18. A machine depreciates by 40% in the first year, by 25% in the second year and by 10% per annum for the next three years, each percentage being calculated on the diminishing value. What is the average percentage of depreciation for the entire period ?

Q: You bought A&B Co. stock 16 years ago for $10.00 a share. Today it is worth $125.00 a share. What…

A:

Q: A total of $2,400 is invested into a bond that pays 4.5% interest, compounded monthly, maturing in 9…

A: Given that a total of $2400 into a bond that pays 4.5% interest, compounded monthly, maturing in 9…

Q: 1. How much interest is earned when an amount of 100,000Php is invested with annual interest rate of…

A: Let P amount is invested for t years with simple interest r%. Then total interest earned in t years=…

Q: What is the effective annual yield if a deposit of $1000 grows to $3300 in 12 years?

A: We know that the compound interest formula is  S=P1+rnnt where S is the amount after t years ,P is…

Q: 5. The Smiths bought a new house 4 years ago for $200,000. The house is now worth $275,000. Assuming…

A:

Q: 5. Compare the annual interest earned over a 5 year period on a $1000 investment at: a. 8% per year…

A:

Q: For an interest rate of 6% p.a. Determine the effective interest rate if it is compounded monthly.

A:

Q: Calculate the number of months for money to double at 2.4% per annum compounded monthly

A: Let the principal invested is P  It will become 2P  Therefore, using the formula A=P1+rnnt where t…

Q: . An investment of $2950 earns 6.50% interest per year. Calculate the value of the investment when…

A:

Q: A retired couple have a fixed income of $3500 per month. Assuming an annual infl ation rate of 7%,…

A:

Q: If a certain amount is invested at 8% compounded quarterly for 5 years and 6 months, what is the…

A: Given: Interest = 8% compounded quaterly Time = 5years and 6 months. We have to determine total…

Q: How many years if the computed total conversion periods is 51 when compounded quarterly?

A:

Q: 9. How much money should a company deposit in an account with a nominal rate of 7% compounded…

A: Topic= Algebra

Q: Suppose that a sum of money is invested at an annual interest rate of 4%. Determine the time, in…

A:

Q: 6. Company Coupon Rate Annoal Interat Company 5 8.25% 7. 1098 Offer Price Net Asset Value Sales…

A: Here , P= 103 dollar  T= 1 year R= 8.25%

Q: 13. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A: Principal : 50,000 Interest amount : 10,000 Rate = 4%=0.04

Q: Calculate the time needed on an investment of 600,000 to gained an interest of 84000of the interest…

A: The formula used is given below I = PRT100 where I is the interest , P is the principle , R is the…

Q: A survey indicates that 40% of the people who earn less than $12590 per year are homeowners. If a…

A:

Q: 1. The value of a car depreciates at a rate of 12% per year. If its original cost is $12,000.00,…

A:

Q: 1. Find the annual percentage yield for an investment that earns interest at a rate of 6% per year,…

A: Given query is to find annual percentage rate.

Q: 4. A sum of money is deposited in a bank at the rate of 10% per annum simple interest. In how many…

A: Simple Interest      A=P1+rt      rate of Interest=10%=10100=0.1       t=?      P=P:   A=2P:…

Q: 6. How many years will it take for $136,000 to grow to $468,000 if it is invested in an account with…

A: According to compound interest if the principle value P invested under r% compound interest per year…