Mathematics For Machine Technology
8th Edition
ISBN: 9781337798310
Author: Peterson, John.
Publisher: Cengage Learning,
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Chapter 26, Problem 16A
Pieces each 3.25 inches long are to be cut from lengths of bar stock. Allowing010 inch for cutoff per piece, how many complete pieces can be cut from twelve 8-footlengths of stock?
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Drapers' Bank offers loans and deposits with interest rate 5% compounded monthly.
(a)
If you deposit £5,000 in a Drapers' Bank account, how much money will be in your account 4 years from now? Enter your answer correct to the
nearest pound.
Answer:
(b) What is the effective interest rate of a Drapers' Bank account? Enter your answer as a percentage correct to 3 significant digits.
Answer:
(c)
Drapers' Bank gives you a loan of £60,000 to start a new company under the condition that you pay back the loan in monthly instalments of EC to
be paid at the end of each month over the next 5 years, starting at the end of this month. Determine the value of C and enter it correct to the nearest pound.
Answer:
The Mason group has a liability of £200,000 to be paid in 14 years' time. It wants to Redington immunise these liabilities with assets consisting of amount P in
a bank and Q 18-year zero coupon bonds, with P and Q to be determined. Interest is compounded monthly at rate 8%.
(a)
Answer:
What is the present value of the liability? Enter your answer correct to the nearest pound.
(b) What is the duration of the liability? Enter your answer correct to 3 significant digits.
Answer:
(c) What is the convexity of the liability? Enter your answer correct to 3 significant digits.
Answer:
(d)
Write down the two equations that P and Q need to satisfy for Redington immunisation to hold and solve these equations for P and Q. Enter the
answers correct to the nearest pound.
Answers: P=
Q=
(e) What is the convexity of the assets in this case? Enter your answer correct to 3 significant digits.
Answer:
(f)
Is the convexity condition that is necessary for Redington immunisation satisfied in this case?…
Chapter 26 Solutions
Mathematics For Machine Technology
Ch. 26 - Prob. 1ACh. 26 - 6 is 82% of what number? If necessary, round the...Ch. 26 - Of two gears that mesh, the one with the greater...Ch. 26 - Compute 16.0025+82.312.419.354.62 . Round the...Ch. 26 - The volume V of a cone with height h and diameter...Ch. 26 - Add 432.78 + 43.278 + 4.3278.Ch. 26 - In Exercises 7 through 12, express each of the...Ch. 26 - In Exercises 7 through 12, express each of the...Ch. 26 - In Exercises 7 through 12, express each of the...Ch. 26 - In Exercises 7 through 12, express each of the...
Ch. 26 - In Exercises 7 through 12, express each of the...Ch. 26 - In Exercises 7 through 12, express each of the...Ch. 26 - Pieces that are each 378 inches long are to be cut...Ch. 26 - A 312 inch diameter milling cutter revolving at...Ch. 26 - How many complete 6-foot lengths of round stock...Ch. 26 - Pieces each 3.25 inches long are to be cut from...Ch. 26 - Arithmetic Operations with Linear Units In...Ch. 26 - Prob. 18ACh. 26 - Arithmetic Operations with Linear Units In...Ch. 26 - Prob. 20ACh. 26 - Prob. 21ACh. 26 - Prob. 22A
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- Already got wrong chatgpt answer Plz don't use chatgpt answer will upvote .arrow_forwardNo chatgpt pls will upvote Already got wrong chatgpt answerarrow_forwardFunction: y=xsinx Interval: [ 0 ; π ] Requirements: Draw the graphical form of the function. Show the coordinate axes (x and y). Choose the scale yourself and show it in the flowchart. Create a flowchart based on the algorithm. Write the program code in Python. Additional requirements: Each stage must be clearly shown in the flowchart. The program must plot the graph and save it in PNG format. Write the code in a modular way (functions and main section should be separate). Expected results: The graph of y=xsinx will be plotted in the interval [ 0 ; π ]. The algorithm and flowchart will be understandable and complete. When you test the code, a graph file in PNG format will be created.arrow_forward
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