The amount in year 1 is $

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

Kellman Jerkirer Inc. has a December 31 year-end. The local municipality billed the entire 2022 property taxes of $20,000 on April 1, 2022. Kellman paid $4,000 of the 2022 property taxes on May 31, 2022. Required: Calculate the balance of the property tax payable or prepaid property tax account as at May 31, 2022.$fill in the blank 1

Find Simple Interest, A sum of $78000, is invested from March 13 until Dec 20 of the same year at 14.25% simple interest.  using any two methods of computing Simple Interest: