An electronic device is available that will reduce this year's labor cost by $15284.The equipment is expected to last for eight years. If labor cost increase at an average rate of 7% per year at interest rate is 12% compounded bimonthly. What is the maximum amount that we could justify spending for the device? Note: Draw the cash flow diagram and use interest rate with five decimal places. Box your final answer and upload the picture of your solution. Round your answer to 2 decimal places.

Which of the following alternatives would you rather receive, assuming an interest rate of 8% per year, compounding annually?

8. Calculate the future equivalent at the end of 2012 at 8% per year, of the following series of cash flows in the figure: [Use a uniform gradient amount (G) in your solution] Years 2009 2010 2011 2012 $400 $600 $800 $1,000 F = ?

Typed and correct answer please. I will rate accordingly. Don't do wrong please.

Topic: Gradient Geometric Series An electronic device is available that will reduce this year’s labor cost by$12543.The equipment is expected to last for eight years. If labor cost increase at an average rate of 7% per year at interest rate is 12% compounded bimonthly. What is the maximum amount that we could justify spending for the device? Note:  Draw the cash flow diagram and use interest rate with five decimal places.

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Spectrum Cable has a special right now for $99 per month for new customers that includes TV/Internet/Phone. You must sign a 2 year contract. For the second year of the deal, there will be a 15% increase in the monthly cost. Right now, Cameron is paying: $60 for TV, $45 Internet, and $38 for Phone each month. Will he still save money in the second year; if so, how much money will he save each month? * Yes, he will save $120.45 monthly during the second year. No, he will not save money monthly during the second year. Yes, he will save $21.45 monthly during the second year. Yes, he will save $22.55 monthly during the second year.

☐ Your company plans to buy a new vehicle, with a loan payment of $400 per month for 60 months. You estimate that the cost of gas will be $50 in the first month and increase by 1% each month. What is the present equivalent of the loan and gas costs for the vehicle over the 60 months of the loan, assuming an interest rate of 8%? Typed numeric answer will be automatically saved.

Use the exact time to find the due date of a loan that is made on February10of aleap year and is due in 60 days.

follow instructions. don't forget to make the diagram