If labour savings are estimated to be $25000 per 6 months, how
much can INDE232 Company...
If labour savings are estimated to be $25000 per 6 months, how
much can INDE232 Company afford to spend to purchase one, if the
company uses a MARR of 1% per month and wants to recover its
investment in 4-1/2 (4 and a half) years?
If labour savings are estimated to be $25000 per 6 months, how
much can INDE232 Company afford to spend to purchase one, if the
company uses a MARR of 1% per month and wants to recover its
investment in 1-1/2 (1 and a half) years?
You have decided that you can save $5000 per year. The rate is
6%. How much will you have accumulated after 10 years? B. You put
$210000 in an account earning 10%. How long until it grows to
$1000000??
The probability that house sales will increase in the next 6
months is estimated to be 0.25. The probability that the interest
rates on housing loans will go up in the same period is estimated
to be 0.74. The probability that house sales or interest rates will
go up during the next 6 months is estimated to be 0.89. 1) The
probability that house sales will increase but interest rates will
not is 2) The events increase in house sales...
Jacobs Company borrowed 100,000 at 8 percent interest for three months. How much interest does the company owe at the end of three months?
a. $8,000
b. $2,000
c. $800
d. $200
If a savings account pays 6% p.a. interest rate, how much money
do you need to deposit to accumulate $72,566 in 9 years? Note that
the bank will compound interest monthly.
$1,000 was borrowed 3 months ago at 1% per month. Calculate how
much will be owed at the end of next month.
A.) Write a shorthand formula then calculate the value that is
owed at the end of next month.
Suppose you save $1,000 per month for 35 years. The bank
promises you an annual interest rate of 3% compounded monthly. How
much will the savings account be worth in 35 years? (Assume no
withdrawals take place).
You put $500 per month in the bank today earning 6% per year.
How much will be in the account in 5 years if the interest
compounds annually? What if it compounds monthly?
given the following infirnation, calculate how much house you can
afford.
annuak income is 70000, savings is 22500 for downpayment and
closing, estimated property tax abd insurance are 150, 28% monthly
mortgage pmt affordibioty ratio to lend at avg rate of 6% on 30
years with 10% minimum downpayment. other debt is 400 a month
is
there enough left for closing costs