At an interest rate of 10% per year, the length of time required from time zero to recover an initial investmentof $10,000 by receipts of $1,000 per year beginning in year three is nearest to:A)B)C)10 years20 years100 yearsNever

The initial investment is $10,000 The interest rate is 10% per year. Receipts of $1000 per year…

Answered: At an interest rate of 10% per year,…

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

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
1.27 8% per year. Construct a cash flow diagram to find the present worth in year 0 of a $400 expenditure in year 3, a $900 receipt in year 4, and $100 expenses in each of years 5 and 6 at an interest rate of 15% per year.
A midcareer engineer hopes to have $2 million available for his use when he retires 20 years from now. He plans to deposit a uniform amount semiannually, beginning now and every 6 months thereafter through the end of year 20. If his investment account has a yearly return of 8% per year, compounded quarterly, the interest rate, i, that must be used in the A∕F equation to determine the size of the uniform deposits is: (a) 2% (b) 8.24% (c) 8.00% (d) 4.04%
An investment of $60,000 ten years ago resulted in uniform income of $10,000 per year for the 10-year period. The rate of return on the investment was closest to: (a) 10. 6% per year (b) 14. 2% per year (c) 16. 4% per year (d) 18. 6% per year (e) Any of the above b d
A Texas chemical company had to file for bankruptcy because of a nationwide phaseout of methyl tertiary butyl ether (MTBE). The company is in the planning phase of reorganizing and expects to invest $50 million in a new ethanol production facility. Determine the revenue necessary each month to recover its investment in 3 years, plus interest at a rate of 2% per month, compounded continuously. Solve by (a) formula, and (b) spreadsheet function
A municipal bond with a face value of $10,000 will mature 15 years from now. The bond interest rate is 6% per year, payable quarterly. At an interest rate of 16% per year compounded quarterly, what is the present worth of the bond?
the amount in plan B if the amount of interest earned in two years was Rs. 3508. 25. The time required for a sum of money to amount to five times itself at 16% simple interest p.a. will be
If the profit from a capital of $1000 is equal to 5% per day and the achieved profit is added to the capital, what will the profit become after a month and after a year?
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
I need correct answer ASAP .
j ] The present worth of $1,000 deposits in years 1 through 5 and a single disbursement of $500 in year 3, if the interest rate is %10 per year for the first two years and 8% per year thereafter, is closest to: a) $4,248.215 b) $3,865.633 c) $4,262.115 d) $4,166.450
If the BOL Corporation deposits $20 million of its retained earnings in an aggressive stock ownership fund for only 1 year, what will be the difference in the total amount accumulated (i.e., F) at 18% per year, compounded monthly versus 18% per year simple interest?

SEE MORE QUESTIONS

Recommended textbooks for you

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

Principles of Economics (MindTap Course List)

Economics

ISBN:

9781305585126

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Managerial Economics: A Problem Solving Approach

Economics

ISBN:

9781337106665

Author:

Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:

Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…

Economics

ISBN:

9781259290619

Author:

Michael Baye, Jeff Prince

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

At an interest rate of 10% per year, the length of time required from time zero to recover an initial investment of $10,000 by receipts of $1,000 per year beginning in year three is nearest to: A) B) C) D) 10 years 20 years 100 years Never