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(a) Write and execute a MATLAB program to calculate for an arbitrary n. Use your program to calculate 64!.
(b) What is the largest integer n for which your program gives a finite answer?
(c) Sterling's approximation for the factorial function is given by
Use your program to compare the true value of n! with Sterling's approximation. For what ranges of n is the approximation within 1% of the true value?
Consider a $500 deposit earning 5 percent interest per year for 5 years. How much total interest is earned on interest (excluding interest earned on the original deposit)
If you deposit money today in an account that pays 7% annual interest, how long will it take to double your money
A hospital reported net income for 2006 of $2.5 million on total revenues of $40 million. Depreciation expense was $500,000. What was the hospitals 2006 cash flow and total profit margin
a bank can borrow or lend LIBOR. suppose that the six- month rate is 2% and the nine- month rate is 3%. The rate that can be locked in for the period between six months and nine months using an FRA is 4%.
How would an economist rank the following two policies in this situation? Why? - A tariff on imports, to make sure that domestic production using the new technology occurs.- A subsidy to domestic production, to make sure that domestic production usi..
A firm has fixed costs paid in cash of $600,000 per year, depreciation is computed on a straight line basis and annually is $125,000, an accounting break-even point of 3,740 units, and a price per unit of $450.
Debt: The firm can sell for $980 a 10-year, $1000 par bond paying annual interest at a 10% coupon rate. A flotation cost of 3% of the par value is required in addition to the discount of $20 per bond.
Merton Enterprises has bonds on the market making annual payments, with 14 years to maturity, and selling for $972. At this price, the bonds yield 8.4 percent.
Let's say that the mean age of people in a class of 31 students is 33.8 years, and the standard deviation is equal to 7 years, and that you as a member of the class are 26.
Stock A has beta of 1.5 , Stock B has beta of 0.75, the expected rate of return on an average stock is 13% , and the risk -free rate of return is 7%.
SDJ, Inc., has net working capital of $1,015, current liabilities of $6,725, and inventory of $1,135. What is the current ratio What is the quick ratio
Consider the following Preliminary cash-flow forecasts for Otobai's electric scooter project (figures are in $billions). Calculate the variable cost per unit at which the electric scooter project would break even.
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