Suppose that $1,000 is invested quarterly at 6% interest, compounded quarterly. How much will be in the account after five years? A) $5,637 B) $5,152 $23,124 D) $43.20
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- You invested money in a savings account paying 9% interest seven years ago. The account is now worth $5,527.50. How much did you invest? $3,024 $3,689 $3,420 $3,782What will be the interest amount the company will pay if the bank applies a monthly compound interest for its 5-year term loan with 13% interest of 10000 $..? An investor has invested 24500 $ in compound interest for 2 years at an annual interest rate of 20%. How much money will the investor receive at the end of the term? The factory producing ornaments has a production capacity of 1 million units/year. 750 thousand units/year production is planned for 2017. Since the sales value of a trinket is 0.7 $; Fixed expenses = 2300 $; Variable expenses = 0.2 $ / unit. How many productions need to be made to make a profit of 35000 $?A company has issued 10-year bonds, with face value of 1,000,000 in 1,000 units. Interest at 16% is aid quarterly. If an investor desires to earn 20% nominal interest on 100,000 worth of these bonds, what would the selling rice have to be?
- For the net cash flow and cumulative cash flows shown, the value of x is nearest: (a) $−8,000 (b) $−16,000 (c) $16,000 (d) $41,000 Year 1 2 3 4 5 Net Cash Flow, $ +13,000 −29,000 −25,000 50,000 x CCF, $ +13,000 −16,000 −41,000 +9000 +1000A lathe for a machine shop costs P60, 000 if paid in cash, On the installment plan, a purchaser should pay P20, 000 down payment and 10 quarterly instaliments, the due at the end of the first year after purchase. If money is worth 15% compounded quarterly. Problem is all about? a)annuity b)differed c)annuity dueThe incomes for a business for 5 years are as follows: $8250, $12,600, $9,750, $11,400, and $14,500. If the value of money is 8%, what is the equivalent uniform annual benefit for the 5-year period?
- 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. 1. A construction equipment maintenance costs to be $5000 in year 1, $5500 in year 2, and increasing by $500 through year 10. At an interest rate of 10% per year, what is the present worth of the maintenance cost? a. Draw the cash flow diagram and the two components. b. Calculate the present worth, must show calculations clearly.Liam O’Kelly is 20 years old and is thinking about buying a term life insurance policy with his wife as the beneficiary. The quoted annual premium for Liam is $8.48 per thousand dollars of insurance coverage. Because Liam wants a $100,000 policy (which is 2.5 times his annual salary), the annual premium would be $848, with the first payment due immediately (i.e., at age 21). A friend of Liam’s suggests that the $848 annual premium should be deposited in a good mutual fund rather than in the insurance policy. “If the mutual fund earns 10% per year, you can become a millionaire by the time you retire at age 65,” the friend advises. Solve, a. Is the friend’s statement really true? b. Discuss the trade-off that Liam is making if he decides to invest his money in a mutual fund.Hide Image Transcript Mildred can purchase a municipal bond with a par (face) value of $1000 that will mature in 4 years. The bond pays 6% interest compounded quarterly. If she can buy this bond for $1050, what rate of return will she earn? Contributed by Paul R. McCright, University of South Florida
- A parent on the day the child is born wishes to determine what lump sum would have to be paid an account annually, in order to withdraw ₱ 20,000.00 each of the child’s 18th, 19th, 20th, and 21st birthdays? Interest rate is 5%.Engineering Economics A man deposits P58,454 each year into his savings account that pays 2% nominal interest compounded continuously. How much will be the worth of the account at the end of 5 years?A $10,000 mortgage bond that is due in 20 years pays interest of $250 every 6 months. The bond coupon rate is: (a) 2.5% per year, payable quarterly (b) 5.0% per year, payable quarterly (c) 5% per year, payable semiannually (d) 10% per year, payable quarterly