Bob and Mary start traveling toward each other from 600 miles apart. Bob is traveling at 45 miles per hour; Mary at 55 miles per hour. Compute the time elapsed before they meet.

The payee on a 3-month $2,700 promissory note earning interest at 4% simple interest wishes to sell the note to raise some cash. What price should she be prepared to accept for the note (dated May 19) on June 5 in order to yield the purchaser a 7% rate of return?

Calculate the Y-intercept from the following data.
b₁ = 0.78; b₂ = 0.88 = 4.20; = 3.75; = 2.98

If the US$ per £ exchange rate increases by US$0.006 from its value US$1.00 = ₤0.6586, what will be the change in the £ per US$ exchange rate?

Your client will retire this year. Currently she has $560,000 in accumulated capital. She wants to invest this capital to provide equal payments at the end of each year for 20 years, at which time the capital will be fully depleted. If her capital earns 7.5% compounded annually, what annual payment will she receive? Taken from CIFP course materials.

The central limit theorem states that when an infinite number of random samples are drawn from a population, the sample means are approximately normally distributed with a mean equal to the ______ and a standard deviation equal to the ______ of the mean.

A) population mean; standard error
B) population mean; standard deviation
C) sample mean; standard error
D) sample mean standard deviation

Curtis Auto Parts takes inventory annually. Beginning inventory for the year was $247,000. Ending inventory for the year was $230,000. Compute the average inventory for Curtis Auto Parts.​