LO 4 45. Calculating Annuities Due Interest Rates. You have arranged for a loan on your new car that will require the first payment today. The loan is for $24,500, and the monthly payments are $465. If the loan will be paid off over the next 60 months, what is the APR of the loan? $13.500 m

To develop Olympic hopefuls, a municipality will construct a dual-purpose facility: a refrigerated parking garage that can also be used as a ski tunnel for training skiers. Estimates for two proposals are given below. The municipality uses an annual interest rate of 10%. Project Life Initial Investment Present Worth of Benefits Present Worth of O&M Costs Benefit-Cost ratio (10%) Proposal 1 50 years $10,000,000 $21,812,592 $1,982,963 ? Proposal 2 50 years $15,000,000 $32,223,147 $3,965,926 1.70 a. What is the Benefit-Cost ratio for "Proposal 1?" [Select] b. Based on a Benefit-Cost analysis, which proposal should be selected? [ Select] 2

Determine the range of the following set of values. 48 42 55 28 112 79 95 27 36 14 96 193 191

Data: So 101; X= 114; 1+r= 1.12. The two possibilities for sr are 143 and 85.