Stealth fitness center issues 7%, 10-year bonds with a face amount of $200,000. the market interest rate for bonds of similar risk and maturity is 8%. interest is paid semiannually.
at what price will the bonds be issued? use table 2 and table 4. (round "pv factor" to 5 decimal places. round other intermediate calculations and final answer to the nearest dollar amount.)

The fraction of defective integrated circuits produced in a photolithography process is being studied. a random sample of 300 circuits is tested, revealing 17 defectives. (a) calculate a 95% two-sided confidence interval on the fraction of defective circuits produced by this particular tool. round the answers to 4 decimal places. less-than-or-equal-to p less-than-or-equal-to (b) calculate a 95% upper confidence bound on the fraction of defective circuits. round the answer to 4 decimal places. p less-than-or-equal-to