ar made in Japan by Toyota Motors costs P2M today. If you buy now you can earn 12% tax free on an auto purchase account. If the cost of the car will increase by 10% per year, how much amount that you would need to deposit in the account to provide to the purchase of the car five years from now?   please also draw the cash flow the diagram and do not us

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A: The term "annuity" refers to a contract created and offered by financial institutions with the goal…

Q: dealership offers financing at 4.9% annual interest, compounded monthly for 5 years. You have $4000…

A: Cost car=$18995Interest rate=4.9%Period= 5 years

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A: FV = A * (1+r)nwhereFV = future valueA = amount investedr = interest raten = time period

Q: You have decided to buy a car. The car cost RM 50 Q00 You are taking a loan from a bank with the…

A: Calculation of installment price = Loan Amount/ PVA(3%,5 years) = 40000/55.6523 = $ 718.74

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Q: Bhupatbhai

A: Future Value = fv = $230,000Present Value = pv = $41,000Interest Rate = r = 4.5%

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A:

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Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.