1. Using the formula for the time value of money, if 15,000 is invested for one year at a 10% interest component quarterly. What is the future value of that money?

2. What is the main difference between a simple moving average [SMA) and a weighted moving average [wma).

3. A fashion designer predicted in September, that in October, the man for dresses would be 142 dresses. The actual October demand was 153 dresses. the management has decided to use as smoothing constant of a = .20, to forecast November demand using the exponential smoothing model. What is the forecast for November?