2 If the cost of the machine is $14000, its salvage value is $1500 and its estimated useful life is 5 yr, the straight line depreciation is   Question 2 options:   $2000   $2500   $3250   $2050

Suppose you owe $18,000 on a credit card that carries an APR of 24%. Because the balance is so high, you choose to stop charging and pay off the card. You can afford to make only the minimum monthly payment, which is 5% of the balance. Then your balance after t months is given by B = 18,000(1.02 ✕ 0.95)t  dollars. How many payments will you have to make to get the balance below $100?

If the price of gold decreases at a monthly rate of 2.2%, by what percentage does it decrease in a year?

This year, FCF Inc. has earnings before interest and taxes of $9,710,000, depreciation expenses of $1,000,000, capital expenditures of $1,200,000, and has increased its net working capital by $600,000. If its tax rate is 35%, what is its free cash flow? The company's free cash flow is $. (Round to two decimal places.)