Mr. Samer and his wife are saving for their university education. The daughter just turned 10, and she will be entering the university at the age of 18 years (8 years from today).
The university tuition and expense is currently $14,500 per year, but they are expected to increase at a rate of 3.5% per year. According
to university tuition policy, the tuition and other costs will be due at the beginning of each academic year.
Currently, Samer and his wife have accumulated $15,000 in their savings account and according to their long-run financial plan, they will
be adding $5,000 in each of the next 4 years. Then they plan to make 3 equal annual contributions in each of the following years. They
expect their investment account to earn 9%.
Based on the above information, answer the following questions:
• How much should Samer and his wife accumulate in their saving account to cover the university tuition and expense of the 4
years?
• How much must be the value of each of the annual payments (After the fourth year) to cover the anticipated university costs?

What is "staffing level"? a) the practice of assigning the same number of workers to each department b) the average educational level attained by employees of a business c) the rank above cashier d) the number of workers assigned to jobs at a particular time

Classifying inflows and outflows of cash classify each of the following items as an inflow (i) or an outflow (o) of cash, or as neither (n). lg 2 lg 2 item change ($) item change ($) cash +100 accounts receivable −700 accounts payable −1,000 net profits +600 notes payable +500 depreciation +100 long-term debt −2,000 repurchase of stock +600 inventory +200 cash dividends +800 fixed assets +400 sale of stock +1,000

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience. type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.1 20.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.