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george expects to inherit 500000 someday from his grandparents assuming that it happens in 10 years graph the present
george of problem 311 does not really know when the inheritance will come assume 10 years and a 10 interest rate
what is the monthly payment for a 3-year new car loan when the nominal interest rate is 12 after rebates down payments
a young engineer wishes to buy a house but she can only afford monthly payments of 500 thirty-year loans are available
using a credit card tim settles has just purchased a stereo system for 975 if he makes payments of 45 per month and the
murphy morsels just bought a new chocolate-chip making machine for 25000 murphys old machine was taken as a trade and
nichols electric expects to replace a 500000 piece of equipment in 4 years it plans to accumulate the necessary funds
to buy a new automobile brian williams takes out a loan of 12000 at 6 interest with monthly payments over 5 years how
barb jones wants to buy a new home which costs 87500 barb is planning to make a 10 down payment if barb can obtain a
cranford cranberry bogs just purchased new water whipping equipment for 100000 cranford agreed to repay the loan over a
bob and mary johnson are expecting their first child they have decided to deposit 1000 into a savings account that pays
hate manufacturing is purchasing a large tract of land for a new facility its loan is for 3 million and it will be paid
ez money who owns a chain of nightclubs needs to borrow 20000 to remodel the local dive imam shark offers to loan the
a new product will generate net revenues of 600000 per year the interest rate is 10a what is the present worth of the
a lottery pays the winner 1 million in 20 equal payments of 50000 the payments are received at the end of the year and
linda oshay deposited 30000 in a savings account as a perpetual trust she believes the account will earn 7 annual
an engineer has a fluctuating future budget for the maintenance of a particular machine during each of the first 5
a machine has a first cost of 150000 an annual operation and maintenance cost of 2500 a life of 10 years and a salvage
a construction firm needs a new small loader it can be leased from the dealer for 3 years for 5500 per year including
the johnson company pays 2000 a month to a trucker to haul wastepaper and cardboard to the city dump the material could
jenny mccarthy is an engineer for a municipal power plant the plant uses natural gas which is currently provided from
when he purchased his home al silva borrowed 280000 at 10 interest to be repaid in 25 equal annual end-of-year payments
a firm must decide whether to provide their salespeople with firm-owned cars or to pay a mileage allowance for their
the town of dry gulch needs more water from pine creek the town engineer has selected two plans for comparison a