In 5 years, P 180,000 is needed for a building renovation. In order to generate this amount, a sinking fund consisting of 3 end of the year payments is established now For tax purposes, no further payment will be made after 3 years. What payments are necessary if money is worth 15% per annum? Select one: O a. P 36,628 ОЬР35,784 ОС.Р38,882 o d.Р39,195

In 5 years, P 180,000 is needed for a building renovation. In order to generate this amount, a sinking fund consisting of 3 end of the year payments is established now For tax purposes, no further payment will be made after 3 years. What payments are necessary if money is worth 15% per annum? Select one: O a. P 36,628 ОЬР35,784 ОС.Р38,882 o d.Р39,195

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

Price Chocolate Market Quantity So Do
The profit maximizing combination of two products is found where?
will a supplier be able to reduce its cost structure through additional volume?
the demand equation for a product is q=1.5p+600, where q is the number of a products that can be sold in a month and p is the price per product. (a) what price will produce the largest revenue? (b) what is the largest monthly revenue?
A manufacturer can produce a gizmo at a cost of $6 apice. He sells this gizmo for $10 ,and at this price 10 gizmos are sold each day. The manufacturer figures that each $3 dollars decrease in price will sell 3 additional goods each day. Write out the Demand and Profit functions. What price xmaximizes profit?
When the price of salad was $5, a cafeteria sold 50 packets of salad dressing a day at $0.50 per packet. When they increased the price of salad by 40%, but kept the dressing at the same price, they sold 50% fewer packets of salad dressing.
The total amount spend on production of 500 machines are $100. The selling price of a machine is $ 25. Calculate the profit of the firm.
Explain the major tasks faced by service companies.
A decrease in the cost of the flour used to bake bread is most likely to
What is your average direct sale price to Online consumers? How is your average different than the competition? Explain.
The profit function for a certain commodity is P(x) - 190x - x - 1000. Find the level of production that yields maximum profit, and find the maximum profit. units P-$ Need Help? Talk to a Tutor Read t Watch it
How many orders per year should you expect to place if your demand is 1,900 units per month and you order 356 units every time you place an order?