Revenue from the sale of ergonomic hand tools was P300,000 in years 1 through 4 and P465,000in years 5 through 9. Determine the equivalent annual revenue in years 1 through 9 at an interestrate of 10% per year.a. P437181O b. P473181Oc. P347181O d. P374181

Sales; Year 1-4 = P300,000 Year 5-9 = P465,000 Interest rate = 0.10 Period = 9 years Present value…

Answered: Revenue from the sale of ergonomic hand…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Similar questions

Far East Imports Inc. owes $64 000.00 to be repaid by monthly payments of $2475.00. Interest is 6.12% compounded monthly. What is the outstanding principal amount at the end of year 2? Group of answer choices 50300.5449080.1059691.8455312.87
A series of year and payments extending over eight years are as follows: First Year : P11,085 Second Year: P23,819 Third Year: P30,911 Fourth-Eight Year: P40,000 Assuming money is worth 12.15% Compounded annually. Determine the ff: a.) Present Value of all payments. (Answer: 108,138.03) b.) Equivalent semi-annual payments. (Answer: 10,627.783) Note: Show the step by step solution. Don't use excel.
A condominium unit is being amortized with a quarterly payment of P56,000 for 5 years at 3% compounded quarterly. The owner's outstanding balance is P2,000,000. If an amortization schedule will be created, how many terms will there be? a. 4 b. 5 c. 12 d. 15 e. 20
What is the FV of $1,000 in 15 years if it earns an annual rate of 9.5% monthly compounded? O $4,375.19 O $4.177.17 $4,134.59 O $4,089.17
$1000 is invested in an account for six months. The interest rate is 10 % per annum. Calculate the value of the account after six month using simple interest method. a. b. c. d. $105. $50 $1500 $1050 $115
a man brought equipment worth P124,587 payable in 15 quarterly payments, each installment payable at the beginning of each period. if the rate of interest of 20.214% is compounded monthly, how much does he need to pay quarterly? a. 16,875.668 b. 8,152.987 c. 11,523.894 d. 14,587.648
What amount will be received after 18 months if P15 000 is invested at 4% compounded semi annually? (А) Р30598.31 в) Р30742.95 (c) P15924.38 P15918.12
Given Principal $21, 000, Interest Rate 11%, Time 240 days (use ordinary interest) On 100th day, $8,000 On 180th day, $4,500 Partial payments: a. Use the U.S. Rule to solve for total interest cost. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.) Total interest cost %24 b. Use the U.S. Rule to solve for balances. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.) On 100th day On 180th day Balance after the payment 2$ 24 c. Use the U.S. Rule to solve for final payment. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.) Final payment %24 5 of 14 Next > < Prev
Maintenance costs on a piece of equipment begin at $1000 in period 1 and increase by $250 each year over its 5-year life. If the interest rate is 8%, how much money should be put aside now to pay these maintenance costs?
For equipment upgrades, a business borrowed $500,000 at 8% compounded semiannually for 6 years. What are the semiannual payments (in dollars)?
Givens, Hong, and Partners obtained a $8,100 term loan at 9.6% compounded annually for new boardroom furniture. Prepare a complete amortization schedule in which the loan is repaid by equal semiannual payments over three years. (Round your answers to the nearest cent. Do not round the intermediate calculations.) Payment Interest number Payment $ portion $ 0 DLN3 456 1 2 1624.80 1624.80 1624.80 1624.80 1624.80 1624.80 Principal portion $ Principal balance $ 8,100.00
5- An equipment requires maintenance every year, at the end of each year, for 8 years. The 1st year maintenance cost is $1000.00, and every year it increases by $100.00. If the interest rate is 8%, what is the present worth of all the maintenance costs? a) $5747.00 b) $7527.60 c) $1780.60 d) $9600.00

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

Revenue from the sale of ergonomic hand tools was P300,000 in years 1 through 4 and P465,000 in years 5 through 9. Determine the equivalent annual revenue in years 1 through 9 at an interest rate of 10% per year. O a. P437181 O b. P473181 Ос. Р347181 O d. P374181