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- A young engineer borrowed $12,000 at 10% interest and paid $3,000 per annumfor the last 4 years. What does he have to pay at the end of the fifth year in order to payoff his loan? $3.689$3,758$3,982$4.001$4.011J 7 What is the ordinary simple interest on 7000 for 8 mos and 15 days if the rate of interest is 15%.The monthly demand for ice cans being manufactured being manufactured by Mr. Cruz is 3,500 pieces. With a manually operated guillotine, the unit cutting cost is P25.00. If an automatic hydraulic guillotine at a price of P305,000 is being used he will cut by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Cruz be able to recover the cost of the machine if he decides to buy now? a. 65 monthsb. 12.20 monthsc. 10.76 monthsd. 16.12 months SHOW CLEAR SOLUTION
- 1. How much is the total value of all these presents worth today?2. How much is the future value of all these presents at the end of 12 years?3. If Tita Rhea agrees to give her these amounts annually forever, how much is its total value worth today?4. If the presents are each made continuously throughout the year at a rate of P, multiply the present value in #7 by a suitable adjustment factor (d/δ) to determine its total present value. Type the resulting amount below.Mr. Santos wishes to provide P4,000.00 for his son on his 21st birthday. How much should he deposit every 6 months in a savings bank which pays 4% converted semi-annually, if the first deposit is made when the son is 3 ½ years old? a.P71.55 b.P61.55 c.P51.55 d.P41.55A business woman is trying to calculate the present worth of personnel salaries over the next five years. She has 32 employees whose combined salaries thru the end of this year is P9.4 million. If she expects to give each employee a raise of 5% each year, compute the present worth of her employees' salaries at an interest rate of 12% per year. Estimate its annual equivalent.
- You deposit $1000 today, $3000 one year from now and $4000 two years from now. If there are different interests as shown in the diagram below and if you have a $9000 at the end of year 3, what is the value of i? Select one: a. 4 b. 11 c. 13 d. 6 e. 8Richard wants to ensure that at least some of his descendants are well educated in perpetuity. He is planning for 5 college students each generation at ₱125,000 each. He estimates that the generations will be spaced every 25 years, but the first generation will be in 10 years. If the trust will earn 6%, how much money should be deposited now? Solutions manual only, we don't need Microsoft Excel.A typical tube-style incandescent light bulb lasts for 1,000 hours and is available to consumers for $3.30 per bulb. A manufacturer has produced a tube-style halogen light bulb that gives the same amount of light as the incandescent bulb but lasts for 1,400 hours. The halogen bulb also uses less energy than the incandescent bulb, saving the consumer $0.50 in electricity costs for every 1,000 hours of light-bulb use. (a) What is the value to the customer of the manufacturer’s tube-style halogen light bulb to consumers who are currently buying tube-style incandescent light bulbs? Show your work. (b) If the manufacturer’s variable costs for producing these halogen light bulbs are $2.25 per bulb, specify the price ceiling and the price floor for these halogen bulbs. Explain your reasoning. (c) According to the course material, what is meant by the strategic prominence of price? If the halogen light bulb manufacturer wants to make price the lead activity in the marketing mix,…
- A company has issued 12-year bonds, with face value of 1,500,000 in 1,000 units. Interest at 16% is paid quarterly. If an investor desires to earn 22% nominal interest on 150,000 worth of these bonds, what would the selling price have to be? a.Php 122,387.456 b.Php 124,376.465 c.Php 112,222.044 d.Php 145,276.354You are a project manager reporting to the general manager at your organisation. You are aware thatthe general manager will retire in 4 years, and it is the company's policy that whoever has to take upthat position should have at least a Master of Business administration degree. You can either applyfor an unpaid study leave and get a R270 000 interest free loan from the company for upkeep duringthe study of the degree on full-time basis for one and half years, or you can study on a part-time basisfor 3 years whilst going to work and pay a personal Tutor R12 000 a month for three years. The costof study is R200 000.00 regardless of whether it's part time or full time and the company is preparedto pay for your studies in either case. On a full-time basis, the probability of passing is 1 whereas it is0.5 for part-time study due to pressure from both work and study. Your salary is R30 000 per month.a. Develop the problem in this situation? Please state it in an explicit and precise…An engineer intends to travel abroad to take a postgraduate course at a maternity hospital. He estimates that he needs $5,000 to establish himself and another $3,000 monthly for two years to complete the course. Please answer in detail: What value would he need to have today to make his plans viable, considering that he could apply the money at a rate of 6.0% per year? (Answer $72.688.7)