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Which muffler would you advise him to have installed if you thought 20% was a suitable interest rate and the less expensive muffler would only last 2 years?
Teléfono Mexico is expanding its facilities to serve a new manufacturing plant. Which alternative should be selected, assuming a 10% interest rate?
We know a car can be had for 60 monthly payments of $399. The dealer has set us a nominal interest rate of 4.5% compounded daily. What is the purchase price?
A student has a job that leaves her with $500 per month in disposable income. What is the maximum car purchase price that she can afford with her loan?
What considerations are there besides economic factors in deciding whether to construct the bridge?
Determine the purchase price of a new home if it was financed with a 10% down payment and payments of $539.59 per month for 30 years at 6% interest.
The offer is $175,000 now and a semiannual annuity of $75,000 for the next 3 years. If money is worth 6.1% to the coach, what is the buyout worth?
Just after the fourth interest payment, the bond will be sold. Assume that an effective interest rate of 101 /4% will apply and calculate the price of the bond.
Interest rates have fallen since the planning for this bond was completed, and interest rates are now 7%. At what price should this bond sell?
A 10-year, 9% bond, issued by Cheap Motors Manufacturing. If investors require a 12% return, how much should they be willing to pay on January 1, 2004?
What is the PW of Super Tool's new test equipment? The development cost is $1.2M. Net revenues will begin at $300,000 for the first 2 years and then decline.
Determine each table's residual value if the PW is to equal zero. The cost of money for Pass-Time is 10%.
What is the present worth of the entire 30 years of service if the interest rate is 10%?
What is the PW (at i = 10%) of the following electric power-generating project? There is a $180,000 overhaul cost in year 8. The first cost is $420,000.
Which drops by $50,000 per year for the following 14 years. If More Tech's interest rate is 12%, what price should More Tech charge for the subsidiary?
Which decreases by $250 each year thereafter. After 6 years, the press can be sold for $500. What is the press' present worth at an interest rate of 12%?
The initial investment is $150,000. Manufacturing and selling the soap will cost $7350 per year. Determine the investment's PW if interest is 12%.
The machine has a salvage value of $250 at the end of its 5-year useful life. Determine the present worth at an interest rate of 5%.
If the apartment house can be sold for $100,000 at the end of 10 years, how much can you afford to pay for it if the time value of money is 10%?
If annual payments of $12,000 are assumed with an interest rate of 12.68% per year, what initial principal will be repaid? Why do these differ?
What should the Midwest charge the firm? The firm will pay all costs for insurance, security, heating, lighting, and maintenance.
If the owners' interest rate is 12%, what is the PW of each option over the next 5 years? Will costs after 5 years make a difference?
If the endowment will be invested at 8%, how large a donation must Computer Colleagues make?
The annual cost of the chair is $150,000. If the endowment will be invested at 5%, how large must the endowment be?
The city uses a 5% interest rate and a study period of 20 years. How large does the salvage or residual value have to be for the project to have a PW > 0?