You will be living in a new city for 24 months, and you will need a car while you're there. You can either lease or buy the car. If you lease, you'll have a down payment of $1,400 and a monthly payment of $550, but you'll pay nothing for maintenance because it would be included in the cost of the lease. Give a MARR of 11%, what is the present worth of the lease option? (Note that this is cost alternative - there are no positive cash flows.) Typed numeric answer will be automatically saved.

What is the current economic value of an inheritance that will pay $2,400 to the beneficiary at the beginning of every three months for 25 years, starting when the beneficiary reaches 20 years of age, 3 years from now? Assume that money is worth 6.4% compounded monthly. (Do not round intermediate calculations and round your final answer to the nearest dollar.) Today's value

An elderly lady decided to distribute most of her considerable wealth to charity and to keep for herself only enough money to provide for her living. She feels that $4500 a month will amply provide for herneeds. She will establish a trust fund at a bank that pays 0.6% interest, compounded monthly. Upon her death, the balance is to be paid to her niece, Susan. If she deposits enough money to last forever, how much will Susan receive when her aunt dies? A local symphony association offers memberships as follows: Continuing membership, per year $ 300 Patron lifetime membership 5000

What is the future value of $100 next year. If discount rate is 5% annually.

The cost of maintaining a new car is projected to be 40 dollars in the first year. This cost is projected to rise by $10 per subsequent year. If you decided to maintain the vehicle for 7 years, how much will you have to set aside when you buy a new car to cover all potential maintenance costs? Assume the interest per annum is 5 percent.

Calculate the present value of an asset that pays $225 at the end of each year for 6 years and has a face value payment of $500

In saving for a future major purchace, Oksana has been making uniform deposits of $5,000 per year in an account that has earned variable annual interest rates of in-12-13-5% and i=15-7% (see cash flow diagram below). How much does she have in the account immediately after making the last deposit? ATT The account will have ! (Round to the nearest dollar) GUILD

You own a manufacturing business and are considering the purchase of a labor-saving device.  You project that the device will last 12 years and save you $750 per month in labor costs (assume that the savings are realized at the end of each month).  At the end of 12 years, you project you can sell the device for a salvage value of $12,000.  Assuming that you can earn 9% compounded monthly on your money, what is the value of the device?

You decide to place all your savings of $1,234 into a fund that has a modest annual interest rate of 0.33% for the time you are at UTC for 4 years. What is the balance of the account at redemption?

Our new computer system cost us $110,800. We will outgrow it in five years. When we sell it, we will probably get only 10% of the purchase price. CCA on the computer will be calculated at a 30% rate (Class 10). Calculate the CCA and UCC values for five years. (Round your intermediate calculations and final answers to 2 decimal places. Omit $ sign in your response.) Year 1 2 3 4 5 A $ A A $ tA CCA 33240 Ending UCC 77560 What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% tax rate. (Omit $ sign in your response.) After-tax proceeds