10: Anshul plans a trip to Goa and estimated that he requires Rs 25,000 for the same. He wants to amortize the balance at 12% annual interest rate compounded monthly for 3 years. What is the value of EMI to be paid? Take 1.01-36 = 0.7
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Take 1.01^-36=
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- solve this problem qn ??If you invest $15,000 today, how much will you have in (for further instructions on future value in Excel, see Appendix C): A. 20 years at 22% B. 12 years at 10% C. 5 years at 14% D. 2 years at 7%How much must be invested now to receive $50,000 for 8 years if the first $50,000 is received in one year and the rate is 10%?
- Michael had to make a payment of $2,750 in 10 months and $2,300 in 20 months, to a raw material supplier. What single payment in 4 months would settle both these payments? Assume a simple interest rate of 5.25% p.a. and use 4 months from now as the focal date. $0.00 Round to the nearest centI need the answer as soon as possibleCan you please help me
- How much should you deposit each month in order to save $20,000 in five years? The account you will use pays 5.75% APR compounded monthly. PMT= A divided by 1 plus APR divided by n to the factor of n times Y minus 1 divided by APR divided by n) or [(1+APR/N)^(nY)-1)/(APR/n)].Assume you plan to save to take a tour of Europe in 3 years. The current price of the tour, all expenses included, is $6,000. What is the expected purchase price in 3 years if the expected rate of inflation is 2.5% per year? Round the expected price up to the nearest one hundred. 1. a. The expected price of the tour in 3 years is S b. How much must be deposited today in an account that eams 4% annual interest after taxes, compounded quarterly? must be deposited today. How much must be saved each quarter in an account that eams 4% annual interest с. after taxes, compounded quarterly? must be deposited each quarter.45. Minutes. I already bought bartlet I hope u can help me to answer this activity of mine.1 Engineering Economic > ECONOMICS