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please answer all the 4 ques 0 You MUST use the TI BA ll calculator features (N, I/Y, PV, PMT, FV) to solve questions whenever

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please answer all the 4 ques

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0 You MUST use the TI BA ll calculator features (N, I/Y, PV, PMT, FV) to solve questions whenever possible. 0 Round your final answers to two decimals for currency values and four decimals for other values when necessary. 1. Determine the proceeds of a ten-year promissory note dated April 1, 2017, with a face value of $1,300, bearing interest at 7% compounded semi- annually, discounted seven years later when money was worth 9% compounded quarterly. (5 marks) 2. A clothing store buys shorts for $24 less 40% for buying over 50 pairs, and less a further 16 2/a% for buying last season's style. The shorts are marked up to cover overhead expenses of 25% of cost and a profit of 33 V3% of cost. What is the rate of markdown if the shorts are sold at the break-even price (i.e. cost plus overhead)? (5 marks) 3. Debt payments of $700 in two months and $800 in five months are scheduled to be due. If simple interest at 8.3% is allowed, what single payment today is required to settle the two scheduled payments? (5 marks) 4. Maritime Insurance projected revenue of $2,995,200, total variable cost of $778,752, and fixed cost of $1,962,000 for the next year. How much of this product line does the business need to sell to break even

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