A supermarket wants to allocate 1.25% as a bounce to reward the hardworking employees from the total that will be made annually. The sales are expected to be ($350,320) in the first year and ($362,320) in the second year. The amount increases each year is 6% for the coming 12 years. If the interest rate was 8% per year, what is the equivalent annual worth of this bonus in years 1 to 14? Provide the cashflow diagram

Q: A motor corporation sells cars for P dollars, 40% of which must be paid in cash. The unpaid balance…

A: Time value of money- It is based on the concept that money earned today is worth more than similar…

Q: You wish to save $30,000 by making $1000 deposits at the end of each month. If the bank pays 4%…

A: Dear student, we need to use NPER and FV formulas in excel to solved this problem.

Q: A year-end bonus of $20,000 will generate how much money at the beginning of each month for the next…

A: Bonus amount (PV) = $20,000 Interest rate (r) = 6.21% Number of compounding per year (m) = 12 Number…

Q: First City Bank pays 6% annual simple interest on its saving account balances, whereas Second City…

A: given, first bank simple interest=6%second bank compound interest =6%p=$7500n=10 years

Q: Your company will generate $82,000 in annual revenue each year for the next six years from a new…

A: Annual revenue (P) = $ 82000 Discount rate (r) = 10.75% Per)iod (n) = 6 Years

Q: A manufacturing firm wishes to give each 80 employees a holiday bonus. How much(P) is needed to…

A: Individuals or companies invest regular amounts in financial instruments to earn interest on the…

Q: The ZLC consulting firm just signed an agreement to provide services to another firm.  In doing so,…

A: Here, To Find: Total Present Value of agreement =?

Q: year-end bonus of $25,000 will generate how much money at the beginning of each month for the next…

A: Year End Bonus=$25000 interest rate =6.06 monthly interest =6.06/12=0.505 monthly interest =0.505%0…

Q: The president of a growing firm wishes to give each of 15 employees a holiday bonus. How much is…

A: Given information: Number of employees is 15 Interest rate is 4% compounded monthly Bonus amount…

Q: One building was priced at $ 125,000 . If you advance $ 25,000 and every month after that If $ 1,000…

A:

Q: The president of a growing engineering firm wishes to give each of 50 employees a holiday bonus. How…

A: Given that : Compounded = quarterly Bonus for 50 employees = $1200 x 50 = $60,000 Principal = ? The…

Q: A store manager plans to exchange his old computer at the end of four years for a newer one worth…

A: The future value of the annuity is the total value of all the payments which is occurred regularly…

Q: Suppose that you borrow $10,000 from a bank to purchase a car. You agree with the bank to repay the…

A: Given: Particulars Amount Loan $10,000 Interest rate 16% Years 1

Q: A year-end bonus of $23,000 will generate how much money at the beginning of each month for the next…

A: Given data; year end bonus = $23,000 interest rate = 6.33% compounded monthly number of payments =…

Q: You invest $10,000 into a money market account that pays interest on a semi-annual basis (e.g.,…

A: We use NPER function in excel by taking present value as 10000 and future value as 20000 and…

Q: A company wants to have $40,000 at the beginning of each 6-month period for the next 4.5 years. If…

A: The given problem is on Annuity due Annuity due is an annuity whose  payment is due immediately at…

Q: To finance the development of a new product, a company borrowed $36.000 at 9% compounded monthly. If…

A: The act of repaying a loan taken from a lender, combined with the relevant interest amount, is known…

Q: The company sells products to a customer for $70,000 and will receive $10,000 at the end of each of…

A: Present value means value of cash flow that arise in future , by applying specific discounting…

Q: The company sells products to a customer for $60,000 and will receive $15,000 at the end of the…

A: Time value of money is the concept that states that the value of money have more worth than the same…

Q: London Motors will sell a $16,949 car for $335 per month for 60 months. What is the interest rate?

A: We use Rate function to calculate interest rate

Q: Your client currently has $7,600 in a 401K investment account. They contribute $200 a month into…

A: Current Value in Account = 7600 Monthly Contribution = 200 Monthly Compounding, Annual Return = 5.3%…

Q: if Jayne company gets a discount loan at a 12 percent interest rate.  They borrow $100,000 for one…

A: Since you have asked multiple questions, we will solve only one( i will be solving the 2nd question…

Q: Niagular Corp. needs to take out a one-year bank loan of $450,000 and has been offered loan terms by…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: The president of a growing firm wishes to give each of 20 employees a holiday bonus. How much is…

A: Nominal interest rate: It is the rate in which the effect of accounting has not been taken.

Q: How many years will it take Rexchem, Inc., to accumulate $375,000 for a chemical feeder, if the…

A:

Q: A company wants to have $20,000 at the beginning of each 6-month period for the next 4years. If an…

A: Present value of annuity concept is required to use in this case. Present value of annuity is the…

Q: Tedros borrowed $2 million and planned to repay the loan by making equal month-end payments over a…

A: Present value of all the monthly installments should be equal to the loan amount. Equated monthly…

Q: Tedros borrowed $2 million and planned to repay the loan by making equal month-end payments over a…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

Q: First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City…

A: Amount deposited (PV) in the Second City Bank is $66,000 Number of years (n) of deposit is 10 years…

Q: A year-end bonus of $26,000 will generate how much money at the beginning of each month for the next…

A: Bonus amount (PV) = $26000 Interest rate = 6.36% Monthly interest rate (r) = 6.36%/12 = 0.53% Number…

Q: it is desired to save $20,000 by depositing $800 every 3 months in an investment that pays 8%…

A: Annuity means a set of finite number of payments which are the same in size and made in equal…

Q: You've just joined the investment banking firm of Dewey, Cheatum, and Howe. They've offered you two…

A: Here the given rate is APR and as it is compounded monthly we need to find the EAR. EAR =…

Q: Your boss has asked you to evaluate the economic viability of refinancing a loan on your plant’s…

A: NPV is the net current worth of cash flows that are expected to occur in the future.

Q: rest per year, and SOY Rural Bank pays 10% per year. If the total interest earned on the investment…

A: Ryan has invested in two different banks for the gain of interest income. The total investment is…

Q: How many years will it take Rexchem, Inc. to accumulate $400,000 for a chemical feeder if the…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: If the interest rate is 9 percent compounded monthly, what is the value today of each option?

A: Present Value: It represents the present worth of the future sum of the amount or future annuity…

Q: Your start-up company's net profit next year will be $50,000, and you then expect that to increase…

A: Equivalent annual worth provides a basis of measurement and comparison by converting the cash flows…

Q: A company has had record profits and decided to use some of the profits to pay for manufacturing…

A: Annuity is the series of payment made by an investor at fixed interval for specified period of time.…

Q: French Fried Food Inc. wishes to accumulate P500,000 during the next 24 months to open a second…

A: The amount which are paid constantly without any change in amount or frequency is called Annuity and…

Q: A machine can be bought with an initial payment of $7,000 and equal installments of $500 each paid…

A: The question gives the following information: Installment 500 Period 12 Rate 11%

Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.