Question #1 – Simple InterestJason needed to borrow $4,000 to pay for plane tickets to Europe. His bank offered him a simple interest loan with an 8% annual interest rate and a 24-month term. Jason does not want to pay any more interest than he must so he checked with his credit union and found they would offer him the same loan amount with 6% simple interest on a 3-year loan. Jason’s loan at both institutions was structured as an installment loan.Calculate the finance charge (interest), the total installment price, and the monthly payment for the bank loan.Calculate the finance charge (interest), the total installment price, and the monthly payment for the credit union loan.Which loan is going cost Jason more in terms of finance charge?Aside from the finance charge consideration, what other factors might influence Jason’s choice of loan?Question #2 – Effective Annual YeildA savings account has a nominal rate of 7%. The interest is compounded daily. Find the account’s effective yield assuming 360 days in a year.Question #3 – Annuity PaymentDavid is saving money to open a workout gym. He needs $10,000 in three years to purchase equipment and initiate a building lease. He’s investing his savings in an annuity yielding an annual interest rate of 6.5% compounded monthly. If the annuity requires that David make monthly investments, what annuity payment must Jeremy make to save $10,000?Requirements: Show all your work so that the instructor clearly sees how you solved the problem.Make sure your final answer is clear and visible.

EXERCISE 8 Measures of Central Tendency: Mean, Median, and Mode 1. The number of nursing students enrolled in a particular nursing program between the years of 2010 and 2016, respectively, were 563, 593, 606, 520, 563, 610, and 577. Determine the mean (X), median (MD), and mode of the number of the nursing students enrolled in this program. Show your calculations. 2. What is the mode for the variable inpatient complications in Table 2 of the Winkler et al. (2014) study? What percentage of the study participants had this complication? 3. Does the distribution of inpatient complications have a single mode, or is this distribution bimodal or multimodal? Provide a rationale for your answer. 4. As reported in Table 1, what are the three most common cardiovascular medical history events in this study, and why is it clinically important to know the frequency of these events? 5. What are the mean and median lengths of stay (LOS) for the study participants? 6. Are the mean and median for LOS similar or different? What might this indicate about the distribution of the sample? Provide a rationale for your answer. 7. Examine the study results and determine the mode for arrhythmias experienced by the participants. What was the second most common arrhythmia in this sample? 8. Was the most common arrhythmia in Question 7 related to LOS? Was this result statisti­cally significant? Provide a rationale for your answer. 9. What study variables were independently predictive of the 50 premature ventricular con­tractions (PVCs) per hour in this study? 10. In Table 1, what race is the mode for this sample? Should these study findings be general­ized to American Indians with ACS? Provide a rationale for your answer