Question

Business Financial Calculations e and orsun uld be an 17. A company is developing a new smart card technology that allows cus tomers to maintain all financial and investment account information on one card that they can use at ATMs. The company estimates the total number of possible users of the technology to be 58 million. If 3 percent of the consumers are innovators, 10 percent early adopters, 36 percent early majority, 32 percent late majority, and the remainder laggards, how many users are in each of the adoption categories? 18. Consumers currently make 33 percent of in-store payments with cash 14 percent by check, 19 percent with a credit card, and 23 percent with a debit card. If a store has $589,200 of sales, what was the amount paid using each method? Prepare a pie chart to illustrate the percentage breakdown of payment methods. 19. Research by Celent Communications compared the total amount of fraud in the U.S. with the amount of online fraud. Their findings were CREATE av Computer wo photos, othe CONNECT tate it to an connection procedures Stoc Technola informat tion's ef Year Total Fraud (in millions) Online Fraud Rates successf Use been st 1. Li 2003 2004 2005 2006 2007 $2,373.2 $2,664.9 $2,745.4 $3,028.8 $3,212.7 2.5% 2.4% 2.2% 2.0% 2.0% Calculate the dollar amount of online fraud for each year and the total cost of fraud and online fraud over the five-year period. Using those totals, what was the average online fraud rate for the entire time? ter 11 Technology and Financial Management

Answer 1

As there is no clarity as to which question to answer, as more relevant i am answering question 19.

1. Year	total fraud	online fraud rate	online fraud amount
   2003	2373.2	2.5%	59.33
   2004	2664.9	2.4%	63.96
   2005	2745.4	2.2%	60.40
   2006	3028.8	2.0%	60.58
   2007	3212.7	2.0%	64.25

   The total cost of fraud is 14,025 and the total cost of online fraud is 308.52

2. The average of the online fraud rate is 308.52/14025 = 2.2%

3. All the values are rounded off to two decimal points.