2. A company that utilizes carbon fiber 3-D printing wants to have money available two years from now to add new equipment. The company currently has $650,000 in a capital account and it plans to deposit $200,000 now and another $200,000 one year from now. What is the total amount available in two years, provided it retums a compounded rate of 15% per year.

2. A company that utilizes carbon fiber 3-D printing wants to have money available two years from now to add new equipment. The company currently has $650,000 in a capital account and it plans to deposit $200,000 now and another $200,000 one year from now. What is the total amount available in two years, provided it retums a compounded rate of 15% per year.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Payment of $883 due 2 months ago and $435 due today are to be repaid by a payment of $400 one month from today and the balance in 11 months from now. If money is worth 6% compounded monthly, and the agreed focal date is 11 months from today. What is the size of the final payment?
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Barbara borrowed a certain amount of money and repaid the loan with ten payments. The first five of her payments were P5631 per year with an interest rate of 8% per year compounded continuously, and the next five years had payments of P12318 per year with 12% compounded continuously. How much did she borrow?
Q.4. Subject :- Economic
How much will I have 8 years from now, if I will invest P10,929 at the end of each three months for the next three years? My money has a rate of return of 7.5% compounded semi-annually.
Kevin wishes to become a millionaire by the time he is 60 years old. He believes he can obtain a 12% rate of return compounded semi-annually by investing for it. He plans to invest a uniform sum of money each year, beginning on his 20th birthday and continuing through his 59th birthday. How much money should Kevin set aside in this investment each year for him to be a millionaire on his 60th birthday?
1. John Doe Co., a company that makes tractors, budgeted $75,000 per year to pay for certain components over the next 6 years. If the company expects to spend $16,000 in year 1, how much of a uniform (arithmetic) increase each year is the company expecting in the cost of this part? Assume the company uses an interest rate of 10 % per year.
What nominal rate per 6-months is equivalent to an effective rate of 11% per year, compounded continuously? The nominal rate per 6-months that is equivalent to an effective rate of 11% per year, compounded continuously is 5.65 %.
3.24 A sum of $120,000 now at an interest rate of 10% per year compounded semiannually is equivalent to how much money 6 years ago? Solve using tabulated factors in two ways: using the effective annual rate and the effective semiannual rate.
For an interest rate of 6% per year, compounded semiannually. Find the effective interest rate per year leff = 6.136% a O leff = 6.605%.bO leff = 6.167% leff = 6.09% d O
An asphalt road requires no repair for three years but starting on the 3rd year P94,745 will be needed for repairs and the same amount at the end of each succeeding year for the next 5 years, then P10.254 at the end of each month for the next 2 years. If money is worth 15.254% compounded annually, how much is the total present cost of the repair?
Please answer bolt ahe answer.