MATH 106 Finite Mathematics 2182-OL1-6380-V1 Page 7of 1018. A freight-hauling firm estimates that it will need a new forklift in six years. The estimated cost of the vehicle is $40,000. The company sets up a sinking fund that pays 8% compounded semiannually, into which it will make semiannual payments to achieve the goal. Calculate the size of the payments.Show work.
______________________________________________________________________________ 19. According to Pricewaterhouse Coopers, "Global State of Information System Security 2015", there were 3.4 million “detected and reported information security incidents” (cyberattacks, etc.) against computer networks in the USA in 2009. In 2014, that number had risen to 42.8 million. (a) Which of the following linear equations could be used to predict annual number (in millions) of detected and reported information security incidents “y” in a given year “x”, where x= 0 represents the year 2009? Explain/show work. ?. ? = 0.13? + 2009 ?. ? = 7.88? + 2009?. ? = 0.13? + 3.4 ?. ? = 7.88? + 3.4(b) Use the equation from part (a) to predict the number (in millions) of detected and reported information security incidents in the year 2017. Round answer to nearest tenth of a million. Show work. (c) Fill in the blanks to interpret the slope of the equation: The rate of change of detected and reported information security incidents against computer networks in the US with respect to time is __________ per ___________. (Include units of measurement.) 20. Bank A pays 5% compounded daily, while Bank B pays 5.12% compounded monthly. Which bank pays more? Explain. Show work