3. The generator set requires no maintenance until the end of 2 years when 60,000 will be needed for repairs. After this, 90,000 will be needed for repairs at the end of each year for 5 years, then 120,000 at the end of each year for the next 5 years. If money is worth 14% compounded annually, what was the equivalent uniform annual cost for the 12 year period? (Show solution) a. 97, 246 b. 79, 246 c. 72, 946 d. 67, 246

3. The generator set requires no maintenance until the end of 2 years when 60,000 will be needed for repairs. After this, 90,000 will be needed for repairs at the end of each year for 5 years, then 120,000 at the end of each year for the next 5 years. If money is worth 14% compounded annually, what was the equivalent uniform annual cost for the 12 year period? (Show solution) a. 97, 246 b. 79, 246 c. 72, 946 d. 67, 246

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

3
1. If you desire to withdraw the following amount in the sechedule below from the savings account which earns a 7% interest compounded annually, how much do you need to deposit now? Use equation of value with focal point at point 2. Withdrawal (PhP) End of Period Amount of deposit (PhP) P. 1 32,000 33,000 36,000 38,000 4 Convert 12% compounded semi-annually to "T compounded quarterly. P4000 is borrowed for 75 days at 16% per annum ordinary simple interest. How much will be due at the end of 75 days?
Ramoncito deposited P15,000.00 today and he deposited the same equal amount each month for the next 9 months. Interest is 7% compounded monthly. a. How much is the value of these 10 equal deposits after 9 months from today? b. If Ramoncito failed to pay the last two monthly payments (8th and 9th), how much should he pay the bank a single amount of 14th month? show formula used and systematic solution
If you borrow $14000 now at 10% interest for 7 years, what is the total accumulated compound interest owed at the end of year 7?
follow instructions. dont forget to do the diagram
Round your answer in 2nd decimal point
9. A loan of $10000.00 taken out 6 months ago is to be repaid by 3 equal installments due now, 1 years from now, and 1.5 years from now respectively. What is the size of the equal installments if interest on the debt is 6% p.a. compounded monthly? I
) You borrowed $5,000.00 at 2% per month and agreed to repay in equal monthly payments over the next 2 years. What is your monthly payment?
Ten years ago, you deposited P5400 per month. You made the deposit for 6 years and then stopped. 4 years later, you established a belts and nuts factory, and start withdrawing P2,300 every month for advertisement. Money is worth 6% compounded monthly. How many months can you withdraw before the money is exhausted? What is the present worth of the withdrawal?
An increase in the interest rate could have been caused by a. a fall in the price level causing the money-demand curve to shift rightward. b. a rise in the price level causing the money-demand curve to shift rightward. c. a fall in the price level causing the money-demand curve to shift leftward. d. a rise in the price level causing the money-demand curve to shift leftward.
Ramoncito deposited P15,000.00 today and he deposited the same equal amount each month for the next 9 months. Interest is 7% compounded monthly. a. How much is the value of these 10 equal deposits after 9 months from today? b. If Ramoncito failed to pay the last two monthly payments (8th and 9th), how much should he pay the bank a single amount of 14th month? using this fomulas given
18.d