A small company is trying to decide whether or not to upgrade its website. The upgrade costs 5,000, but will bring in a continuous stream of $500 dollars of extra income per year. If the company would invest this extra income in an account with a continuously compounding interest rate of 3% for ten years, should the company upgrade the website?

Q: Suppose that a car that you want costs $11000. You make a down payment of $1000 and finance the…

A: Car cost: $11000.  Down payment: $1000 Time: 4 yearInterest: 1.9% p. a.

Q: An aluminum sign post lasts 17 years, compared to 9 years for a wooden post.  Wooden posts cost…

A: given that -An aluminium sign post lasts 17 years, while wooden post last for 9 years.…

Q: The cost of attending your college has once again gone up. Although you have been told that…

A: The coefficient of Dpriv in the simplified model has increased dramatically, from 8 to406.79…

Q: If you make an investment of $5,000 and the investment earns an annual interest rate of 4.9%, in how…

A: Topic = Algebra

Q: CX Enterprises has the following expected dividends: $1.05 in one year, $1.21 in two years, and…

A: Given information: Expected Dividend in year 1 (D1) = $1.05 Expected Dividend in year 2 (D2) = $1.21…

Q: If Max has $40,057.29 in his investment account, what effective interest rate would he need to earn…

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Q: Find what simple interest rate will be necessary for Sonny to get a 40% return on a $500 investment…

A:

Q: Suppose you see a car with a price of $12,000 that is advertised at $300 per month for 5 years. What…

A: Given: Price of the car=$12000, Payment=$300 per month, time=5 years.

Q: An investment pays a dividend of $250/year continuously forever. If the interest rate is 7%, what is…

A:

Q: A sum of money invested now at 10 percent compounded quarterly is to provide payments of $ 1000…

A: Given: Present value every 3 months = $ 1000 present value in a year = 1000 x 4 = $ 4000 Time = t=…

Q: An artist currently has $840,000 to invest and her goal is to use these resources to acquire a $1.5…

A: From the given information, it is observed that P = $840,000, t = 6 and A = $1,500,000. Here, the…

Q: John requires $3000 in 6 months to pay off a loan that has no prepayment privileges. If he has the…

A: Given : John requires $3000 in 6 months to pay off a loan that has no prepayment privileges. So,…

Q: fter reading this chapter, it isn't surprising that you're becoming an investment wizard. With your…

A:

Q: Joelle can purchase the exclusive rights to a licensed product for 5 years for $125,000. Expected…

A:

Q: a wants to have $200,000 to buy a smaller retirement home in 20 years. If they can earn 4.5%…

A: To calculate the amount that Mika should deposit in his account now to have $200,000 in 20 years.…

Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

A:

Q: student invests $2500 of their wages from their part-time job. They want it to grow to $6000 for a…

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