A deposit of $27521 now at an interest rate of 10% per year will accumulate in 10 years to an amount closest to?

Your grandfather made a save account with the interest of 10% per year, to that account worth a value of 100 dollars on your 25th birthday, how much your grandfather deposit on the day you were born?

A certain sum of money will be deposited in a savings account that pays interest at the rate of 6% per year, compounded annually. If all of the money is allowed to accumulate, how much must be deposited initially so that $5,000 will have accumulated after 10 years

1. What is the future worth 6 years from now of a presentcost of P175,000 to Corning, Inc. at an interest rateof 10% per year?

A family that won a $100,000 prize on America’s Funniest Home Videos decided to put one-half of the money in a college fund for their child whowas responsible for the prize. If the fund earned interest at 6% per year, how much was in the account 14 years after it was started?

How many years will it take for money to increase to three times the initial amount at an interest rate of 10% per year?

You found a report stating that the equivalent annual worth of chemical costs associated with a water treatment process were $125,000 per year for a 5-year period. The report stated that the cost in year 1 was $190,000 and the cost decreased by a uniform amount each year over that 5-year period. However, it did not say how much the decrease was each year. If the interest rate was 20% per year, the amount of the annual decrease, G, is closest to: (a) $27,358 (b) $31,136 (c) $33,093 (d) $39,622

How much money should a bank be willing to loan a real estate developer who will repay the loan by selling seven lakefront lots at $120,000 each 2 years from now? Assume the bank’s interest rate is 10% per year.

Instructions Sun Oil Company is considering the installation of new flow meters in one of its pipelines. If the company goes ahead with the project, it will spend $50,000 each year for four years starting 2 years from now. What is the present of the investment at an interest rate of 10% per year? Show the cash flow diagram.

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