A company estimates that 0.3% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $400. If they offer a 2 year extended warranty for $25, what is the company's expected value of each warranty sold? %24

Your company provides a 50% matching toward your retirement. If you deposit $200 each month into a retirement account with an APR 5.99% What would you type into excel to find his balance after 40 years

A new investment opportunity for you is an annuity that pays $850 at the beginning of each year for 3 years. You could earn 5.5% on your money in other investments with equal risk. What is the most you should pay for the annuity?

Ten cavemen with a remaining average life expectancy of 10 years use a path from their cave to a spring some distance away. The path is not easily traveled due to 100 large stones that could be removed. The annual benefit to each individual if the stones were removed is $9.25. Each stone can be removed at a cost of $1.75. The interest rate is 2%. Click here to access the TVM Factor Table Calculator Part a Compute the benefit/cost ratio for the individual if he alone removed the 100 stones. Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is 10.02.