3. A company paid $362.40 for an item. The original price was $491.80, but this was marked down 40%. If the operating expenses are 38% of the cost, find the operating loss and the absolute loss.

4. Sundaram needs $54,800 to remodel his home. Find the face value of a simple discount note that will provide the $54,800 in proceeds if he plans to repay the note in 180 days and the bank charges a 6% discount rate.

5. Peter deposited $25,000 in a savings account on April 1 and then deposited an additional $4500 in the account on May 7. Find the balance on June 30 assuming an interest rate of 4% % compounded daily.

6. At the end of each year, Shaun and Sherly will deposit $5100 into a 401k retirement account. Find the amount they will have accumulated in 12 years if funds earn 6% per year.

1. The table below contains the data for time, in seconds, to answer 50 incoming calls to a financial services call center. Answer the following questions.

a. Construct a frequency distribution for the above data set using six classes.

b. Using the result from part (i), calculate the relative frequencies for each class.

c. Construct a frequency histogram for these data.

a. Calculate the mean score.

b. Find the median and mode.

c. Calculate the standard deviation for the sample data.