Congress plans 4% funding increases for a popular program for each of the next years. What total percent increase will they announce?
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Congress plans 4% funding increases for a popular program for each of the next years. What total percent increase will they announce?
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- You need to prepare for three large, upcoming project expenditures which will begin 3 years from now. The first required cash flow will be $56,000, the next year will require $94,000, and then $132,000. If you begin setting aside funds from your current budget next month, how much do you need to save each month in order to have enough to cover all three cash flows the day the first cash flow comes due? Assume you can invest these funds at 8.4 percent APR, compounded monthly. Please demonstrate how to calculate using a financial calculator, when possible.(4) Evaluate the ROI.8. Construct a sinking fund table showing the growth of the fund over 5 years, if P950 is to be deposited at a rate of 6% compounded semi-annually.
- Solve all the questions in the image belowThe cost of supplies for a 10-year project increases by P900 every year, starting at the end of the second year. There is no supplies cost at the end of the first year. If the interest rate is 6.7% per year, determine the present amount that must be set aside at time zero to take care of all the future supplies expenditures.We'll be holding a fundraiser over the next 5 years. Because we'll be learning how to market the fundraiser better each year, we expect our annual revenues to increase by 10% each year. If we are anticipating the first year's revenue to be $50,000, what is the expected equivalent uniform annual benefit for our fundraiser over the 5-year period, at an interest rate of 6%?
- Citywide Courier Services projects that demand for its services will rise for a period of three years before subsiding. It can lease additional communication for $1,000 at the beginning of every quarter for three years. Alternatively, it can purchase the equipment for $13,995 at 7.5% compounded quarterly. The salvage value of the equipment after three years is expected to be $4,000. Which option would you recommend? How much better is that option in today's dollars?The expansion plans of Company A and Company B call for the government to add capacity for a new project in 5 years. The government wants to have P360,000,000 available before it announces the project. If the government sets aside P55,000,000 now and P90,000,000 in year 2, what uniform annual amount will it have to put in an account in years 3 through 5 to have the $360,000? Assume the account earns interest at 8% per year.A major city wants to establish a sinking fund to pay off debts of PKR 800 million which come due in 10 years. The city can earn interest at the rate of 8 percent per year compounded monthly. If first deposit is made 1 month from now; What monthly deposit will be required to accumulate the PKR 800 million? How much interest will be earned on these deposits
