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- A company will deposit R$800 at the end of each semester, for 2 years, in a financial institution that pays interest of 24% p.a. capitalized semiannually. What will be the accumulated amount? The amount will be R$? R$ is BRL (monetary unit of Brazil)show given required andd solution An asphalt road requires no upkeep until the end of 2 years when P60,000 will be needed for repairs. After this P90,000 will be needed for repairs at the end of each years for the next 5 years, then P120,000 at the end of each year for the next 5 years. If money is worth 14% compounded annually what was the equivalent uniform annual cost for the 12 yr. period?A sum of Php 15,000 is invested now and left for 8 years,at which time the principal is withdrawn. The interest hasaccrued and is left for another 8 years. If the effectiveannual interest rate is 15%, what will be the withdrawalamount at the end of the 16th year? Provide a summary for the answer Thanks!
- The sum of $1000 is deposited in a bank and left there to earn interest rate for 10 years. if the interest rate per year is 10%. What will be the total money after 10 years.Please answer with solution with Pesos Sign. What is the present worth of Php 250 annuity starting at the end of 3rd year and continuing in the end of 4th year, if the annual rate is 5 %?Maintenance cost for a new piece of manufacturing equipment is expected to be $5,000 in the first year and increase $250 per year for every year thereafter. If the cost of funds is 10%, what is the present worth cost of maintenance for the next 5 years?
- Engineering Economics: Makulay ang Buhay Corporation have agreed to shoulder the funds needed for road rehabilitation. At a meeting, the city engineer estimated that a total of Php 500,000 will be deposited at the end of next year into an account for the repaid of the old road throughout the neighborhood. Further, they estimated that the deposite will increase by PhP 100,000 per year for only 9 years thereafter then cease. Determine the equivalent annual series amounts, if public funds earn at a rate of 5% effective. A. PhP 810k B. PhP 910k C. PhP 710k D. PhP 610kA lent Php 6615 to B for 2 years and Php 5783 to C for 4 years on simple interest at the same rate of interest and received Php 2603 in all from both of them as interest. Find the simple interest rate.An Engineer bought a house and lot for which he paid 10% down-payment, worth 200,000 Pesos; and will pay the balance in monthly installments (every end of the month) at an interest rate of 15%. Solve for the amount that will be paid monthly. payment period is for 60 months. 42,800 Pesos 48,800 Pesos 82,800 Pesos 28,800 Pesos
- A young engineer borrowed P10,000 at 12% interest and paid P2,000 per annum for the last 4 years? What does he have to pay at the end of the fifth year in order to pay off his loan?The patriot missile, developed by Lockheed Martin, is designed to detect, identify, and shoot down aircraft and other missiles. The Patriot Advanced Capability- 3 was originally promised to cost $3.9 billion, but due to extra time needed to develop computer code and scrapped tests (due to high winds) at White Sands Missile Range, the actual cost was much higher. If the total project development time was 10 years and costs increased at a rate of 0.5% per month, what was the final cost of the project?A man borrowed some money from a private at 5 % simple interest per annum. He landed this money to another person at 10% compound interest per annum, and made a profit of Php 30380 in 6 years. How much he borrowed?