You are saving to buy a car which in 2022 costs $30,000. You intend to make 36 equal consecutive payments to an account starting one month from now. The interest rate is .5% per month, compounded monthly. If the inflation rate is 4% per year compounded annually, how much in actual dollars should the periodic payments be.

Q: You were just informed of the interest rate on your student loan. It is stated as 0.7% per quarter.…

A: The interest rate calculated without taking inflation into account is referred to as the nominal…

Q: Aquatech Microsystems spent $183,000 for a communications protocol to achieve interoperability among…

A: The nominal interest rate or money interest rate can be any given or declared rate of interest. The…

Q: inflation rate

A: The inflation rate refers to the share exchange within the trendy fee degree of goods and offerings…

Q: A multinational security software company is planning an overseas expansion that will cost $53…

A: Given Information: The cost required for the expansion= $53 million Expected increase in cost= 11%…

Q: Robinson Co. is interested in purchasing a new delivery vehicle so it can become a subcontractor…

A: It is applied to series of cash flows happening at various times and represent  time worth of…

Q: Suppose an amount of P300,045 is invested in 19 years at 7.37% per year. How much is the earning of…

A:

Q: You and your sister went shopping today for jeans. The pair she bought cost $49.95 and it is…

A: The annual inflation rate measures the percentage changes in the average price level of a bundle of…

Q: A multinational security software company is planning an overseas expansion that will cost $47…

A: Introduction A global security software business has planned a global expansion that will cost $47…

Q: If the rate of inflation is 3.9% per year number of years from today. p(t)=800(1.039)^(t)

A: Inflation is the rise in the price of goods and services in the market. Inflation can be measured by…

Q: A top-of-the-line 3D printer costs $40,000 today. The manufacturer plans to raise the price so that…

A: The cost of the machine (CM) is $40,000. Rate of return (i) is 5%, inflation is 4%. Then the time…

Q: The company you work for signed a contract with a security firm to control access to company grounds…

A: The contract value (CV) is $140,000. The inflation rate is (f) is 3% for the first 3 years, and (f1)…

Q: Krystyna has a long-term consulting contract with an insurance company that guarantees her $24,000…

A: We can calculate the present value of the contract by using the nominal MARR. Nominal MARR can be…

Q: An automobile that cost $24,500 in 2018 had an equivalent model 4 years later that cost $29,250. If…

A: Given that,   P = 24,500 F = 29,250 t = 4 years

Q: or how long would P1,000,000 have to be invested at 5% simple interest for it to double its value?…

A: Simple interest is a quick and simple way to figure out how much money you owe on a loan. The…

Q: Inflation has been 2% per year in the last couple of years. At the same time, the price of paella…

A: The objective of the question is to calculate the present value of selling 1000 paella pans annually…

Q: Canada's government savings bonds pay 2.5% annual real rate of return compounded daily. Professor…

A: Annual real rate of return on savings bond= 2.5 percent compounded daily.Amount of money invested by…

Q: The new CEO of a high-tech incubator company wants to entice venture capitalists by promising a…

A:

Q: Q1: (c) Your current salary is $60,000/year, your salary is increased every Year by 5% per year, and…

A: Inflation is the gradual increase in the price level over a certain time period. Inflation tends to…

Q: The future amount of $100,000 for a period of 8 years is equal to $396,763, considering money is…

A: In economics, present value refers to the current value of a future stream of cash flow. Future…

Q: EN INTEREST RATE DESIRED INTEREST RATE 6% per week % per quarter % Per month Nominal rate per 6…

A: *Answer:   *a year = 52 weeks , hence nominal rate per 6 months = ( 0.186 * 52 ) / 2= 3.64 %…

Q: Well-managed companies set aside money to pay for emergencies that inevitably arise in the course of…

A:

Q: A manufacturing company plans to replace an existing production line with a newer and more energy…

A: Annual Savings in year 1  = Energy Saved* Price of energy  = 200,000*0.1  = 20,000 Now value of…

Q: For many years, college cost (including tuition, fees, room, and board) increases have been higher…

A: Estimated total cost refers to the anticipated or predicted total cost of a specific expense or…

Q: A multinational security software company is planning an overseas expansion that will cost $43…

A: A multinational security software company has planned a global expansion that will cost $43 million…

Q: If P1,000 becomes P6,343 after 13 years when invested, what is the nominal interest rate

A: Given  Present value P=1000 Future value F= 6343 number of years =13 We have to calculate the…

Q: A very generous grandfather is planning to leave his only granddaughter well off when she reaches…

A: Inflation adjusted interest rate is calculated as: if=i+f+i(f) Where: i: real interest rate f:…

Q: How much will it cost to purchase a 15-year constant growth annuity paying $12,600 at the end of…

A: In this financial scenario, we will explore the cost associated with purchasing a 15-year constant…

Q: The uninflated present worth of Php 165,000.00 becomes Php 250,000 with 8% interest compounded…

A: The average inflation rate is the rate of growth in an economy's overall level of prices for goods…

Q: As an innovative way to pay for various software packages that your company sells, a high-tech…

A: Since the payment is made now in method 1, the present worth of the cost is $450,000. In method 2,…

Q: A contract will guarantee you $25,000 per year for the next 5 years. The inflation rate is expected…

A: here we calculate the present worth of contract which are as follow-

Q: A man decided to deposit a certain amount of money on his son's 10th birthday, which will be…

A: FV = 280,000 Bank pay interest rate = 5.5% Rate of inflation = 8.7% n = (25 - 10) = 15 Year Note:-…

Q: Johnson Thermal Products uses austenitic nickel-chromium alloys to manufacture resistance heating…

A: The rate at which prices rise in the economy is known as the inflation rate. Unemployment declines…

Q: If the CPI was 106 in 2013 and 116 in 2014, the inflation rate in 2014 was:

A: CPI refers to the Consumer Price Index. It is a statistical measure of determining variation in…

Q: The average price of gasoline in 2005 was $ 2.31 per gallon. In 1993, the average price was $1.07.…

A: Given data: Average price of gasoline in 2005 was $2.31 per gallon. Average price in 1993 was $1.07…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: Step 1: Determine the Future Value of Weekly InvestmentsIdentify the Investment Details:Weekly…