Ferris, inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. their scheduled payments, starting at the end of the year are as follows—$450,000, $560,000, $750,000, $875,000, and $1,000,000. what is the present value of these payments? (round to the nearest dollar.)

If a bond is issued at a premium the effective interest rate is most likely

Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?

Afood worker has just rinsed a dish after cleaning it. what should he do next?