One year ago, JK Mfg. deposited $12,000 in an investment account for the purpose of buying new equipment four years from today. Today, it is adding another $15,000 to this account. The company plans on making a final deposit of $10,000 to the account one year from today. How much will be available when it is ready to buy the equipment, assuming the account pays 5.5 interest?

Q: The Brown family recently bought a house. The house has a 30 year, $165,000 mortgage with a nominal…

A: Amount of mortgages is $165,000 Time period is 30 years Interest rate is 8% Total number of months…

Q: You are the finance manager for a particular company. The company plans to purchase $3,000,000 in…

A: Price of the assembly (P) = $3000000 duration (n) = 5 years

Q: 1. EVA Air announces that the airlines tickets for Cebu-San Francisco flight will increase 8% in…

A:

Q: A company is planning on spending $24,900 to upgrade their equipment in 4 time. How much must they…

A: As per the time value of money, a dollar is worth more today than the same dollar in the future.…

Q: You are the finance manager for a particular company. The company plans to purchase $2,000,000 in…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: An account executive at Santander branch CETYS, receives a deposit from an important client-student,…

A: The future value of a deposit is the value that a deposit has after it has earned interest for a…

Q: One university needs some maintenance. The owner of the university decides to deposit $400000 in an…

A: Present worth can be calculated as below Present worth = Cash flow / (1+r)^n It can also be…

Q: Two years ago you purchased a new SUV. You financed your SUV for 60 months (with payments made at…

A: a) Monthly payment "PMT" = $617.16 Monthly interest rate "r" = 5.9%/12 Number of payments to be made…

Q: Define the symbols involved when a construction company wants to know how much money it can spend 3…

A: Interest charged on the principal amount and the interest accrued is known as Compound Interest. It…

Q: Hamad is saving to establish a small business. He deposits a fixed amount of money every month in a…

A: Annuity refers to series of equalized payments that are made either at start or end of specific…

Q: Milo Corp. wants to accumulate $ 500,000 for a payment that will become due in 5 years. That is , at…

A: Future Value (FV)= $ 500,000 Time period (n)= 5 years Rate of interest (r)= 8% annual Amount of…

Q: you are planning to start a business with an initial capital of P100,000. you decided to put up a…

A: Initial capital is P100,000 time period is 4 years   To Find: Monthly deposit Annual interest rate

Q: Your company wants to buy a new piece of machinery for $2.3 million. You will pay for 15% of the…

A: Weighted Average Cost of Capital: When a firm's weighted average cost of capital (WACC) is…

Q: EnergyMax Engineering constructed a small office building for their firm 5 years ago. They financed…

A: A loan amortization table is a schedule of payments including all the bifurcation of interest…

Q: A student invests $1000 in a bank account that pays an interest rate of 3.25% compounded monthly. a)…

A: given, A=$1000 r=3.25% m=12

Q: In order to finance a new product line, a company that makes high-temperature ball bearings borrowed…

A: The total value of amount at the end of 3 years :- Amount= principal (1+r)^n   = 1700000(1.08)^3  =…

Q: Suppose a certain hardware store has been in business for a few years and is doing well. The owner…

A: Investor invests at the end of every month which indicates ordinary annuity.

Q: 4) Three years from now, Mr. Dela Cruz wants to start a business. In order to do that, he estimated…

A: Here we can use the provided formula and determine that present value that will grow to 100,000…

Q: There is an investor stating they will pay out $84,000 at the end of 4 years. In order to invest…

A: Value at end of 4 years = 84000 N = 4 Deposit = 10,000   Annual Rate of Return using excel = ?

Q: Company A is contemplating on borrowing $500,000 to start a business. Credit union 1 has offered to…

A: Time value of money can be defined as a concept which states that the value of a currency declines…

Q: wishes to accumulate P2,500 over a period of 15 yrs so that a cash payment can be made for a new…

A: The given problem can be solved using PMT function in excel. PMT function computes savings/…

Q: In order to finance a new product line, a company that makes high-temperature ball bearings borrowed…

A: Loan is an agreement between lender and borrower where lender agrees to provide funds to borrower.…

Q: Ten years ago, you deposited P5400 per month. You made the deposit for 6 years and then stopped. 4…

A: Calculations are done in excel so there is no intermediate rounding effective monthly interest rate…

Q: Pool-N-Patio World needs to borrow $55,000 to increase its inventory for the upcoming summer season.…

A: A loan refers to the amount of money taken by an individual from the lender when he ran out of…

Q: Grand Opening Bank is offering a​ one-time investment opportunity for its new customers. A customer…

A: Bond is long-term debt raising instrument used by organizations and government to raise funds from…

Q: Company A is contemplating on borrowing $500,000 to start a business. Credit union 1 has offered to…

A: Union 1 principal = $500,000 Interest rate =14% (compounding continuously) Loan Life = 5 Years…

Q: EnergyMax Engineering constructed a small office building for their firm 5 years ago. They financed…

A: A loan amortization table is a schedule of payments including all the bifurcation of interest…

Q: You are the finance manager for a particular company. The company plans to purchase $2,000,000 in…

A: Honor Code: “Hi There, thanks for posting the question. But as per Q&A guidelines, we must…

Q: Suppose a certain hardware store has been in business for a few years and is doing well. The owner…

A: given, A= $4000 R=12% M=12 (monthly compounding)

Q: An engineering technology group just purchased a software for $7,000 now and annual payments of $300…

A: Note:We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: You are the finance manager for a particular company. The company plans to purchase $2,000,000 in…

A: Given information : Price of machine $2,000,000 Time period  (years) 5

Q: Problem 5: An account executive at Santander branch CETYS, receives a deposit from an important…

A: The future value is the accumulated value of a deposit along with interest. Annual deposits are the…

Q: You wish to have $4,000 in 2 years to purchase a new entertainment system. How much money (to the…

A: Future value of an annuity: It represents the future value of the present annuity stream of cash…

Q: Today is December 31, 2018. Today, we started the Hilo Tourism Company. To start the business, the…

A:

Q: St. Thomas University (STU) plans to build an addition to the Gus Machado School of Business 4 years…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: ssume that you started a new business last year with RM30,000 of your own money to purchase…

A: Answer -  Collateral Security -  Collateral security is any other security offered and lender…

Q: Today is December 31, 2018. Today, we started the Hilo Tourism Company. To start the business, the…

A: The financial statements of a firm need to be prepared at the end of each accounting period. The…

Q: Blithe Geezer, a streetwear startup, plans to launch a massive first collection on its opening.…

A: Here, Required Capital in 10 years is P350,000 First Deposit is made after 5 years Increase in…

Q: EnergyMax Engineering constructed a small office building for their firm 5 years ago. They financed…

A: A loan amortization table is a schedule of payments including all the bifurcation of interest…

Q: EnergyMax Engineering constructed a small office building for their firm 5 years ago. They financed…

A: Loan:- It is the mortgage that one takes from any financial institution and other institution and…

Q: Suppose a certain hardware store has been in business for a few years and is doing well. The owner…

A: Future value = Present value * ( 1 + Interest rate )TIme

Q: Your company wants to have GHS 135,000 four years from now to buy a new machine. As the financial…

A: GIVEN, fv=135,000 N=4 R=12% LET ANNUAL DEPOSIT = A

Q: an investment has been made to an account at a simple interest rate of 12.122% and is expected to…

A: Here, Simple Interest rate (r) = 12.122% Total Interest = P 350,475 Time period (n) = 8 years and 5…

Q: Ten years ago, you deposited P5400 per month. You made the deposit for 6 years and then stopped 4…

A: The correct answer for the above mentioned question is given in the following steps for your…

Q: You wish to purchase some equipment for a new business venture. You plan to save $35,000 per year.…

A: Lets understand the basics. Here in this year we are required to calculate how much savings with…

Q: Suppose a certain hardware store has been in business for a few years and is doing well. The owner…

A: Amount Saved Each month = 2000 Interest Rate = 12% interest Rate per month =12%/12 =1% =0.01 Future…

Q: You invest $5,000 into a money market account that pays interest monthly (e.g., interest is…

A: The future value is the amount that will be received at the end of a certain period. In simple…

Q: What is the present worth of the withdrawal?(kindly give tye given, complete and detailed solution.…

A: