A small company heats its building and will spend $9,592 in year 1 on natural gas for this purpose. Cost increases of natural gas are expected to be 9% per year starting year 2. Their maintenance on the gas furnace is going to be $408.25 in the first year and this expense is expected to increase by 15% per year starting year 2. If the planning horizon is 15 years, what is the total annual equivalent expense for operating and maintaining the furnace? The interest rate is 18% per year. (Round to nearest dollar) (a) The total present worth of operating and maintaining the furnace is $ (b) The total annual equivalent expense for operating and maintaining the furnace is $ (Round to nearest dollar)

Hand written solutions are strictly prohibited

Question 5 Costs for maintenance of buildings at an industrial complex are expected to be $1,000 in year three, $1,200 in year four and amounts increasing by $200 per year thereafter through year nine. At an interest rate of 10% per year, what is the present worth of the cash flow?   Question 6 You wish to make an investment of $3,000 today, which will become $5,000 at an interest rate if 12% . How many years will it take?   Please don't handwriting solution

I borrowed $25,000 with an add-on rate, 4% for two years and I have to make weekly payments. Using this information, determine the amount of weekly instalment I will be making. a) Between $234 and $245 b) None of the answers is correct c) Between $254 and $265 d) Between $334 and $345 e) Between $354 and $365