Annual maintenance costs for a machine are ₱25,000 for six years. Interest rate is 6%. If maintenance cost is ₱25,000 this year and are estimated to increase ₱3,000 every year, what is the present worth of all the maintenance cost?

Q: What will be the amount due on February 10, 2022, if the present value on July 17, 2021 is ₱10,100…

A: Simple interest refers to a method of calculating the percentage of interest paid on an amount over…

Q: Mr. Cruz plans to deposit for the education of his 5 year old son, Php 5,000 at the end of each…

A: This are the breakdown:Identify the variables:Monthly deposit (PMT) = Php 5,000Number of months (n)…

Q: 2. What is the future equivalent of Php400000 invested at 3% simple interest per year for 514 years?

A: Introduction Principal amount = php 400000 Interest rate = 3% = 3/100 = 0.03 Time period = 514 =…

Q: - Consider a series of cash flows that begins with $1000 received at the end of year 7. At the end…

A: The pattern of increasing cash flow refers to a series of cash flows in which the amount of cash…

Q: The present value of a sum of money is the amount that must be invested now, at a given rate of…

A: P = F(1+rn)ntwhere P is present worth F is Future worth n is compounding period t is time period  In…

Q: Suppose you had  ₱100 in a savings account and the interest rate is 20% per year and you never…

A: Here, given information is, Present value (P): ₱100 Interest rate (r): 20% per year Time period…

Q: A man borrowed some money from a private at 5 % simple interest per annum. He landed this money to…

A: We use the following formulas to solve for the Simple Interest: Simple Interest = Principal X Time X…

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A: Cash flow is the net balance of money coming into and going out of a firm at a particular moment in…

Q: How much money should be deposited each year for 10 years starting 1 year from today, if you wish to…

A: Here we are given the cash flow. And using the formulas mentioned below of annuity and present value…

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A: The minimum payment is the smallest amount of money that you have to pay each month to keep your…

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A: We have given that  Total simple interest after 5 years =10,000 Deposited amount or principal amount…

Q: uppose that you start a savings plan by depositing Php. 1,350 at the beginning of every year into an…

A: Given: Deposit=Php 1350 Interest rate=9% Time=4 years To find:  accumulated after four years

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A: Answer in step 2

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A: Simple interest is the money that is paid on principal. Principal refers to the money that is…

Q: A man made a loan of $100 to be repaid with $105 at the end of one month. What was the annual…

A: Simple interest refers to the interest which is charged upon a loan. This is the most simplest…

Q: A) A manufacturer has a monthly fixed cost RM100 000 and a production cost of RM14 for each unit…

A: ***Since the student has posted multiple unrelated questions, so the expert is required to solve…

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Q: A person invested ¥10,406.8 when his son was 7 years old, ¥17,627.21 when he turned 8, and ¥18,860.3…

A: Given, Initial investment = 10,406.8 After 7 years = 17,627.21 After 8 years = 18,860.3

Q: Assume that 100 Apples cost 100 Liras Today. You have Invested your 500 TL with 1,5% monthly rate of…

A: Future value = present value*(1 + rate of interest)^number of years

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A: To solve the problem, we need to use the formula for simple interest and compound interest. Simple…

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

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A: Cash flow:The sum of the total money is represented in the diagram. It represents the magnitude and…

Q: interest rate,

A: ‘Borrowings’ are the done, in which one party take some money from other in respect of ‘interest…

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A:

Q: starting with

A: Given : Future Value=$2.10 billion or $2100 million Uniform increase in amounts of money each…

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A: When referring to interest compounding, which is calculated twice per month, the term "compounded…

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A: In economics, present value refers to the current value of a future stream of cash flow. Future…

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

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A: An interest rate is the amount of interest due per period, as a proportion of the amount lent,…

Q: A passenger car passing one toll road segment at Stoneway 6 of Bellaire City needed to pay $1.30 in…

A: Annual rate of fee increase =fee in 2021-fee in 2015/fee in 2015*100 =2.50-1.30/1.30*100…

Q: An electronic device is available that will reduce this year's labor cost by$13232.The equipment is…

A: The maximum amount we could justify spending for the device is the present value of the labor cost…

Q: If the chocobutternut donut has a cost of P 12.00 ten (10) years ago, how much would it cost in a…

A: Given, P= 12 N= 10 R= 4%

Q: An electronic device is available that will reduce this year's labor cost by $13232.The equipment is…

A: Net present value (NPV) will be computed as a difference among present value of cash inflows and the…

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A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Erwin is 27 years old and he saw a bank offering a time deposit plan with 6% interest. He does not…

A:

Q: You are to pay a bill in Meralco every month for 5 years. The accumulated amount of the payment you…

A: An investor's total amount, including the money invested and the interest generated to date, is the…

Q: A man borrowed some money from a private at 5 % simple interest per annum. He landed this money to…

A: The simple interest refers to an interest paid over a defined period is a fixed percentage of the…

Q: the future worth of a ten year geometric gradient series of cash flow is $75,000. if the interest…

A: In economics, the notion of present worth has significance due to the fact that it assists in…