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If the firm's cost of money is 12%, what is the maximum amount that should be spent on the corrosion-resistant bridge?
The Moo-Cow Dairy may purchase new milking equipment for its milking barn. If money is worth 7% to the dairy, determine the equipment's PW.
Tenants will pay 15% of the cost of the buildings each year in rent. If Baker and Sons uses an interest rate of 8%, what is the PW of the research park?
Expected first costs are $1.2B, and the annual net revenue is estimated to be $75M. What is the PW of the facility?
Western Coal is considering a modification of its plans for the open-pit mine described. If the interest rate is 15%, what is the PW of the slurry pipeline?
When the mine is closed, $15M will be spent for reclamation. If Western Coal uses an interest rate of 15%, what is the PW of this mine?
The industrial engineering department for Invade Air Fresheners has found. Determine the amount Invade should be willing to pay for the machine.
If the salvage value is $4000, how short must the life be so that the salvage value's PW is 10% of the first cost?
Determine the down payment that must be made on an automobile that cost $20,000 if payments are limited to $375 per month for 48 months at 9% interest.
Estimate the cost each year for the first 5 years. The population is increasing at 6%, and the tons per resident are increasing at a rate of 1%.
What was the basis for and the pattern of trade according to Adam Smith? How were gains from trade generated?
At what interest rate is the present worth of the two payment plans equivalent if the lump sum is 45%? If it is 55%?
At what interest rate is the following statement exactly true? Waiting 5 years to start saving doubles what you must deposit each year.
Develop a general-purpose spreadsheet to calculate the balance due, principal payment, and interest payment for each period of a loan.
A homeowner upgrade a furnace that runs on fuel oil to natural gas unit. If interest rate is 9% per year, how long will take to recover the initial investment?
The interest rate is 10% and payments are made monthly. Print out the balance due, principal payment, and interest payment for each period.
Net returns from the product will be $20K per year for 10 years. If the firm's i is 10%, what is the PW for continuing? Should the firm continue?
Cathy, a graduating civil engineering student, is offered a job at a remote construction project overseas. What is the present worth of the bonus?
How long will this product be profitable? All the above estimates are in constant value dollars so that inflation has been accounted for.
Assume you will retire at age 65. What is the PW of earning the M.S. degree with an interest rate 5%? How did your account for inflation?
What is the maximum annual raise and corresponding rate of increase that result in less than a 10% difference between the two final value at the end of 5 years?
Assume that his payments and deposits are made annually. What is the value of each of John's two investments at the end of the 30-year period?
A homeowner is considering an upgrade from a fuel oil-based. If the interest rate is 9% per year, how long will it take to recover the initial investment?
If revenue is constant at $11M per year, what is the PW at Specialty's interest rate of 10%?
If an extra $50 principal payment is made at the end of month 1 and this extra amount increases by 1% per month, how soon is the mortgage paid off?