The total maintenance expense of a certain machine is 15,845 and can be disbursed by paying 3,458 at the end of 4 years and increases by an amount of "x" every year thereafter for 4 years. The interest rate is 9.665% compounded annually.

Q: How much annual income would need to be generated over a 5 year period, to be equivalent to $4,000…

A: Calculate the annual income over a period of 5 years as follows:MS-Excel --> Formulas -->…

Q: Welmer bought an equipment costing P125,000 payable in 12 quarterly payments. Each installment is…

A: Cost of Equipment P1,25,000 Rate of Interest (14% / 4) 3.50% Period 12

Q: Suppose you paid 5900 pesos as a down payment on a MIO SPORTY motorcycle. The remaining balance is…

A: Answer: Calculation of the future value: Step 1: Calculation of the future value of 5900 pesos:…

Q: . dA car costing P1.2M is to be paid off by monthly payments over five years at a 10% annual…

A:

Q: How much must be deposited at the beginning of each year in an account that pays 3% compounded…

A: Time value tells that amount received today is of more value than that of receiving the exact value…

Q: A house costs 136000. It is to be paid off in exactly ten years with monthly payments of 1678.94.…

A: Cost of the house  = 136000Monthly payment  (PMT) = 1678.94Number of years  = 10 Number of periods =…

Q: Deposit of ₱1,000 is made at the end of the first year and increases by ₱ 500 for the next following…

A: Present value is the present worth of any sum of money to be received in the future at a specified…

Q: A house costs $141,000. It is to be paid off in exactly ten​ years, with monthly payments of…

A: An amount of annual percentage which is charged from borrowers of the loan and paid to the…

Q: The annual maintenance cost of a generator is P1000 after 1 year and it is estimated to increase 10%…

A: Discounting is a technique which is used to compute the present value (PV) of future amount by…

Q: An investment of $4838.57 earns interest at 4.9% per annum compounded annually for 2 years. At that…

A: Future value can be calculated usingFV (rate, nper, pmt, [Pv], [type])Rate The interest rateNper…

Q: An apartment unit in a rural area that sells for P1,800,000 can be purchased under terms requiring…

A: Price of  apartment (PV) = P1,800,000 Number of monthly payments (n) = 200 Interest rate = 12%…

Q: The present value of an annuity is 16,950. Quarterly payments of 369 are made from 16,950 that is…

A: Present value of annuity (PV) = 16950 Quarterly payment (C) = 369 Annual interest rate = 4%…

Q: P2000 is invested in a high interest account for one and half (1 1/2) years . the interest rate is…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: Consider a loan of $98,000 at 7% compounded annually, with 12 annual payments. Find the following.…

A: Loan amortization can be defined as the procedure of amortizing the loan in such a way that the loan…

Q: A sum of 45000 invested will provide payments of 500 each at the end of every 2 months for 7 years…

A: Compound interest is interest on interest.  In case of compound interest…

Q: Deposit of ₱1,000 is made at the end of the first year and increases by ₱ 500 for the next following…

A: So in the question asked, We will first list down the important details provided 1) Deposit Amount =…

Q: what is the equivalent annual cost of the maintenance?

A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…

Q: A loan of P12, 500 is to be repaid with equal quarterly payments for one year with an interest of 6%…

A: Amortization table is a schedule which shows periodic lease or loan payments. The periodic payment…

Q: An air conditioner costing 14,760 depreciates to 600 at the end of 11 years. If interest on the book…

A: Solution Given Cost of AC (PV) 14760 Residual value (FV) 600 Number of years 11…

Q: An account pays 4 percent interest (yearly effective). 10,000 dollars is deposited into that account…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: The annual maintenance cost of a generator is P834 after 1 year and it is estimated to increase by…

A: Annual Maintenance Cost = 834 End of period cost structure Increase in annual maintenance costs =…

Q: How much was initially invested if the value of the investment is at P200,000 after 3 and a half…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: Shinhwa Company bought a machine costing P150,000 if paid in cash. The machine may be purchased by…

A: The parodic payment can be defined as the payment made at regular intervals that can be annual,…

Q: A building is priced at $250,000. If a down payment of $25,000 is made and a payment of $5000 every…

A: The time value of money (TVM) is a financial concept that recognizes the idea that a sum of money…

Q: A company wants to have $50,000 at the beginning of each 6-month period for the next 4+1/2 years. If…

A: Final amount = $50,000Time = 4.5 years Rate = 6.23% compounded semi-annually

Q: The maintenance on a machine is expected to be ₱8984 for the second year and an additional ₱1,750…

A: Annual cost for 6 years = 1,750 Total Cost for the second year = 10,734 (8,984 + 1,750) Interest…

Q: If $6000 is deposited at the end of each half year in an account that earns 6.5% compounded…

A: The value of money refers to the concept that the value of money changes over time due to various…

Q: What is the present value of annual payments of $2,000 for 12 years at 1 percent?

A: The present value (PV) is the current value of a future sum of money or cash flow, taking into…

Q: A house is expected to have a maintenance cost of $1000 the first year. It is believed that the…

A: The annual maintenance cost is an increasing annuity. Here we need to find the equivalent annual…

Q: An amount of P 1,384 is to be paid indefinitely at the rate of 4.71%. How much is the present worth?

A: The present value of the perpetual annuity is the current worth of a cash flow series…

Q: . A lump sum of $30,000 is invested at 6% compounded monthly for 15 years. For 15 years it then pays…

A: Present Value = $30,000 Interest Rate = 6% compounded Monthly Time Period = 15 Years

Q: Suppose that ​$290,000.00 is owed on a house. The monthly payment for principal and interest at 8.0%…

A: The amount paid by the borrower on the amount owed is regarded as interest rate.

Q: (a) How many payments are needed to repay the debt? (b) What is the size of the final payment?

A: First we need to determine the equivalent interest rate as the compounding rate and period are…

Q: The income stream b = (1000, 1500, 2500, 4000) consists of payments made at the end of the next four…

A: The present value is calculated by discounting the cash flows at an appropriate discount rate for a…

Q: What is the future value of 24 periodic payments of $4,660 each made at the beginning of each period…

A: Given: Particulars Amount Payment(PMT) $4,660 Periods(NPER) 24 Rate 8%

Q: The annual cost of a certain service is $42,000 at EOY 1 which decreases by 5.5% per year for a…

A: Annual Cost at end of year 1 = 42,000 Growth Rate = -5.5% Time Period (N) = 12 years Interest Rate =…

Q: a. Determine the equal payment series coumpound amount factor after 8 years b. Determine the total…

A: A stream of equal cash flows paid or received periodically is termed as annuity. Annuity is either…

Q: P1M if paid in cash. What is the amount of the building today for 12y the rate of 4.83% compounded…

A: Continuously compounded interest is interest calculated on both the initial principle and all…

Q: A house costs $139,000. It is to be paid off in exactly ten years, with monthly payments of…

A: House cost = $139,000Monthly payment = $1,599.62Number of years = 10 years