1. Compute the present worth at time zero of deposits of $1,000 a year for 10 years with nominal interest of 18.23% for: a) End-of-year deposits and continuous interest. b) Continuous-through-the-year deposits and continuous interest.

Q: A rental company spent $2500 on a new air compressor 7 years ago. The annual rental income from the…

A: This question pertains to capital budgeting/ investment appraisal within the field of economics.A…

Q: Bill's mortgage balance is $70,000 with a 7% annual interest rate. His monthly payment is $465. What…

A: Given that; Mortgage balance =$70,000 Annual interest rate = 7% Monthly payment = $465 Monthly…

Q: If you deposit $2,042 today in a savings account that pays 8% interest annually, how much would you…

A: Given: Principal (P) = $2042 Interest rate (R) = 8% annually Time (T) = 5 years

Q: hance You miss the 11th to 13th payments of a loan. The loan payments are $519.27 each month and the…

A: The interest that is calculated using both the principal and the interest that has accrued during…

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: You purchase a car today using a loan of $19000o APR 6%. plan is to pay during 5 years with equal…

A:

Q: How much will a bank deposit of $2,000 that pays 10% compound interest be worth at the end of 3…

A: Compounding interest is a type of interest calculation where the interest earned on a principal…

Q: Find the future value and total interest of the annuity. ​(Round to the nearest cent as​ needed.)…

A: The measure that determines the value of the asset currently at a date in the future based on its…

Q: How much must be invested now at 6% simple interest to accumulate $1,000 at the end of 5 years?…

A: Information extracted in the question: Simple interest = 6% Future value = $1000 Time = 5 years

Q: Write  the formula which is used to calculate the annual effective yield?

A: Effective yield refers to the return on a bond for which interest payments are reinvested by the…

Q: What is the total cost of interest?

A: Total cost of interest = (monthly MorTgage Payment x Year x 12) -(Loan Amount ) Monthly Mortgage…

Q: You can afford $200 per month car payment. You've found 3 years loan at 2.2% annual interest rate,…

A: The annual interest rate can be expressed as a simple interest rate or a compound interest rate,…

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

A: To determine the internal rate of return (IRR) for Arc-bot Technologies' cash flows in the shipping…

Q: You bought an antique car three years ago for $500 000. Today it is worth $650 000.(a) What annual…

A: Time (t =) 3 years;    Principle (P) = $500,000   Worth after 3 youlf x= $ 150,000

Q: You purchased a car using some cash and borrowing $19,000 (the present value) for 53 months at 12%…

A: Present value of the car=$19000Time=53 monthInterest rate=12% pa

Q: In a mortgage/trust deed form of loan the terms of payment and interest rate would be found on the…

A: Trust Deed is the agreement signed when one person or party wants to purchase a property then for…

Q: A loan is repaid by making payments of $5000.00 at the end of every six months for fourteen years.…

A: Periodic payment (A) = $5000.00Length of each period = 6 months or half a year.Nominal rate of…

Q: To find the balance in the account at the end of the calendar year, we calculate the effective…

A: The cash Flow Diagram is given below

Q: Fir a $5,000 loan repayment over 2 years at 12%. Find the monthly payment

A: Introduction: The loan amount is $5000 which has to repay in 2 years by making monthly payments.…

Q: You want to borrow $1500 at 8% and you are willing to pay $210 in simple interest.How long can you…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: Which of the following is a cash outflow? Current year…

A: Cash inflow means that the money going into an entity which could be from investments, sales, or…