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please answer these multiple choices 6-9 a 6. If a data set has an even number of observations, the median cannot be determined b. is

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a 6. If a data set has an even number of observations, the median cannot be determined b. is the average value of the two middle items must be equal to the mean d is the average value of the two middle items when all items are arranged in ascending order C. Assume that, to help build your nest-egg, you made two deposits of $100, one on January 1, 1999, and one on July 1, 1999, in a savings account that paid 10 percent compounded semiannually. On January 1, 2000, the bank increased the interest rate paid on savings accounts to 12 percent, annual compounding. Then you made a third $100 deposit on April 1, 2000. How much should there be in your account on January 1, 2001? a. b. G d. e. $353.08 3349.95 $355.27 $362.10 $338.43 7 8. You are given the following cash flows. What is the present value it - 0) 17 the discount rate is 12 percent? 9 0 1 2 3 4 30 $1 $2,000 $2,000 $2,000 $0-$2,000 a. $3,277 b. $4,804 c. $5,302 d. $4,289 e. $2,804 Editing 9 Express Airlines is considering the purchase of an aircraft to supplement its current fleet. In estimating the impact of adding this aircraft to the fleet, management has developed the following expected cash flows: End of Year 1 2 3 4 -$1,000 $100,000 $100,000 $100,000 $100,000 $100,000 -$300,000 6 7 If the discount rate is 10 percent, what is the present value of these estimated flows? a. b. G. d. $379,080 $224,211 $189,760 $154,869 $199,000 e. D. Focus

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