Homework Answers
We are given the following information:
| r | 8.00% |
| n | 12 |
| FV | $ 8,000.00 |
We need to solve the following equation to arrive at the required PMT:
So the PMT is 421.56 which is what needs to be saved each year to accumulate 8000 at end of 12 years
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Question Help A new roof will cost $8.000. It will be installed in 12 years. If...
in a replacement analysis for a vaccum seal on a spacecraft the following data are known...
in a replacement analysis for a vaccum seal on a
spacecraft the following data are known about the challenger, the
initial investment is 7,000. there is no annual maintenance cost
for the first three years, however, it will be 3,800 in each of
years four and five, and then 4,900 in the sixth year and
increasing by 3,300 each year thereafter. The salvage value is 0 at
all times and MARR is 8% per year. What is the economic life...
6. A 529-state-approved Individual Retirement Account (IRA) permits parents to invest tax-free dollars into their child...
6. A 529-state-approved Individual Retirement Account (IRA) permits parents to invest tax-free dollars into their children's college education fund (this money may only be used for educational expenses). Another popular plan, the Roth IRA requires after-tax dollars to be invested in a savings fund that may or may not) be used for paying future college expenses. Both plans are tax free when the money is eventually withdrawn to assist with college expenses. Clearly, the 529 IRA plan is a better...
In a replacement analysis for a vacuum seal on a spacecraft, the following data are known about the challenger: the ini...
In a replacement analysis for a vacuum seal on a spacecraft, the following data are known about the challenger: the initial investment is $10,500; there is no annual maintenance cost for the first three years, however, it will be $2,300 in each of years four and five, and then $4,300 in the sixth year and increasing by $3,000 each year thereafter. The salvage value is $0 at all times, and MARR is 8% per year. What is the economic life...
Suppose you have $200,000 cash today and you can invest it to become worth $2,000,000 in...
Suppose you have $200,000 cash today and you can invest it to
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power equivalent of this $2,000,000 when the average inflation rate
over the first six years is 4% per year, and over the last seven
years it will be 8% per year?
Suppose you have $200,000 cash today and you can invest it to become worth $2,000,000 in 13 years. What is the present purchasing power equivalent of...
6-29. Two pumps are being considered for service in Africa. Each can draw water from a...
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A geometric gradient that increases at f= 8% per year for 14 years is shown in...
A geometric gradient that increases at f= 8% per year for 14 years is shown in the accompanying diagram. The annual interest rate is 15%. What is the present equivalent value of this gradient? Click the icon to view the diagram for geometric gradient values. B) Click the icon to view the interest and annuity table for discrete compounding when i = 8% ner vear The present equivalent value of the gradient is $ . (Round to the nearest dollar.)...
there are two parts as a and b. i have 15 hours to submit. thank you...
there are two parts as a and b. i have 15 hours to submit.
thank you
Homework: hw8 Yesim Demir & 13/05/2016:18 PM Score: 0 of 1 pt Save 3 of 3 (1 completo Instructor-created question HW Score: 33 33%, 1 of 3 pts Question Help Tucson Solar Company builds residential solar homes. Because of an anticipated increase in business volume the company is considering the action of a loader at a cost of $51000. This studies delivery charges and...
Your company is environmentally conscious and is considering two heating options for a new research building....
Your company is environmentally conscious and is considering two heating options for a new research building. What you know about each option is below, and your company will use an annual interest rate (MARR) of 8% for this decision. Which is the lower cost option for the company? Click the icon to view the additional information about the options. 2 Click the icon to view the interest and annuity table for discrete compounding when the MARR is 5% per year....
TABLE B.2 Future Value of 1 Rate 2% 3% 5% 6% 7% 8% 0% 12% 15%...
TABLE B.2 Future Value of 1 Rate 2% 3% 5% 6% 7% 8% 0% 12% 15% 1.0000 0000 1.1000 1200 1.2100 12544 1.0303 1.0612 1.0927 1249 1.1576 1.1910 1.2250 1.2597 1290 13310 1.4049 1.5735 1.6105 1.7623 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0100 .0200 1.0300 1.0400 0500 1.0201 .0404 1.0609 1.0816 1.1025 11236 .1449 .1664 1.1881 1.0700 1.0800 1.0900 1.0406 .0824 1.1255 11699 1.2155 1.2625 .3108 3605 1.4116 1.0510 1.1041 .1593 1.2167 1.2763 1.3382 .4026 1.4693 5386...
Chapter 10 Homework A Saved On January 1, 2018, Eagle borrows $15,000 cash by signing a...
Chapter 10 Homework A Saved On January 1, 2018, Eagle borrows $15,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $4,428, consisting of accrued interest and principal on December 31 of each year from 2018 through 2021. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to the nearest dollar amount. Round all table values to 4 decimal places,...
in a replacement analysis for a vaccum seal on a
spacecraft the following data are known about the challenger, the
initial investment is 7,000. there is no annual maintenance cost
for the first three years, however, it will be 3,800 in each of
years four and five, and then 4,900 in the sixth year and
increasing by 3,300 each year thereafter. The salvage value is 0 at
all times and MARR is 8% per year. What is the economic life...
6. A 529-state-approved Individual Retirement Account (IRA) permits parents to invest tax-free dollars into their children's college education fund (this money may only be used for educational expenses). Another popular plan, the Roth IRA requires after-tax dollars to be invested in a savings fund that may or may not) be used for paying future college expenses. Both plans are tax free when the money is eventually withdrawn to assist with college expenses. Clearly, the 529 IRA plan is a better...
In a replacement analysis for a vacuum seal on a spacecraft, the following data are known about the challenger: the initial investment is $10,500; there is no annual maintenance cost for the first three years, however, it will be $2,300 in each of years four and five, and then $4,300 in the sixth year and increasing by $3,000 each year thereafter. The salvage value is $0 at all times, and MARR is 8% per year. What is the economic life...
Suppose you have $200,000 cash today and you can invest it to
become worth $2,000,000 in 13 years. What is the present purchasing
power equivalent of this $2,000,000 when the average inflation rate
over the first six years is 4% per year, and over the last seven
years it will be 8% per year?
Suppose you have $200,000 cash today and you can invest it to become worth $2,000,000 in 13 years. What is the present purchasing power equivalent of...
6-29. Two pumps are being considered for service in Africa. Each can draw water from a depth of 50 meters and both pumps deliver 60 horsepower (output) to the pumping operation. One of the pumps must be selected. It is expected that the pump will be in use 800 hours per year. The following data are available. If electricity costs $0.14 per kilowatt-hour, which pump should be selected if the MARR is 8% per year? Recall that 1 hp =...
A geometric gradient that increases at f= 8% per year for 14 years is shown in the accompanying diagram. The annual interest rate is 15%. What is the present equivalent value of this gradient? Click the icon to view the diagram for geometric gradient values. B) Click the icon to view the interest and annuity table for discrete compounding when i = 8% ner vear The present equivalent value of the gradient is $ . (Round to the nearest dollar.)...
there are two parts as a and b. i have 15 hours to submit.
thank you
Homework: hw8 Yesim Demir & 13/05/2016:18 PM Score: 0 of 1 pt Save 3 of 3 (1 completo Instructor-created question HW Score: 33 33%, 1 of 3 pts Question Help Tucson Solar Company builds residential solar homes. Because of an anticipated increase in business volume the company is considering the action of a loader at a cost of $51000. This studies delivery charges and...
Your company is environmentally conscious and is considering two heating options for a new research building. What you know about each option is below, and your company will use an annual interest rate (MARR) of 8% for this decision. Which is the lower cost option for the company? Click the icon to view the additional information about the options. 2 Click the icon to view the interest and annuity table for discrete compounding when the MARR is 5% per year....
TABLE B.2 Future Value of 1 Rate 2% 3% 5% 6% 7% 8% 0% 12% 15% 1.0000 0000 1.1000 1200 1.2100 12544 1.0303 1.0612 1.0927 1249 1.1576 1.1910 1.2250 1.2597 1290 13310 1.4049 1.5735 1.6105 1.7623 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0100 .0200 1.0300 1.0400 0500 1.0201 .0404 1.0609 1.0816 1.1025 11236 .1449 .1664 1.1881 1.0700 1.0800 1.0900 1.0406 .0824 1.1255 11699 1.2155 1.2625 .3108 3605 1.4116 1.0510 1.1041 .1593 1.2167 1.2763 1.3382 .4026 1.4693 5386...
Chapter 10 Homework A Saved On January 1, 2018, Eagle borrows $15,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $4,428, consisting of accrued interest and principal on December 31 of each year from 2018 through 2021. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to the nearest dollar amount. Round all table values to 4 decimal places,...
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