A machine is purchased for $6500. It is expected to last 8 years and have a residual value of $700. What is the annual straight-line depreciation amount? The machine will depreciate $ per year.

Q: Upgrading a Class B office space to a Class A space will cost $5,513. How much will the monthly rent…

A: we have to find increase in monthly rent.

Q: Find the nominal interest rate compounded daily that corresponds to an effective rate of 4 %- 4

A: Effective interest rate=1+rnn-1

Q: Assume that cigarettes cost $9.50 per pack and consider a 20 year old  college student smoker who…

A: Here given  cost of 1 cigarette= $ 9.5 and college student somkes 16 packs per month  And now he…

Q: Find the effective yield of an investment that earns 5% compounded weekly. % round to the nearest…

A: Given ,  rate of interest = 5% weekly

Q: Find the effective yield of an investment that earns 3.8% compounded quarterly

A: The effective yield is calculated as follows:

Q: Find the effective rate of the interest that is equivalent to an 9% rate compounded monthly.

A: Effective rate of interest :   The Effective Annual Interest Rate (EAR) is the interest rate that is…

Q: A new truck costing $50,000 with a residual value of $4,000 has an estimated useful life of five…

A: given that new truck cost = $50,000 residual value = $4,000

Q: Upgrading a Class B office space to a Class A space will cost $8,085. How much will the monthly rent…

A:

Q: Find the accumulated present value of a 11-year $70,000 continuous income stream that has been…

A:

Q: Find the principal needed to get $600 after 2 years at 4% compounded quarterly.

A:

Q: Find the amount that results from each investment.$500 invested at 8% compounded quarterly after a…

A: Given that, $500 invested at 8% compounded quarterly after a period of 212 years

Q: Find the principal needed now to get each amount; that is;To get $75 after 3 years at 8% compounded…

A:

Q: How long does it take to increase 40% of original principal at 4% compounded monthly?

A: Solving the problem by finding the time in years.

Q: Suppose that the total interest that will be paid on a 25-year mortgage from a home loan of $130,000…

A: The loan = $ 130,000Interest is = $ 380,000Total loan and the interest= ( 130,000 + 380,000)= $…

Q: What will a $90,000 condominiumcost 5 years from now if the price appreciation for condos overthat…

A: To find: The price for condos after 5 years from now: Given: The principle price is $90000 and  rate…

Q: Find the effective yield of an investment that earns 7.65% compounded daily. round to the nearest…

A: Compounded daily ie m=365. Rate 7.65%. Find effective annual rate.

Q: Find the present value that m deposited now to amount to 24,500 in 5 years at 8%

A:

Q: How long was ₱30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A: Given, P= 30,000 A= 50,000 r=8.25%=0.0825 n=12(compounded monthly)

Q: How many years if the computed total conversion periods is 51 when compounded quarterly?

A:

Q: Find the effective yield for the investment. Round to the nearest hundredth of a percent. 6%,…

A: Rate of interest , r = 6% = 0.06 [ convert r to a ratio from percentage] Investment is compounded…

Q: 2. When buying a new car, one consideration is how fast the car loses value, known as the…

A:

Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

A:

Q: Find the effective yield of an investment that earns 4.1% compounded quarterly.

A:

Q: Find the time required for an investment of 5000 dollars to grow to 6600 dollars at an interest rate…

A: An investment of 5000 dollars to grow 6600 dollars at an interest rate of 7.5 percent per…

Q: A $1,000,000 lottery prize pays $50,000 per year for the next 20 years. If the current rate of…

A:

Q: Find the annual percentage  yield for an investment that earns 5 1/ 2% per year, compounded…

A: Given data: The amount is given by "A" The rate of interest per year is given by…

Q: If an investment company pays 6.5% compounded semi – annually, how much should you deposit now to…

A:

Q: A machine is valued at $10,000. If the depreciation at the end of each year is 20% of its value at…

A:

Q: A retiree requires an annual income of at least $9000 from an investment paying 7.5% annual…

A: Given: A retiree requires an annual income of at least $9000 from an investment paying 7.5% annual…

Q: José bought a motorboat for $ 27,000. Its useful life is 9 years and it has a residual value of $…

A:

Q: Find the time required for an investment of 5000 dollars to grow to 9000 dollars at an interest rate…

A:

Q: A vehicle purchased for $29,800 depreciates at a constant rate of 6%. Determine the approximate…

A: Given, The original value of the vehicle, P = $29,800, Rate of depreciation, r = 6% = 0.06 Time, t =…

Q: Find the amount of money that accumulates when A one time lump sum investment of P= $50,000 is made…

A:

Q: monthly

A:

Q: 1) Suppose a credit card borrower has a debt of $4000 with an interest rate of 24%. Assume the…

A: Formula for the compound interest is given by,

Q: Calculate, to the nearest cent, the present value of an investment that will be worth $4,000 after 9…

A:

Q: If $800,000 is invested at simple interest at a rate of 6%, calculate the total amount after 5 years

A:

Q: if changing market condition cause a company earning 8000000 in 2005 to project a loss of 2 percent…

A: Given that, the earning in 2005 is 80,00,000 and each of the next 5 year the loss is 2% of its…

Q: A vehicle purchased for $32,500 depreciates at a constant rate of 4%. Determine the approximate…

A: Depreciation on a vehicle can be determined by the formula v = c ( 1-r)t ---- [ I] where V is the…

Q: What is the value of an asset after 8 years of use if it depreciates from its original value of…

A:

Q: A factory equipment has an initial cost of P200,000.00. Its salvage value after ten years is…

A: Please check step 2 for the solution.

Q: Find the effective yield of an investment that earns 2.5% compounded % round to the negrest…

A:

Q: What will a $90,000 house cost 4 years from now if the price appreciation for homes over that period…

A:

Q: Suppose that you have $5000 to invest. Which investment yields the greater return over 5 years: 5.5%…

A:

Q: At the initial time of its purchase, an investment held by Dustin was worth $22,400, but starts to…

A: Given initial value=P0 = $22400 rate of depriciation, r=4%=0.04

Q: Find the total investment after the given time. $58,000 at 5.5% compounded quarterly for 2 years.

A: To find the total investment after the given time. Given that , $58,000 at 5.5% compounded quarterly…

Q: Determine how much time is required for an investment to double in value if interest is earned at…

A: Given:Determine how much time is required for an investment to double in value if interest is earned…

Q: A machine is valued at $10,000. If the depreciation at the end of each year is 10% of its value at…

A: