Suppose the present value of a new medical equipment purchased in a hospital is $60,000. Consider the life of the equipment is 8 years and the discount rate is 5%. The hospital decided to pay in five equal yearly installments. How much does the hospital need to pay each year?

Emily and Joel Schumaker 1.Emily and Joel Schumaker are married clients who have just been approved for a twenty-year, $150,000 mortgage. They have been given a choice of two loans. One loan has an annual percentage rate (APR) of 8 percent and does not carry a fee, and the other has an APR of 7.5 percent but carries a discount fee of 2 percent of the initial loan amount. The fee for the second mortgage is payable in cash at loan inception and cannot be financed with the loan. From a present value cost perspective, which loan is the better deal, assuming (a) they sell their home immediately after making ten years’ worth of payments and (b) they require a 9 percent effective annual rate of return? Stated another way, which option has the lower cost? When conducting the analysis, assume all required payments are made at the end of each month and that interest is compounded monthly. Remember to consider the difference in loan payment, the difference in remaining balance at the time of…

Calculate the present value of an annuity with monthly deposits of $2,000 at 5% for 20 years. Discuss how the present value of an annuity will change if the deposit is doubled?

economic graphs for vouch insurance startup?