ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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How long will it take P1,000 to amount to P1,1346 if invested at 6% compounded quarterly? (NOTE: solution does not require a diagram)
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- Q 6 pleasearrow_forwardYou invest $10,000 in a fund that pays 7% per year for 5 years. How much is in the fund at the end of 5 years if (forgetting leap years and making “convenient” assumptions): a. Compounding is annual? b. Compounding is quarterly? c. Compounding is monthly? d. Compounding is daily?arrow_forward3B. The following equation describes the conversion of a cash flow into an equivalent equal payment series with N=10: A= [800+20(A/G,6%,7)] * (P/A, 6%, 7) (A/P,6%,7) + [300(F/A, 6%, 3)-500] * (A/F, 6%, 10) Reconstruct the original cash flow diagram.arrow_forward
- How much invested now at 8% would be just sufficient to provide three payments, with the first payment in the amount of $9,000 occurring two years hence, then $6,000 five years hence, and finally $3,000 seven years hence? Click the icon to view the interest factors for discrete compounding when i = 8% per year. The invested amount should be $ (Round to the nearest dollar.)arrow_forwardDon’t use excel Use formula or factorarrow_forwarda debt of $6000 due in four years and $7000 due in five years is to be repaid by a single payment of $5500 now and two equal payments that are due each consecutive year from now. If the interest rate is 16% compounded annually, how much are each of the equal paymentsarrow_forward
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