HW1_Student (1)

A customer deposits his money in a bank for 10 million dollars for 2 years. If the deposit interest rate offered by the bank is 8% per year, and the interest calculation system uses a compound interest system that is paid every 3 months. Calculate the value of the customer's deposit at the end of the second year!

An A&E firm planning for a future expansion deposited $36,000 each year for 5 years into a sinking (investment) fund that was to pay an unknown rate of return. If the account had a total of $454,000 immediately after the fifth deposit, what rate of return did the company make on these deposits? The rate of return that the company made was %.

(a) Calculate the amount deposited 1 year ago to have $1000 now at an interest rate of 5% per year. • (b) Calculate the amount of interest earned during this time period.   please show me how you solved it mathematically

A savvy investor paid $5,500 for a 20-year $10,000 mortgage bond that had a bond interest rate of 8% per year, payable quarterly. Three years after he purchased the bond, market interest rates went down, so the bond increased in value. If the investor sold the bond for $11,500 three years after he bought it, what rate of return did the investor make per quarter and per year (nominal)? The rate of return per quarter is%. The rate of return per year is%.

Construct a cash flow diagram that represents the amount of money that will be accumulated in 7 years from an initial investment of $24,000 now and $3,000 per year for 7 years at an interest rate of 12% per year. I hope someone can help me and explain how it is solved

How much money would you pay in interest if you borrowed $18,000 for one year at simple 20% per year?

The business plan for KnowIt, LLC, a start-up company that manufactures portable multigas detectors, showed equivalent annual cash flows of $400,000 for the first 5 years. If the cash flow in year 1 was $306,000 and the constant increase thereafter was $50,000 per year, what interest rate was used in the calculation?      The interest rate used in the calculation was

A credit union charges 4% interest per month on the unpaid balance for purchases made on the credit card. Calculate the effective annual interest rate. use a cash flow diagram and manual solution.

A manufacturer of toilet flush valves wants to have ₱15,000,000 available 10 years from now so that a new product line can be initiated. If the company plans to deposit money each quarter from now, how much will it have to deposit each year if money is worth 7% compounded quarterly in order to have it available immediately at the end of 10 years? (a) Less than ₱182,000 (b) ₱182,500 (c) ₱191,300 (d) Over ₱262,000

If 100,000 is deposited in the bank annually with a 12% per year interest rate. how long will the money become 1,000,000?

INDICATE A CASH FLOW DIAGRAM For an interest rate of 3% per quarter, determine the nominal interest rate per (a) semiannual period, (b) year, (c) 2 years.

Please answer fast please arjent help

Darien invests $10,000 in an account that pays 3.2% interest per year, compounded semi-annually. What is the amount of money that he will have after 3 years?

A fresh graduate engineer decides to start a consulting firm by borrowing $130,000 at interest rate of 13% per year interest, using the formula: a) What is the loan payment each year to pay off the loan in 7 years?, b) Using the above calculation, draw the cash flow diagram Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

.. If an engineer borrows $1,000 from the company credit union at 5% per year compound interest, compute the total amount due after 3 years.

a) Cash Flow Diagram b) manual solution Company A plans to get a loan that will be repaid with uniform payments of $30,000 over 20 years beginning 5 years from the granting of the loan. How much would the bank loan Company A if the interest rate is 10% per year?

How much will Kingston Technologies have to pay each year in 8 equal payments, starting 2 years from now, to repay a $900,000 loan. The interest rate is 8% per year? Kingston Technologies will have to pay $ loan. each year to repay the

How many years would it take for an investment of $280,000 to accumulate to at least $425,000 at 15% per year interest?

Because testing of nuclear bombs was halted internationally in 1992, the Department of Energy has developed a laser system that allows engineers to simulate (in a laboratory) conditions in a thermonuclear reaction. Due to soaring cost overruns, a congressional committee undertook an investigation and discovered that the estimated development cost of the project increased at an average rate of 2% per month over a 5-year period. If the original cost was estimated to be $2.3 billion 5 years ago, what is the expected cost today?

• Calculate the amount deposited 1 year ago to have P75 now at an interest rate of 25% per year. Also, calculate the amount of interest earned during this time period.

What is meant by the term intangible factor?

How long does it take to triple an investment (to become 3 times) if the investment pays simple interest rate of 22 9% per year.

You plan to deposit $100 per week into a fund that pays interest of 6% per year, compounded quarterly. Identify the interest period, compounding period, and number of times interest is com-pounded per interest period. Additionally, include the cash flow diagram. Could I please get help with question without the use of excel.

An A&E firm planning for a future expansion deposited $40,000 each year for 5 years into a sinking (investment) fund that was to pay an unknown rate of return. If the account had a total of $451,000 immediately after the fifth deposit, what rate of return did the company make on these deposits?

A company borrows $10,000 at a nominal interest rate of 8% per year. How much interest will they owe after the first year?

What are the values of the engineering economy symbols P, F, A, i, and n in the following spreadsheet or TVM calculator functions? Use a “?” for the symbol that is to be determined.a. FV(8%,10,2000,-10000)b. PMT(12%,30,16000)c. PV(9%,15,1000,700)d. n(8.5,5000,-50000,20000)

Parkhill, Smith, and Cooper, a consulting engineering firm, pays a bonus to each engineer at the end of the year based on the company’s profit for that year. If the company’s initial investment was $1.2 million, what rate of return has it made if each engineer’s bonus has been $3000 per year for the past 10 years? Assume the company has six engineers and that the bonus money represents 5% of the company’s profit.

Solve the following problems: 1. In order to build a new warehouse facility, the regional distributor for Valco Multi-Position Valves borrowed $1.6 million at 10% per year interest. If the company repaid the loan in a lump sum amount after 2 years, what was (a) the amount of the payment, and (b) the amount of interest? 2. A sum of $2 million now is equivalent to $2.42 million 1 year from now at what interest rate? 3. In order to restructure some of its debt, General Motors decided to pay off one of its short-term loans. If the company borrowed the money 1 year ago at an interest rate of 8% per year and the total cost of repaying the loan was $82 million, what was the amount of the original loan? 4. How many years would it take for an investment of $280,000 to cumulate to at least $425,000 at 15% per year interest? 5. Valtro Electronic Systems, Inc. set aside a lump sum of money 4 years ago in order to finance a plan expansion now. If the money was invested in a 10% per year simple…

Bid 1: 9% per year, compounded quarterly Bid 2: 3% per quarter, compounded quarterly Bid 3: 8.8% per year, compounded monthly (a) Determine the effective rate for each bid on the basis of semiannual periods. (b) What are the effective annual rates? These are to be a part of the final bid selection. (c) Which bid has the lowest effective annual rate?

Engineering Econom

CTX makes E-devices and planning to expand its production facility at a cost of 1.5 million one year from now. But a subcontractor who needs work has offered to do the job for 890,000 pesos if the company will do the expansion now instead of 1 year from now. How much of a discount is the company getting, if the interest rate is 15% per year?

Aira has invested $7,000, part at 4% and the remainder at 8% simple interest. How much is invested at higher rate if the total annual interest from these investments is $431.6