A geotechnical engineering firm has been awarded a job to design the foundation of an office building. The project is postponed and will not start for four more years. The firm needs to estimate the present worth of the costs of the project. At the year four, the cost will be $175,000 decreasing by $50,000 per year for the next three years. If the interest rate is 4%, what is the present worth of the projected cost of the project?

The highway department has purchased a piece of equipment that will require annual maintenance. In year 1 the maintenance will be $9500 and will increase by an estimated $3900 every year for the life of the equipment: 14 years. Using an interest rate of 6.2% calculate the present worth of the maintenance cost.

A mom would like to open a savings account for her new born son's university education. Her plan is to deposit $5,000 at the end of each year for 18 years. From her job, she is expecting a promotion bonus of $4,000 at the end of 8 years that she can deposit directly to her son's university fund. However, she needs to get a new car 5 years from now with a down payment, so she realizes she cannot save any money for her son's university fund during that year. If the underlying savings account pays 8% interest compounded annually, how much money would her son have in this account at the end of 18 years?   Please show all steps!!

If the interest rate is 10% and cash flows are $1000 at the end of year one and $2000 at the end of year two, then the present value of these cash flows is??

If possible please use uniform series and geometric/arithmetic series with the table to solve the problems!

Please proceed with this problem In Year 2532, the world is “Exactly” different. Every second, minute, hour counts in comes to interest. Compute the future amount of an investment P 100,000 with an interest of 15% after 74 days, 2 hours, 6 minutes and 20 seconds.

Five years ago you invested $18,242. What is the current value of that investment if you use a 5% market interest rate?

If 20000 is invested now, and 40000 four years from now(all at 5 %), what will be the total amount in ten years a 110, 505,37 b. 130, 505.37 answer:b

An individual makes rental payments of $1,200 per month and wants toknowthe present value of their annual rentals over a 12-month period. The paymentsare made at the start of each month. The current interest rate is 8%per annum.