1. Calculate EOQ if annual sales in units are 60,000, price per unit is $4, carrying costs are 22%, and fixed costs per order is 100.*

_{Enter your answer below. Numerical values only. Be sure to keep entire number sequences within calculations, and enter your answer as a decimal rounded to the nearest hundredth.}

2. Refer to Question 1, if a firm allows a safety stock of 50 days, then what is the reorder point?*

_{Enter your answer below. Numerical values only. Be sure to keep entire number sequences within calculations, and enter your answer as a decimal rounded to the nearest hundredth.}

3. Refer to Question 1 to calculate orders per year.*

Enter your answer below. Numerical values only. Be sure to keep entire number sequences _{within calculations, and enter your answer as a decimal rounded to the nearest hundredth.}

_{Your answer}

4. What is the value at the end of 5 years for $200 with an interest rate of 5%?*

Enter your answer below. Numerical values only. Be sure to keep entire number sequences _{within calculations, and enter your answer as a decimal rounded to the nearest hundredth.}

5. What is the value of $300 compounded semiannually at 21% per year over 2 years?*

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6. What is the effective annual interest rate when 50% per year is compounded quarterly?*

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7. What is the present value if $500 to be received 6 years from now if money in hand can be invested at 3%?*

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8. What is the present value of future stream of receipts of $300 per year to be received at end of each year for next 6 years given discount rate of 6%?*

_{Enter your answer below. Numerical values only. Be sure to keep entire number sequences within calculations, and enter your answer as a decimal rounded to the nearest hundredth.}

9. If $300 is invested at the end of each year for 3 years at a rate of 8% what will the ending value of the investment be?*

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