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PW method and the annual worth method will always give you t…

PW method and the annual worth method will always give you the same conclusion of selecting the best project to implement, even though the life of each project may be different

Published March 2, 2021
Categorized as Uncategorized

Find the final F value from P=1500 if the i% keeps changing…

Find the final F value from P=1500 if the i% keeps changing in the next 15 years as following: 5% for the first 4 years, 8% for the next 5 years and 10% for the last 6 years.

Published March 2, 2021
Categorized as Uncategorized

What is the future value of a $15,000 investment today if fo…

What is the future value of a $15,000 investment today if for the next 4 years the interest rate is assumed to be 5%? Use interest table.

Published March 2, 2021
Categorized as Uncategorized

What equal amount (Q) must be deposited at the beginning of…

What equal amount (Q) must be deposited at the beginning of each year for the next 5 years in a saving account with 10% interest in order to get a future sum of $1000 at the end of year 6.  The Value of Q is most nearly:

Published March 2, 2021
Categorized as Uncategorized

You borrowed $5000 with 10% simple interest per year, then t…

You borrowed $5000 with 10% simple interest per year, then the total repayment will be =$6050 by the end of 2 years.

Published March 2, 2021
Categorized as Uncategorized

F=2000, n=3 years and i=12% compounded monthly. P is most ne…

F=2000, n=3 years and i=12% compounded monthly. P is most nearly:

Published March 2, 2021
Categorized as Uncategorized

You are paying 2% per month for the unpaid balance. Therefor…

You are paying 2% per month for the unpaid balance. Therefore, the effective rate of interest/year that you are paying now is:

Published March 2, 2021
Categorized as Uncategorized

The first-year maintenance cost for a new car is estimated t…

The first-year maintenance cost for a new car is estimated to be $100, and it increases at a uniform rate of 10% per year. Using an 8% interest rate, calculate PW of the cost of the first 5 years of maintenance

Published March 2, 2021
Categorized as Uncategorized

$7520 is equivalent to $8250, 2 years later if i=8% compound…

$7520 is equivalent to $8250, 2 years later if i=8% compounded semi-annually.

Published March 2, 2021
Categorized as Uncategorized

Purchasing power of money depends upon the rate of interest…

Purchasing power of money depends upon the rate of interest and time period

Published March 2, 2021
Categorized as Uncategorized

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