How much money must an electrical contractor deposit every year in her savings account starting 1 year from now at 7,5% per year in order to accumulate $9000 five years from now?
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A: Given pieces of information: The for the first year = $22000 Increase in income from sales, g = 10%…
Q: What is the present equivalent of P900,000 to be received in 15 years when the interest rate is 7%…
A: Present Value of an Investment is defined as the present worth of a future amount which is to be…
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A: If the annual rate of interest is 8%, the monthly rate of interest is 8/12=23% So the present value…
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A: Given: Cost at end of 2nd year=P 60000 Cost for next 5 years=P 90000 Cost for next 5 years= P 120000…
Q: American Gas Products manufactures a device called a Can-Emitor that empties the contents of old…
A: P = present investment A = annual savings = $90,000 i = interest rate = 205 or 0.2 n = time period…
Q: A Project Manager for a construction company deposited $125,000 every 3 months into an investment…
A: Calculation of interest rate = (1.05-1)*100 = 2.47%
Q: Fargo to a developer who will repay the loan by selling 6 view lots at $190,000 each 2 years from…
A: Nominal interest rate refers to the interest rate before taking inflation into account. Nominal can…
Q: • Calculate the amount deposited 1 year ago to have P75 now at an interest rate of 25% per year.…
A: Given: The net amount is = ₱75 The interest rate is = 25% per year Years = 1 year ago To Find: The…
Q: Calculate the present worth of 10 uniform payments of $8000 that begin 1 year from now at an…
A: Present worth can be calculated as follows:
Q: How many years are required for P10,000.00 to increase to P20,000.00 if invested at 9% per year…
A: Given present value = 10000 Future value = 20000 As the amount doubles, we will use the rule of 72
Q: Calculate the equivalent future cost in year 10 for the following series of disbursements at an…
A: The present value of cash flow from year 0 to 5 can be calculated as follows:
Q: esult in better inventory control and save the company $1.3 million per month beginning 3 months…
A: Given : Saving= $1.3 million per month Interest rate=12% per year Recover investment=2.5 years
Q: acozza Electric, which manufactures brush dc servomotors, budgeted $75,000 per year to pay for…
A: Cost: Cost is the blend of misfortunes of any merchandise that have a worth joined to them by any…
Q: Covido deposits $750 in a savings account at the beginning of each year, starting now, for the next…
A: Solving questions with the help of formula
Q: For a 5-year period, determine the compound interest rate per year that is equivalent to a simple…
A: Time period (n) is 5-year period, simple interest rate (SI) is 15% year. Then the compound interest…
Q: How much money should you be willing to pay now for a guaranteed $600 per year for 9 years starting…
A: The interest rate, as a percentage of the sum loaned, borrowed or deposited, is the rate of money…
Q: How much money would be accumulated 18 years from now from deposits of $15,000 per year for five…
A: Here, the interest rate is said to be 8 percent after year 3 from now. Thus it means that the…
Q: The optical products division of LG planning a $3 million building expansion for manufacturing its…
A: In economics, present value refers to the current value of a future stream of cash flows. Net…
Q: Find the present worth of $1,000 in year 1 and amounts increasing by 7% per year through year 10 at…
A: Present value (PV) can be calculated by using the following formula. The increasing cash flow is…
Q: Southwestern Moving and Storage wants to have enough money to purchase a new tractor-trailer in 3…
A: It is given that the firm is required to purchase a new tractor-trailer which costs a sum of…
Q: Metalfab Pump and Filter Inc. estimates that the cost of steel bodies for pressure valves will…
A: Present value can be defined as the current value of a future stream of cash flow. It is an…
Q: 4. Find the future worth in year 10 of an investment that starts at P8000 in year 1. The interest…
A: Present value PV of the investment = P8000 Rate of interest (r) = 10% time (n)= 10 years
Q: Find the present worth of $3,282 in year 1 and amounts increasing by 10% per year through year 5 Use…
A: Given cashflow in year 1 = 3282 $ Increment each year = 10 % Time = 5 years Interest rate = 12 %…
Q: What is the present worth of an expenditure of $25,000 in year 8 if the interest rate is 10% per…
A:
Q: How much money would be available in year 10 if $45,000 is deposited each year in years 3 through 10…
A: here we calculate the Future value of money by using the annuity formula which are as follow-
Q: For the cash flow diagram sbown below, the value of x that will make the future worth in year 8…
A: Future value of given cash flow is $147,458 i=10% n=8 years
Q: The optical products division is planning a $5 million building expansion for manufacturing its…
A: The present value of an annuity is the current worth of a cash flow series at a certain rate of…
Q: 3.45 Today, an engineer deposited $10,000 into an ac- count that pays interest at 8% per year…
A: Calculate the Future Value of $10,000 for months 2, 11, and 23, then subtract $1000 from each.…
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A: When considering future inflows, it is essential for the company to consider the present value of…
Q: How much money would a man have to deposit each year for 6 years starting 4 years from now if he…
A: A deposit amount of 'A' each year for 6 years that starts 4 years from now need to be made. It will…
Q: how many years will be required for a given sum of money to be 4 times the principal amount, if it…
A: Compounding is the interaction by which interest is credited to a current chief sum as well as to…
Q: A pharma company uses spectrophotometers to analyze the concentration of products. One of the…
A: Fixed costs include any number of expenses, including rental lease payments, salaries, insurance,…
Q: An Australian - based energy drink manufacturer plans to expand its international markets to the…
A: Answer - Need to find- the annual equivalent amount of the net income at an interest rate of 12% per…
Q: What is the future worth 4 years from now of a present cost of $242,000 to Hydron, Inc., at an…
A: Future value- It is the value of an asset at a particular date in the future.
Q: An original loan of P200,000 was made at 10% simple interest per year for 4 years. At the end of…
A: Given the loan amount = P200000 The interest rate for first 4 years = 10% Interest rate for next 6…
Q: The council members of a small town have decided that the earth levee that protects the town from…
A: GIVEN The town engineer estimates that the cost of the work at the end of the first year will be…
Q: How much will Sonja have in a savings account 12 years from now if she deposits $3000 now and $5000…
A: Amount of Sonja will calculated by future value , because the amount which is invested by an…
Q: A lady saves RM 150 every month for ten years. If her saving is given an interest of 9% per year…
A: Payment each month = 150 Time = 10 years Interest rate = 9 % compounded monthly Monthly rate – 9 /…
Q: Find the present worth of $2,254 in year 1 and amounts increasing by 10% per year through year 7.…
A: Given : Initial Amount in Year 1=$2254 Interest rate=12% Increase every year in amount=10%
Q: Maintenance costs for pollution control equipment on a pulverized coal cyclone furnace are expected…
A: Here we need to calculate the present value of a future amount. So, the formula is. PV = FV *…
Q: A company that manufactures air-operated drain valve assemblies currently has $110,000 available to…
A: Let uniform annual amount the company can spend is $K and it is also assumed that the company spend…
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A: Company's gross revenue is 70.1% of its total revenue. In first two years, company's gross revenue…
Q: Alvin opens an account with a bank paying 3% interest per year to buy a house at the end of 10 years…
A: Annuities can be defined as payments made at equal intervals of time. Ordinary annuities makes the…
Q: What is the present equivalent of $20,000 to be received in 10 years when the interest rate is 5%…
A: Amount =P×1+i100t P=principal i=interest and t=time Here, P=present value and Amount=Future value…
Q: NEED HELP ASAP! THANK YOU!! For a 20-year geometric cash flow progression increasing at 2% per…
A: The rate of growth= g=0.02 rate of interest=i=0.1 First year amount=P 1020 The present worth…
Q: An electrical engineer wants to deposit an amount P now such that she can withdraw an equal annual…
A: An engineer withdraws an equal annual amount of = $2,000Time period = 5 yearsAnother annual…
Q: Syringe pumps oftentimes fail because reagents adhere to the ceramic piston and deteriorate the…
A: The present worth of annuity can be calculated as follows:
Q: An individual wishes to deposit an amount of money now to have an accumulation of $500 at the end of…
A: Here, we calculate the given as follow;
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- The present worth of all the cashflows of handmade earthen pots are shown until the end of year 8 is $9,330. If money is worth 12% annually, what is the value of x at then end of year 4?What is the difference of the amount of P5000 3 years from now using ordinary simple and compound interest at 10% interest rate per year?How much money should you be willing to pay now for a guaranteed $600 per year for 9 years starting next year, at a rate of return of 16% per year?
- A deposit of $37436 now at an interest rate of 10% per year will accumulate in 10 years to an amount closest to,On the day his son was born, a father decided to establish a fund for his son's college education. The father wants the son to be able to withdraw $4000 from the fund on his 18th birthday, again on his 19th birthday , again on his 20th birthday ,and again on 21st birthday. If the fund earns interest at 9% per year ,compounded annually ,how much should the father deposit at the end of each year, up through the 17th year ?In an effort to save money for early retirement, an environmental engineering colleague plans to deposit $1200 per month, starting 1 month from now, into a fixed rate account that pays 8% per year, compounded semiannually. How much will be in the account at the end of 25 years?
- Profits from recycling paper, cardboard, aluminum, and glass at a liberal arts college have increased at a constant rate of $1100 in each of the last 4 years. If this year's profit (end of year 1) is expected to be $6000 and the profit trend continues through year 5, (a) what will the profit be at the end of year 5 and (b) what is the present worth of the profit at an interest rate of 8% per year?By filling carbon nanotubes with miniscule wires made of iron and iron carbide, incredibly thin nanowires can be extruded by blasting the carbon nanotubes with an electron beam. If Gentech Technologies spends $12.7 million now in developing the process, how much must be received in licensing fees each year for the next 8 years (starting 1 year from now) to recover its investment at a 20% per year rate of return?Levi Strauss has some of its jeans stone-washed under a contract with independent U.S. Garment Corp. If U.S. Garment's operating cost per ma- chine is $22,000 per year for years 1 and 2 and then it increases by 8% per year through year 10, what is the equivalent uniform annual cost per machine (years 1-10) at an interest rate of 10% per year?($28,029.93)
- Metalfab Pump and Filter Inc. estimates that the cost of steel bodies for pressure valves will increase by $2 every 3 months. If the cost for the first quarter is expected to be $80, what is the present worth of the costs for a 4-year time period at an interest rate of 1.32% per quarter? The present worth is $Pollution control equipment for a pulverized coal cyclone furnace is expected to cost $190,000 two years from now and another $120,000 four years from now. If Monongahela Power wants to set aside enough money now to cover these costs, how much must be invested at an interest rate of 8% per year compounded quarterly?If you borrow $24,000 now at an interest rate of 10% per year and promise to repay the loan with payments of $3695 per year starting 1 year from now. The number of payments you have to make is?