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

Q: A washer dryer combination can be purchased from a department store by making monthly payments of…

A: Given: Monthly payment = $62.25 Interest rate = 24% Years = 3

Q: You were able to sell a car worth 2,100,000, which would be financed by a bank. You told your buyer…

A: “Since you have posted a question with multiple subparts, we will solve first three subparts for…

Q: You're trying to save to buy a new $192,000 Ferrari. You have $42,000 today that can be invested at…

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

Q: Linda Baer has already saved ​$4 comma 3134,313 to buy a used vehicle. Ignoring taxes and assuming…

A: The objective of this question is to find out how long it will take for Linda Baer to save enough…

Q: ou are planning to take a car, its cash price is Rs.800,000. Bank is offering seven year monthly…

A: The given problem can be solved using PMT function in excel. PMT function computes instalment amount…

Q: You are saving to buy a new car in two years.  You currently have $5000 in an account that pays 4%…

A: We need to use present value formula below to calculate amount required today in account.PV…

Q: Your mom asked your opinion if she will be joining the cooperative in her office. She wants to know…

A: rch SEARCH ASK   CHAT   MATH SOLVER BusinessFinanceQ&A LibraryYour mom asked…

Q: You're trying to save to buy a new $195,000 Ferrari. You have $32,000 today that can be invested at…

A: Here, ParticularsValuesFuture value of money (FV) $1,95,000.00Present value (PV) $…

Q: We have offered to contribute $6,200 at the time of your purchase. The car plan to buy will cost…

A: Annuity means a series of finite number of payments which are the same in size and occur in the same…

Q: ou’re trying to save to buy a new €170,000 Ferrari. You have €40,000 today that can be invested at…

A: According to time value of money, Future value (FV) = Present Value PV×1+Rnwhere,R=rate of…

Q: ou are making car payments of $576 per month for the next 3 years. You know that the car loan has an…

A: Initial price of car will be the present value of all monthly payments. Initial price can be…

Q: Question 1: Please draw the Cash Flow on the diagram.   You Take a Loan to Buy a car…

A: The monthly installment refers to the regular payment or receipt creates for a specific loan or…

Q: Let’s pretend that we will buy a brand-new car online. How much is the car? How much is your…

A: When an asset is purchased is on loan, the purchaser pays down payment upright and then, the…

Q: You have determined that you can afford to pay $800 per month toward a new Italian sports car. You…

A: Present value is the sum of money that must be invested in order to achieve a specific future goal.…

Q: Finally, you have decided to buy a car. You are able to negotiate the price down to $12,000. You…

A: given, r = 2.5% n = 3 m =12 p =12000 applying formula for monthly payment:…

Q: You are saving to buy a new car in two years.  You currently have $5000 in an account that pays 4%…

A: The FV of an investment refers to the combined worth of the cash flows of the investment at a…

Q: u are financing a car worth $74506.94 with tax included. Interest rates are 13.6% compounded daily.…

A: Loans are paid by equal monthly payments that carry the payment for interest and payment for loan…

Q: You want to buy a Ford SUV with a list price of $48,000. Dealer A offers to sell it for a discount…

A: PMT is the periodic payment.

Q: An executive is looking to buy a Bugatti for $1.9 million.  The car dealer can offer financing at a…

A: Purchase price = $1,900,000Interest rate = 4.9%Number of years = 5 yearsDown payment = $900,000

Q: ave selected a new car to purchase for $19,500. If the car can be financed over a period of 4 years…

A: The given problem can be solved using PMT function in excel. PMT function computes instalment amount…

Q: Suppose you want to save in order to purchase a new car. Take the APR to be 3.6%. If you deposit…

A: Future value of annuity The future value of annuity refers to the total value of the investment at…

Q: Assuming you have seen a car displayed in a mall with installment price of P500,000 with no…

A: In the given question we need to compute the cash price of the car.

Q: You borrow $100,000 for the purchase of an automation system in your company. The payments at 6% is…

A: in this problem we need to calculate present value factor for annuity for given interest and from…

Q: You're trying to save to buy a new $190,000 Ferrari. You have $31,000 today that can be invested at…

A: Present Value = $31,000 Future Value= $190,000 Interest Rate = 3.80%   FV = PV* (1 + r)t Where, PV…

Q: .43% nominal yearly, compounded weekly, how much does this generator cost fam to purchase when…

A: Discount rate:It is the rate used to evaluate the amount of money that will be invested in the…

Q: A furniture store has a love seat on sale for $699.00, with the payment due one year from today. The…

A: Time Value of Money : The value of money today is higher than one year later due to several factors…

Q: A Chevrolet Sonic Hatchback costs $ 14,980.00. With a 9 %  down payment, you can have an amortized…

A: Down payment- While purchasing a asset, the payment which is made upfront is called down payment.…

Q: Imagine that you are trying to evaluate the economics of purchasing an automobile. You expect the…

A: The minimum return expected by the investor from the project is known as the required rate of…

Q: You are saving to buy a new car in two years.  You currently have $5000 in an account that pays 4%…

A: Future value refers to the accumulated amount in the fund account by compounding of the amount at…

Q: hat remaining initial cash payment is necessary if equal payments of P 15, 000.00 at the end of each…

A: In this we have to find the loan amount and than find the monthly payment required for that.

Q: You are shopping for a car and read the following advertisement in the newspaper: "Own a new…

A: The rate of interest that has been charged on the amount of car that the person has purchased by…

Q: You're trying to save to buy a new $141,720 Mercedes. You have $74,461 today that can be invested at…

A: Time, the value of money refers to the concept used for evaluating the percentage of return from the…

Q: In order to purchase a brand new set of living room furniture, you take out a loan from the bank at…

A: Cash price is the present value of quarterly payment made at the of the quarter.

Q: You're trying to save to buy a new $210,000 Ferrari. You have $38,000 today that can be invested at…

A: The number of years it takes to reach the target can be calculated with the help of future value…

Q: You buy a car costing $28,000 today. What will be the monthly payment on this car if you put no…

A: The present value of monthly repayment will be equal to the value of loan amount. Monthly interest…

Q: Suppose you want to buy a new car that costs $32,900. You have no cash-only your old car, which is…

A: Any sum borrowed to meet personal or business needs is regarded as a loan amount. The loan amount…

Q: Unfortunately it costs $25,000, it you want to the purchases the car in five years and in the…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: You want to save $1,000 a month for the next 10 years to buy a townhome The money will be set aside…

A: Compound = Monthly = 12Payment = p = $1000Number of Payment = n = 10 * 12 = 120Interest Rate = r =…

Q: You're trying to save to buy a new $275,000 Ferrari. You have $50,000 today that can be invested at…

A: According to the time value concept, the amount of money available today may have different…

Q: Please solve using Excel and show formulas. You have decided to buy a car with price tag of $60,000…

A: Amount borrowed = $53,000Loan term = 5 yearsInterest rate = 4.5%

Q: Jim Hayes wants to buy some electronic equipment for $800. Jim has decided to save uniformamount at…

A: Electric Equipment cost = $800 Months(n) =12 Interest Rate(r) =0.50% Let Monthly Payment is P

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.