Jorge sold 200 shares of Pacific stock at $21; 300 shares of Atlantic stock at $32; and 100 shares of Inland stock at $42. Commission charges were $0.20 per share. Compute the proceeds of the sale.​

PQI Quality, Inc. takes inventory semiannually and bases inventory on selling price. Beginning inventory for the year was $90,800. Inventory at the end of the first six months was $108,000. Ending inventory for the year was $97,600. Net sales for the year equal $357,740. Compute the inventory turnover at retail.​

Calculate the nominal and effective rate of interest for the following ordinary annuity. Determine the nominal interest rate whose compounding interval equals the payment interval.