LMS Integrated for MindTap Engineering, 2 terms (12 months) Printed Access Card for Moavni's Engineering Fundamentals: An Introduction to Engineering, 5th
5th Edition
ISBN: 9781305110366
Author: Saeed Moaveni
Publisher: Cengage Learning
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Question
Chapter 20, Problem 16P
To determine
Find the equivalent future worth of the cash flow diagram.
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2. Attach a complete solution. Draw the
cash flow diagram.
Suppose that P 4500 is deposited
each year into a bank account that
pays 8% interest compounded
quarterly. How much would be
accumulated in his fund by the end of
the 4th year? The first payment
occurs at time zero (now).
Solve Problem 20.16 using Excel.
Calculate the amount of interest earned between 5 and 10 years after the date of an investment of $100 if
interest is paid semi-annually at j2 = 7%. (Do not round intermediate calculations. Round your answer
to 2 decimal places.)
Amount of interest
$
Chapter 20 Solutions
LMS Integrated for MindTap Engineering, 2 terms (12 months) Printed Access Card for Moavni's Engineering Fundamentals: An Introduction to Engineering, 5th
Ch. 20.4 - Prob. 1BYGCh. 20.4 - Prob. 2BYGCh. 20.4 - Prob. 3BYGCh. 20.4 - Prob. 4BYGCh. 20.4 - Prob. 5BYGCh. 20.4 - Prob. BYGVCh. 20.5 - Prob. 1BYGCh. 20.5 - Prob. 2BYGCh. 20.5 - Prob. 3BYGCh. 20.5 - Prob. BYGV
Ch. 20.8 - Prob. 1BYGCh. 20.8 - Prob. 2BYGCh. 20.8 - Prob. 3BYGCh. 20 - Prob. 1PCh. 20 - Prob. 2PCh. 20 - Prob. 3PCh. 20 - Prob. 4PCh. 20 - Prob. 5PCh. 20 - Prob. 6PCh. 20 - Prob. 7PCh. 20 - Prob. 8PCh. 20 - Prob. 9PCh. 20 - Prob. 10PCh. 20 - Prob. 11PCh. 20 - Prob. 12PCh. 20 - Prob. 13PCh. 20 - Prob. 14PCh. 20 - Prob. 15PCh. 20 - Prob. 16PCh. 20 - Prob. 17PCh. 20 - Prob. 18PCh. 20 - Prob. 19PCh. 20 - Prob. 20PCh. 20 - Prob. 21PCh. 20 - Prob. 22PCh. 20 - Prob. 23PCh. 20 - Prob. 24PCh. 20 - Prob. 25PCh. 20 - Prob. 26PCh. 20 - Prob. 27PCh. 20 - Prob. 28PCh. 20 - Prob. 29PCh. 20 - Prob. 30PCh. 20 - Prob. 31PCh. 20 - Prob. 32PCh. 20 - Prob. 33PCh. 20 - Prob. 34PCh. 20 - Prob. 35PCh. 20 - Prob. 36PCh. 20 - Prob. 37PCh. 20 - Prob. 38PCh. 20 - Prob. 39PCh. 20 - Prob. 40PCh. 20 - Prob. 41PCh. 20 - Prob. 42PCh. 20 - Prob. 43PCh. 20 - Prob. 44PCh. 20 - Prob. 45PCh. 20 - Prob. 46PCh. 20 - Prob. 47PCh. 20 - Prob. 48PCh. 20 - Prob. 49PCh. 20 - Prob. 50PCh. 20 - Prob. 52PCh. 20 - Prob. 53PCh. 20 - Prob. 54P
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Similar questions
- Using Excel or a spreadsheet of your choice, create interest–time factor tables, similar to Table 20.9 , for i = 8 5% and i = 9 5%.arrow_forwardFor the cashflow diagram below, what is the equivalent annual worth? Consider i=8%. 0 1 2 3 4 5 6 Years ४. 300 400 500 600 700 800arrow_forward12. Determine the present worth of a geometric gradient series with a cash flow of $50000 in year 1 and increases of 6% each year through year 8. The interest rate is 10% per year. A $92926 B $14336 $78590 D $320573arrow_forward
- I need the solution in handwriting Q1/ If the first deposit was $5,000 and decreased by $150 during the five years. Calculate the equivalent P and then the equivalent A?i=5% 5 4 5000 3 2 1arrow_forwardCalculate the total present worth of the cash flow below using an interest rate of 2.8% and when Q is: i. $1950 ii. $1250 iii. $580 iv. $0 0 1 2 3 4 5 6 Which case from (i), (ii), (iii), and (iv) produces the highest total present worth? is it the best case to invest in? Why? $14700 + $335 $335 → $750 00sS → $950arrow_forwardhat is the equivalent present value of the following series of payments if the interest rate is 10% compounded annually? P7,000 for 1styear, P6,500 for 2ndyear, P6000 for 3rdyear, P5,500 for 4thyear, and P5,000 5thyear. please also draw a cash flow diagram and dont use the table methodarrow_forward
- Find the equivalent annual payment of the following obligations at 20% interest rate. End of Year Payment 1 P 8,000 2 P 7,000 3 P 6,000 4 P 5,000arrow_forward#20,000.00 borrowed today for 2 years at 5% compound interest will result in how much total interest at the end of Year 2?arrow_forwardQ2: Being a senior citizen you decide to invest $200,000 say for period 24 months, then describe what is the value you would expect to receive? Deposit rate (recurring deposit) available for various periods is given below.arrow_forward
- Q3:How much money must you deposit in year 6 if you deposit $5000 now and you want to have $12,000 at the end of year 11? Assume your deposits earn interest at 6% per year. [40 marks]arrow_forwardThe following cash flow diagram has an internal rate of return of 20%. Compute the unknown value of x.arrow_forwardSuppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 12 percent, and that the maximum allowable payback and discounted payback statistics for your company are 2.5 and 3.0 years, respectively. Time: Cash flow: 0 1 2 3 -$227,000 $65,000 $83,200 $140,200 4 $121,200 5 $80,400 Use the payback decision rule to evaluate this project. Note: Round your answer to 2 decimal places. Payback yearsarrow_forward
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