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- 2.f How long will it take for an investment of $5,000 to grow $7,500,if it earns 10% simple interest per year? include a cash flowIf I want to invest my money, how long will it take $6000 to earn $120 interest (simple) at 6%? Complete solution neededOne year ago you purchased a two-year bond at a discount for $900. It has a par value of $1000 and one year left until maturity. You have one interest payment of $50 at maturity. If the interest rate is 5% per year, what would be the capital gain or loss?
- 1. A florist is buying a number of motoreycles to expand its delivery service. These will cost $78,000 but are expected to increase profits by $3000 per month over the next four years. What is the payback period in this case?3.1. DRAM factory. You own and operate a facility located in Taiwan that manufac- tures 64-megabit dynamic random-access memory chips (DRAMs) for personal comput- ers (PCs). One year ago you acquired the land for this facility for $2 million, and used $3 million of your own money to finance the plant and equipment needed for DRAM manufacturing. Your facility has a maximum capacity of 10 million chips per year. Your cost of funds is 10% per year for either borrowing and investing. You could sell the land, plant, and equipment today for $8 million; you estimate that the land, plant, and equip- ment will gain 6% in value over the coming year. (Use a one-year planning horizon for this problem.) In addition to the cost of land, plant, and equipment, you incur various operating expenses associated with DRAM production, such as energy, labor, raw materials, and packaging. Experience shows that these costs are $4 per chip, regardless of the number of chips produced during the year. In…Under the terms of an out-of-court settlement, a company must pay the plaintiff $400,000 per year for the next 5 years, with the first payment being made now. The company plans to create a funded claims reserve, and the reserve assets can earn 8% annual return. What amount is needed to fully fund the reserve today
- Question 1Last month you lent a work colleague $5000 to cover some overdue bills. He agreed to pay you in1 month with interest at 2% for the month, thus owing you $5100. Today, when the repayment isdue, he asked you to extend the loan for another month and he would pay you the $5100 nextmonth. In the meantime, you have had the offer to invest as much as you wish in an oil-well venturethat is expected to pay 25% per year and a hot new IT stock that is estimated to return 30% thefirst year. If you let your colleague have another month, what is the opportunity cost of yourdecision? (Note: Express your answer in dollar and percentage amounts.)5. A certain manufacturing plant is being sold and was submitted for bidding. Two bids were submitted by interested buyers. The first bid offered to pay P200,000 each year for 5 years, each payment being made at the beginning of each year. The second bidder offered to pay P120,000 for the first year, P150,000 the second year, P180,000 the third year P200,000 each year for the next 2 years, all payments being made at the beginning of each year. If money is worth 12% compounded annually, which bid should the owner of the plant accept? Show cashflow diagram.Engineering Economics A certain amount of investment was made annually for 10 years at an interest rate of 6%. On the 14th year, withdrawals of 10,000 per year can be made for 5 years and an infinite withdrawal of 5000 per year after. If the investment will stop at the 5th year, how much should be invested on the 5th year to get the same amount of withdrawals on the same period? All payments and withdrawals are made at the beginning of each year.
- Help please Exercise 1-How much do you need to invest today in a CD with an ROR of 5.5% if you want to purchase a car 3 years from now for $10,000? Exercise 2 - Your monthly rent and living expenses are $625. How much should be put into your money market amount today, to pay for the next 12 months? Assume your money market is currently paying 5% annually.Question 888 M A mining company CEO wants to help provide college education for the daughter of a high performance underground worker. He can afford to invest $750/yr. for the next 4 years, beginning on the student’s fourth birthday. He wishes to give the future student $5,000 on her 18th, 19th, 20th, and 21st birthdays, for a total of $20,000. Assuming 6% interest, what uniform annual investment will he have to make on the girl’s 8th through 17th birthday? show all steps clearly Full explain this question and text typing work only thanksGiven problem: What is the annual rate of interest if 228.92 is earned in 7 months on an investment of 17,266.77? >Use 4 decimal places