For an interest rate of 1% per 2 months, determine the number of times interest would be compounded in 3 years. O a. 3 times O b. 18 times Oc. 36 times O d. 12 times
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- A company is planning to spend $100,000 now for possible replacement of the heating and cooling systems in three of its larger manufacturing plants. If the replacement won't be needed for 4 years, what is an equivalent annual worth if it earns interest at a rate of 8% per year? a. $30,192 b. $29,992 OC. $30,921 O d. $31,200 جا Moving to another question will save this response. Question 2 of 20The first-year maintenance cost for a new automobile is estimated to be $100, and it increases at a uniform rate of 10% per year. Using an 8% interest rate, calculate the present worth of cost of the first 5 years of maintenance. Select one: O a. $620.56 O b. $380.24 Oc $480.42 O d. $550.24 Next page 1 GRO3-07.06.2021 Time:14.30 Jump to.. abiu Rabiu (Log out) CON 204 ary 14:31 to A Q 4x 0 ENG AK 24/06/2021 primeFor the cash flow given determine the future worth in year 6 at an interest rate of 8% per year. (You can use 2 decimal places after dot for the values you read from the table for this question) 1. year cash flow($) 4. 1400 1300 1200 1100 1000 900 Select one: O a. 5416.00 O b. 6837.00 O c. 8611.44 O d. 9100.00 O e. 6305.94 1 GRO3-07.06.2021 Time:14.30 Jump to... prime video to
- 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?! Pls answer all ! bartleby 3 max question How much is the exact simple interest of P 6000 from February 28, 2000 to December 31, 2001with an interest rate of 8 %? How long in days should an amount of P 35000 with a 5 % exact simple interest would become P35556?Calculate the equivalent FW at i= 10% per year for the following net cash flow: Year Cash flow, $ -2,000 -2,000 3 -2,000 4. 4,600 5 4,600 4,600 Select one: O a. 6415 O b. 5091 O c. 4429 O d. 5753 O e. 7077
- Find the value of X for the following cash flow in the way that the total The present value is equal to $40,000 for the Anterest rate of 15% per year. Year 3. 4 7. 11 Revenue, $ 4000 4000 4000 4000 4000 Select one: O a 142955 O b. 132955 Oc 138955 O d. 121955 O e. 1269552. Zharie's Fashion Boutique is an online selling business specializes in ready to wear clothes for teens and young adults. The average t-shirts sold every day is 15 and the average number of dresses sold every day is 10. She gets her supplies at a local RTW dèaler in' the city. The cost per t-shirt is 95 pesos whole the dresses cost 200 pesos per piece. She then adds 50% mark-up to every piece of RTW sold. Calculate how much mark-up she should add, determine how much should be the selling price for 20 liters bottled water and compute the projected revenue. Projected Projected Volume Revenue Type of RTW Cost per Unit Mark-up Selling Price Average No. of Item Sold Daily TotalSuppose an engineer has $180000 in his/her savings account that pays 5% nominal interest that compounds annually. In the next 10 years, in the end of each year, s/he would like to make withdrawals such that every next year's withdrawal will be 5% more than the previous year's withdrawal. What is the maximum amount that can be withdrawn in the end of the first year? Choose the closest value to your answer. A $18000 $18300 $18450 $18900 $18600
- Determine the present equivalent value (PW) of the following cash flow when the annual interest rate varies as indicated: Year Cash flows Interest rate 5% 1,000 (from year 0-1) 2. 1,000 6% 3. (from year 1-4) 4. 3,000 Select one: O a. 4650 O b. 5449 O c. 4250 O d. 5849 O e 5049Approximately, what is the value of (F) if P=1940, n=2 years, and i= 2.5% per year? Select one: O a. 1692 O b. 2038 O c. 2446 O d. 2731is based on the equivalent worth of all cash inflows and outflows at the end of the planning O a. Future Cost O b. Present Worth O c. Present Cost O d. Future Worth