Biochemical Corp. requires $590,000 in financing over the next three years. The firm can borrow the funds for three years at 9.00 percent interest per year. The CEO decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.25 percent interest in the first year, 11.90 percent interest in the second year, and 8.15 percent interest in the third year. Assume interest is paid in full at the end of each year. a. Determine the total interest cost under each plan.

b. Which plan is less costly?

multiple choice
Long-term fixed-rate plan
Short-term variable-rate plan

Asays "we are both knaves" and b says nothing. exercises 24–31 relate to inhabitants of an island on which there are three kinds of people: knights who always tell the truth, knaves who always lie, and spies (called normals by smullyan [sm78]) who can either lie or tell the truth. you encounter three people, a, b, and c. you know one of these people is a knight, one is a knave, and one is a spy. each of the three people knows the type of person each of other two is. for each of these situations, if possible, determine whether there is a unique solution and determine who the knave, knight, and spy are. when there is no unique solution, list all possible solutions or state that there are no solutions. 24. a says "c is the knave," b says, "a is the knight," and c says "i am the spy."

Due to a packaging error, 4 cans labeled diet soda were accidentally filled with regular soda and placed in a 12 pack carton of diet soda. two cans were randomly selected from this 12 pack. what is the probability that both cans were regular soda?

Acompany charges $0.10 for each letter engraved. bobby plans to spend no more than $5.00 on the engraving on a jewelry box. write and solve an inequality to find the maximum number of letters he can have engraved.