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If sales in 2003 were $180,000 and they grew to $300,000 by 2007 (a four-year period), the actual annual compound growth rate was:
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- 10 01:51:26 A small northern California consulting firm wants to start a recapitalization pool for replacement of network servers. If the company invests $6,000 at the end of year 1 but decreases the amount invested by 5% each year, how much will be in the account 5 years from now? Interest is earned at a rate of 8% per year. Five years from now, the account will have $At a growth (interest) rate of 8% annually, how long will it take for a sum to double? To triple? Select the year that is closest to the correct answer? Thank youu!!7. A trusted friend told you that a cash flow sequence that started at $3000 in year 1 and increased by $2000 each year would be worth $15,000 in 12 years at a rate of return of 10% per year. Is she correct?
- An electronic device is available that will reduce this year’s labor cost by$16901.The equipment is expected to last for eight years. If labor cost increase at an average rate of 7% per year at interest rate is 12% compounded bimonthly. What is the maximum amount that we could justify spending for the device? Note: use interest rate with five decimal places.XYZ rapid prototyping (RP) software costs $29,000 and lasts one year, and will be expensed (i.e., written off in one year, and treated as an end- of-year cash flow). The cost of the upgrades will increase 11% per year beginning in the second year (again, using end-of-year cash flows). How much can be spent now for an RP software upgrade agreement that lasts three years and must be depreciated with the SL method to zero over three years? MARR is 20% per year (im), and the effective income tax rate (t) is 22%.Your grandmother deposited $10,000 in an investment account on the day you were born to help pay the tuition when you go to college. If the account was worth $50,000 seventeen years after she made the deposit, what was the rate of return on the account?
- When you take your first job, you decide to start saving right away for yourretirement. You put $ 5,000 per year into the company’s 401(k) plan, whichaverages 8% interest per year. Five years later, you move to another job andstart a new 401(k) plan. You never get around to merging the funds in the twoplans. If the first plan continued to earn interest at the rate of 8% per year for 35 years after you stopped making contributions, how much is the account worth?Determine the exact simple interest on ₱1,000,000 invested for the period from October 24, 1997 to January 7, 2002; if the rate of interest is 14%.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
- You have a strict linear gradient series, with the amount of +537 Euros that is starting with the first cash flow in the gradient in the second year and continuing on until year seven. There is also a single cash flow of +815 Euros at the end of the first year. Your interest rate is 9.5% per year compounded semiannually. What is the Annual Equivalent Worth of that series of cash flows (over seven years and given in Euros)?How much interest is payable each year on a loan of $2,000 if the interest rate is 10% per year when half of the loan principal will be repaid as a lump sum at the end of four years and the other half will be repaid in one lump-sum amount at the end of eight years? How much interest will be paid over the eight-year period?An electronic device is available that will reduce this year’s labor cost by$16901.The equipment is expected to last for eight years. If labor cost increase at an average rate of 7% per year at interest rate is 12% compounded bimonthly. What is the maximum amount that we could justify spending for the device? Note: use formula and an interest rate with five decimal places.