1. A cocktail nut mix should have the following minimum requirements in a can of 1 pound being sold at $3.99 a can at retail stores. The following information is given:

Nut Type	Minimum Amt	Maximum Amt	Cost per pound
Almond	10%	100%	$2.70
Peanut	0%	50%	$1.15
Walnut	20%	100%	$2.05
Cashew	0%	40%	$1.70

The can costs $0.10. Find the proportion of these nuts by weight to maximize the profit of the nut manufacturer. Use those proportions to select the answer closest to the profit that can be made per can if it is sold to the retail store at $3.00 a can.

a.

$1.48

b.

$1.00

c.

$1.30

d.

$2.29

2. Find the value of T, the equivalent uniform flow of the given set of flows, if the interest rate is 15% per period.

Use the following values for the positive flows:

Flow	Value
X1	$30
X2	$60
X3	$90
X4	$120

a. $173.25

b.

$51.57

c.

$51.68

d.

$60.00

X, 0-1-2-3-4-5 51 7 411 T 3--+ 7 X, 21-Y T