Robinson Hardware is adding a new product line that will require an investment of \( \$ 1,346,000 \). Managers estimate that this investment will have a 10 -year life and generate net cash inflows of \( \$ 290,000 \) the first year, \( \$ 260,000 \) the second year, and \( \$ 210,000 \) each year thereafter for 8 years. Compute the payback period. Round to one decimal place. Payback in years =

What is the approximate balance after 20 years? Choose the correct answer below. \( \begin{array}{ll}\text { A. } \$ 200 & \text { B. } \$ 400 \\ \text { C. } \$ 100 & \text { D. } \$ 10 \\ \text { b) About how fast is the balance increasing after } 20 \text { years? } \\ \text { Choose the correct answer below. } \\ \begin{array}{ll}\text { A. } \$ 5 / y e a r & \text { B. } \$ 200 / y e a r \\ \text { C. } \$ 20 / y e a r & \\ \text { c) Use the answers to parts a) and b) to determine the interest rate. }\end{array} \\ \text { The interest rate is } \square \% .\end{array} \)

1. Which word or words go with money? \( \begin{array}{llll}\text { (a) bankrupt } & \text { (b) motion } & \text { (c) budget } & \text { (d) fad }\end{array} \)

2 Jane sells jewellery. Her weekly commission is based on a sliding scale of \( 9 \% \) on the first \( \$ 2500 \) of her sales, \( 5 \% \) on the next \( \$ 5000 \) and \( 1 \% \) thereafter. She also gets a weekly retainer of \( \$ 500 \) Jane's weekly commission

A farm purchased in 2000 for \( \$ 1 \) million was valued at \( \$ 3 \) million in 2008. If the farm continues to appreciate at the same rate (with continuous compounding), when will it be worth \( \$ 14 \) million? Find a function \( \mathrm{A}(\mathrm{t}) \) that gives the current value of the farm. \( \mathrm{A}(\mathrm{t})=\square \) (Type an exact answer.)

camera has a listed price of \( \$ 779.98 \) before tax. If the sales tax rate is \( 9.75 \% \), find the total cost of the camera with sales tax included Round your answer to the nearest cent, as necessary. \$ \( \square \)