How much money should be deposited annually in a bank account for five years if you wish to withdraw $4,000 each year for three years, beginning five years after the last deposit? The interest rate is 5% per year. The annual deposit amount should equal _____
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How much money should be deposited annually in a bank account for five years if you wish to withdraw $4,000 each year for three years, beginning five years after the last deposit? The interest rate is 5% per year. The annual deposit amount should equal _____
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- Fact 21 Eileen has 2.5% of her earnings deposited into her retirement plan. If $150 per month is deposited in the plan, find ner monthly and yearly earnings. 8. Her monthly earnings are $ (Round to the nearest cent as needed.) Her yearly earnings are $ (Round to the nearest cent as needed.) 09 C.SU7 365 https://xlitemprod.pearsoncmg.com/api/v1/print/mathLewis’s management has been considering movingto a new downtown location, and they are concerned that these plans may come to fruition priorto the equipment lease’s expiration. If the moveoccurs then Lewis would buy or lease an entirelynew set of equipment, so management wouldlike to include a cancellation clause in the leasecontract. What effect would such a clause haveon the riskiness of the lease from Lewis’s standpoint? From the lessor’s standpoint? If you werethe lessor, would you insist on changing any ofthe other lease terms if a cancellation clause wereadded? Should the cancellation clause containprovisions similar to call premiums or any restrictive covenants and/or penalties of the type contained in bond indentures? Explain your answer.Your firm is thinking about investing $250,000 in the overhaul of a manufacturing cell in a lean environment. Revenues are expected to be $39,000 in year one and then increasing by $13,000 more each year thereafter. Relevant expenses will be $15,000 in year one and will increase by $7,500 per year until the end of the cell's nine-year life. Salvage recovery at the end of year nine is estimated to be $10,000. What is the annual equivalent worth of the manufacturing cell if the MARR is 9% per year?
- ou decided to go and apply for a credit card at your local financial institution.The Prime rate currently announced on June 1 was 3.25%. You have goodcredit history and a FICO score of 700. The lowest rate that they can offer toindividuals is a 18.99% APR for a credit card that gives cashback on purchasesand rewards. You were offered 21.99% APR for the credit card. How did thelender determine or calculate what rate they should offer you?What simple interest rate is equivalent to simple discount rate 15 ½ % in discounting anamount for 9 months?Question 2 Help. What is compounded semi-quarterly in terms of n? I mean we have annually, semi-annually, quarterly and monthly. I as well don't know if it's typo or not. So pls help tyyyyyyy. Full explain this question very fast
- ! Use the given Data ! bartleby = 3 max questionsFor a deposit of P150000 at 8.5% interest compounded continuously over 5 years, find the interestearned. Jonal is left with an inheritance which amounts to P 30000 trusted to her guardian until it reachesto P 60000, how long would she wait for her money if it is invested at 10% compounded quarterly?N=What is cash equivalents?. Define it with the context of economics.A highway bridge is being considered for replacement. The new bridge would cost SX and would last for 20 years. Annual maintenance costs for the new bridge are estimated to be $23,000. People will be charged a toll of $0.29 per car to use the new bridge. Annual car traffic is estimated at 360,000 cars. The cost of collecting the toll consists of annual salaries for five collectors at $8,000 per collector. The existing bridge can be refurbished for $1,400,000 and would need to be replaced in 20 years. There would be additional refurbishing costs of $60,000 every five years and regular annual maintenance costs of $21,000 for the existing bridge. There would be no toll to use the refurbished bridge. If MARR is 10% per year, what is the maximum acceptable cost (X) of the new bridge? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 10% per year. Choose the correct answer below. O A. The maximum acceptable cost of the new bridge is $1,931,249.…
- Question 2 Help. What is compounded semi-quarterly in terms of n? I mean we have annually, semi-annually, quarterly and monthly. I as well don't know if it's typo or not. So pls help tyyyyyyy. ...vishol ottelum s llachowo now olques ogrold bid omated 77 Consider the accompanying cash flow series at varying interest rates. What is the equivalent present worth of the cash flow series? 212 in Into) bluode (vloeibomii obsina inomyn Go gninaiw bift og oft niw irgo Jasaryag owl pedi lliw 9167 12 $1,800 aw 1A mue qmal adi yol baigo Traslaviupo ed لعتلة tudiuzib 1 on adi ui folo $1,200 Abu2 0263702 12 is also vratol to dne noillim 1962 to Intons blog abhi to onda on €8.S noillim 142 lo loto 4% oy done to gn a od antub yad mismox ad benvor $1,200 $1,200 6% 2A 110.8%uunil 166% 2 1000 yaniom osito z lamoteoubs a'atale si omi tugs abosoon vool si 1911A launne bobnuogmoo o to o oft is lastini Vinuroos iw oum wod. (IS soy to gninniged sdi 10) sbam nood and YP = ? 02 TUO DVB2 of wolf cidad orienoilliM" absor shilbead roqngawon A MR.S quomoo os sudbiw sihil a ebauoe il "matey vinuos? nillead rogagawon aids to 1135dl 1974 betudiazib od em od to noitudinab odLeon and Heidi decided to invest $3,000 annually for only the first eight years of their marriage. The first payment was made at age 25. If the annual interest rate is 10%, how much accumulated interest and principal will they have at age 65? Click the icon to view the interest and annuity table for discrete compounding when i = 10% per year. The accumulated interest and principal will equal $ ... (Round to the nearest dollar.)