Suppose you are interested in an investment that will pay yo…

Suppose you are interested in an investment that will pay you $5,000 in 6 years. Similar investments are offering a return of 8% per year (opportunity cost). a.  What would you be willing to pay for the investment?  Show your work. b.  Would you buy the investment if the market price is $3,500?  

A student adds 0.1 mol of oxalic acid and 0.1 mol of sodium…

A student adds 0.1 mol of oxalic acid and 0.1 mol of sodium dihydrogen phosphate to enough water to make 1.0 L of solution. The following equilibrium is established with the concentrations of the products greater than the concentrations of the reactants. Which of the statements about the equilibrium system is correct? H2C2O4(aq) + H2PO4(aq)  HC2O4(aq) + H3PO4(aq)  

Joey owes $5,000 on a credit card.  The credit card charges…

Joey owes $5,000 on a credit card.  The credit card charges 14% per year (compounded monthly).  If Joey pays $100 per month on the credit card, how long will it take him to pay off the credit card?   Provide the answer from your calculator or excel rounded to two decimal places (do not round to a whole number).