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- The down payment for a car loan of 100,000 AED is 20%. The loan has to be repaid in 3 years. Assuming an equal yearly repayment of 30,000 AED, what is the interest rate? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.a) Cash Flow Diagram b) manual solution Company B currently has $150,000 liquid assets (available now) for operational expenses. It spends $25,000 in year 1 and $30,000 in year 2. What uniform annual amount can the company spend in the next 5 years to deplete the entire budget? The interest rate is 8%.Pleasee solve with clear explantion so I can understand, engineering econ
- A business invests $5000 and initially plans to achieve annual revenue of $1100/yr with $200/yr expenses (starting at the end of ar 1) for ten years. No market value if used for ten years. 1.If at the end of the sixth year, instead, the investment is sold for $1000, calculate the PW, FW and AW for a BTCF MARR of 12%. Is the investment a good one if used this way? Why?i need Solution of 2b, 3a, and 3bEngineering Economics 00011 Please provide a step by step solution using ROR
- The city council has approved the building of a new bridge over Running Water Creek. The bridge will cost $17,000 for initial construction and have an annual maintenance cost of $1,000. The council plans to withdraw money from the city’s Bridges and Highways account to open a special account to cover the initial construction and to fund a perpetuity to cover the maintenance costs forever. How much money must be withdrawn from the Bridges and Highways account if the city can expect to earn 5% on the special account? a. $1,000 b. $17,000 c. $18,000 d. $37,000.I need help with this problem I'm getting the final answer as 13,565.24 but it is incorrect. The correct answer is 16,247 using the annuity formula. please solve and show all of your workAwnser promblem c
- Engineering Economics 00013 Please provide a step by step solution using Rate of Return (ROR) ThankyouChester’s a local butchery expects to sell 419 675 kilograms of meat for the year 2022. Carrying costs are R 16.25 per unit and order costs are R 33.55. The organization works 310 Days per year. Determine the Economic Order Quantity (EOQ)The Cornballer, invented by George Bluth in the mid-1970s, is a device used to make cornballs. Itsold for $29.95. Suppose that 10,000 Cornballers were sold in 1981; 11,000 in 1982; and salesincreasing by 10% each year until it was last sold in 1990 (when it was made illegal). Assume aninterest rate of 12% per year. Assume sales were made at EOY. What was the worth of these cashflows in 1980? Show in standard factor notation and show the cash flow diagrams.