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Money must make monthly payments of $1118. Determine the loan's (a) monthly interest rate and (b) effective annual interest rate.
What is the PW and equivalent annuity for Felix's salary over the next 5 years? Felix uses an interest rate of 6%.
The ABC Block Company anticipates receiving from its investments $4000 next year with increases of 5% per year. Determine the present worth of the cash flows.
What is the present worth of cash flows that begin at $10,000 and increase at 8% per year when N is 4 years? The interest rate is 6%.
Net revenues at an older manufacturing plant will be $2M for this year. If the firm's interest rate is 10%, calculate the PW of the revenue stream.
Millville is suffering annual losses of taxable properties and property values of 1% each. What is the required rate of increase in the tax rate?
Beginning in year 5, user benefits will increase by $1M per year. What is the present worth of the benefits over 20 years if i = 6%?
Beginning in year 5 and continuing through year 10, income will rise $50K per year. What is the equivalent present worth, if the interest rate is 12%?
What is the present worth (at 12%) of maintenance costs that start in year 1 at $4500 per year and then climb by $225 per year when the warranty expires.
What is the present worth (at 8%) of an inheritance that begins at $8000 per year next year and then falls by $500 per year over its 16-year life?
What is the present worth (at 7%) of maintenance costs that start at $3500 per year and then climb by $825 per year over a 10-year life?
A factory reorganization is expected to save $40,000 per year. If the interest rate is 12%, how many years does it take to recover the capital cost?
How much must Helen set aside in her savings account on June 1 to pay her rent for the next year? The account pays 6% interest with monthly compounding.
You want to bank enough money to pay for 4 years of college at $15000 per year. If you deposit the money on your child's 3rd birthday how much must you deposit?
Cranford Cranberry Bogs just purchased new water whipping equipment for $100,000. Determine the payment amount and the total finance charge.
How much money will be in the account on the child's 19th birthday to finance a college education?
Its loan is for $3 million, and it will be paid off in 15 equal annual payments. If the interest rate is 10%, how much is each payment?
What theories the economist created or advanced, what were the economist major contributions to the school of economics.
One of the key monetary policy tools used by the US Federal Reserve is the open market operations.
How would you estimate the additional dollar cost of each additional salesperson?
Discuss the empirical evidence on discrimination in sports.
Post this week about the employment and internship opportunities for Johnson and Johnsoncompany. Sources include:
Which of the following is NOT one of three defining characteristics of money?
Do you think that "Gaia Theory" or "Earth System Theory" is a better name for communicating with non-scientific members of the public? Why?
Murphy plans on making monthly payments for 3 years with 12% nominal interest. What is the monthly payment?