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- Che-Che bought his brother a laptop 5 years ago which has a cost of around 25,000PhP. The laptop’s life span will last until 5 years. She has a friend which is a computer technician who advised her that the laptop’s life span could extend until 10 years if she could spend semi-annual maintenance of 100Php with a 10Php increase rate starting the next period of maintenance inspection. How much is the total future cost assuming that the money will have a rate of 2% compounded semi-annually if she decided to enjoy using her laptop beyond the expected life span upon purchasing? Please show clear written solution (because sometimes when the solution is typed here, the solution becomes confusing and hard to read) and cash flow diagram. I give my appreciation. In advance :)ENGINEERING ECONOMICSMenchie bought his brother a laptop 5 years ago which has a cost of around 25,000PhP. The laptop’s life span willlast until 5 years. She has a friend which is a computer technician who advised her that the laptop’s life span couldextend until 10 years if she could spend semi-annual maintenance of 100Php with a 10Php increase rate startingthe next period of maintenance inspection. How much is the total future cost assuming that the money will havea rate of 2% compounded semi-annually if she decided to enjoy using her laptop beyond the expected life spanupon purchasing?$1000 is deposited into a 9% account today. At the end of 2 yr, another $3000 will be deposited. In 5 yr, a $4000 purchase will be made. Approximately how much will be left in the account 1 yr after the purchase?
- A concrete pavement on a street would cost $10,000 and would last for 5 years with negligible repairs. At the end of each years, $1,000 would be spent to remove the old surface before $10,000 is spent again to lay a new surface. Find the annual cost of the pavement at 5%.ENGINEERING ECONOMICSIt costs P500,000 at the end of each year to maintain a section of Kennon Road in Baguio City. If money is worth10%, how much would it pay to spend immediately to reduce the annual cost to P100,000?a. List the given variablesb. Formula & Complete solutionThe annual worth for years 1 through 7 of the cash flows shown is $35,000. What is the amount of x, the cash flow in year 3, at i - 8% per year? Write the basic set up equations, formulae used and all detailed calculations used to arrive your answer. The value or x as per your calculation is_ i= 7% per year 0. 1 4 6. 7 Years 3000 4000 2x 7000 8000 9000
- In Europe people are experiencing negative interest rates. This means banks charge their customers for protecting the patron's money. If 17,000 euros (European Union currency) is deposited in a "savings" account that is subject to a negative interest rate of 2% per year, how much money will the customer have in 4 years? The customer will have euros in 4years. (Round to the nearest euro.)Your cousin is currentty 11 years old She will be going to colege in 7 years. Your aunt and uncle would like to have $95,000 in a savings account to fund her educaton at that time If the account promises to pay a fixed interest rate of 3.7% per year, how much money do they need to put into the account today to ensure that they will have $05.000 in 7 years? The amount they need to put away today is S (Round to the nearest cent.)Maintenance cost for a new piece of manufacturing equipment is expected to be $5,000 in the first year and increase $250 per year for every year thereafter. If the cost of funds is 10%, what is the present worth cost of maintenance for the next 5 years?
- Maintenance cost of a machine is S 100 during the second year and to increase by $ 100 every year for the succeeding 5 years. What is the present value of the maintenance costs if the gradient to present equivalent conversion factor is equal to 32.18,the gradient to uniform series conversion factor is 4.59, the gradient to future equivalent conversion factor is 42.87. Show solutionsMandy would like to go on a backpacking trip through Europe after she graduates. She will graduate in 2 years and estimates the trip would cost $2,800. She deposits money into an account that earns 11% annually. How much would she need to set aside now to be able to pay for the backpacking trip? Click here to access the TVM Factor Table calculator. $Please Solve In 15mins e-h