It is estimated that depositing 20.000 pesos every end of the 6 months in a sinking fund that gives an interest rate of 14% compounded semi-annually, will provide the money that could replace a machine at the end of 10 years. If the machine has no salvage value, what is the cost of replacement. a. $19,909.85 b. 729.546.06 c. 889.754.30 d. 746.852.58

It is estimated that depositing 20.000 pesos every end of the 6 months in a sinking fund that gives an interest rate of 14% compounded semi-annually, will provide the money that could replace a machine at the end of 10 years. If the machine has no salvage value, what is the cost of replacement. a. $19,909.85 b. 729.546.06 c. 889.754.30 d. 746.852.58

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter27: Investment, The Capital Market, And The Wealth Of Nations

Section: Chapter Questions

Problem 9CQ

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