gold mine is projected to produce $15,000 each year during its first 4 years of operation, and then produce $20,000 each year in years 5 through 10.  If the effective annual interest rate is 6%,

A bank account pays 3% interest with monthly compounding. A series of deposits started with a deposit of $5000 on January 1, 2007. Deposits in the series were to occur each 6 months. Each deposit in the series is for $150 less than the one before it. The last deposit in the series will be due on July 1, 2021. What is the future worth of the account on July 1, 2024, if the balance was zero before the first deposit and no withdrawals are made?

A graduating highschool student decided to take a year off and work to save money for college. The student plans to invest all money earned in saving account earing 6% interest, compounded quarterly. The student hopes to have $5000 by the time school starts in 12 months. How much money will the student have to save each month?

4-11 The cash flows have a present value of 0. Compute the value of n, assuming a 10% interest rate. A = 2500 4 0-1-2-3-4-5-6————n n = ? F=61,307

1. The maintenance cost for a certain machine is $1,000 per year for the first 5 years and $2,000 per year for the next 5 years. At an interest rate (compounded) of 10% per year, the present worth of the maintenance is closest to: A. Less than $7,000 B. $7,450 C. $8,500 D. More than $9,000

A trader buys a $1600, 12% quarterly bond for $1800, the bond matures in 3 years and pays interest compounded quarterly, what is the rate of return on the bond compounded quarterly?

You owe P30,000 due at the end of 3 years without interest. After 2 years, you want to pay the loan, how much should your creditor be willing to accept at the least? Money is worth 8%. 5.

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PLZ PROVIDE ANSWER ASAP You are interested in replacing an industrial equipment to save labor cost. Labor savings are expected to be $30,000 per year over 10 years. The equipment costs $180,000. Should you buy this equipment if your interest rate is 12%?

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