Cincinnati Company has decided to put $30,000 every year for next 3 years, $25000 for year...

Cincinnati Company has decided to put $30,000 every year for next 3 years, $25000 for year 4, 5 and 6, and $40000 for year 7, 8, 9 and 10 in a pension fund. The fund will earn interest at the rate of 6% per year. Illustrate the timeline for the project and volume of money available in pension fund after 10 years.

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Annie receives an annuity of $45,000, payable once every 3 years for the next 21 years....

Annie receives an annuity of $45,000, payable once every 3 years for the next 21 years. The first payment occurs exactly 3 years from today. The required rate of return is 5%. Calculate the present value of this annuity. (Round to 2 decimals)

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if you have $20000 in your savings account this year and it increases to $25000 next year, to what amount does the marginal tax rate apply

if you have $20000 in your savings account this year and it increases to $25000 next...

if you have $20000 in your savings account this year and it increases to $25000 next year, to what amount does the marginal tax rate apply

The company you are working for has decided to put on a banquet to raise money...

The company you are working for has decided to put on a banquet to raise money for a charity and must decide between two catering services to supply the food and servers. You have been assigned to the Banquet Planning Committee. Simplify completely. Research Provided The company's research department has provided the following estimates. • A demand of 230 banquet attendees can be expected at a dinner plate price of $80.00 each. A demand of 370 banquet attendees can be...

Clear Water Company has a down-hole well auger that was purchased 3 years ago for $30,000....

Clear Water Company has a down-hole well auger that was purchased 3 years ago for $30,000. O&M costs are $13,000 per year. Alternative A is to keep the existing auger. It has a current market value of $12,000 and it will have a $0 salvage value after 7 more years. Alternative B is to buy a new auger that will cost $54,000 and will have a $14,000 salvage value after 7 years. O&M costs are $6,000 for the new auger....

Suppose you have decided to put $200 at the beginning of every month in a savings...

Suppose you have decided to put $200 at the beginning of every month in a savings account that credits interest at the annual rate of 6%, but compounds it monthly. Find the amount in this account after 30 years.

You will recieve a 20-year annuity of $2,750 every month for the next 20 years (the...

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A company must repay the bank a single payment of $30,000 cash in 3 years for...

A company must repay the bank a single payment of $30,000 cash in 3 years for a loan it entered into. The loan is at 10% interest compounded annually. The present value factor for 3 years at 10% is 0.7513. The present value of the loan (rounded) is: Multiple Choice -$27,000. -$22,539. -$39,000. -$30,000. -$21,000.

Aliza Ahora has decided to invest $1000 at the end of each year for the next...

Aliza Ahora has decided to invest $1000 at the end of each year for the next 10 years, after which she will allow it to compound at 8% for an additional 30 years. Manuel Mañana won’t save anything for 5 years, but will then invest $1000 annually for 35 years at 8%. What will the two portfolios look like in 40 years?

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Cincinnati Company has decided to put $30,000 every year for next 3 years, $25000 for year...

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Annie receives an annuity of $45,000, payable once every 3 years for the next 21 years....

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