IPS Corp. will upgrade its package-labeling machinery. It costs $850,000 to buy the machinery and have it installed. Operation and maintenance costs, which are $11,000 per year for the first 3 years, increase by $1000 per year for the machine's 10-year life. The machinery has a salvage value of 12% of its initial cost. Interest is 25%. What is the future worth of cost of the machinery? dont use excel. dont write answer in a paper becouse of handwriting. thanks

Q: eposits $8600 in a bank account that pays a simple interest rate of 6.5% per annum. find how long it…

A: Given that  Principal amount (P) = $8600 Interest rate (R) = 6.5% per annum = 0.065   We know that…

Q: Lorenzo borrows $25000 to start a landscaping business. Lorenzo’s plan is to pay the loan back in 5…

A:

Q: Due to depreciation, the cost of a car decreases by 10.2% every year. How much is the estimated…

A: The solution is given below.

Q: Miroslava has $100,000 to invest in a saving account. She receives a steady interest rate of 3.75%…

A: option b is correct  at the end of 15 years Miroslava have balance $175,500.40 using the formula for…

Q: Salim borrowed some money which amounts to OMR 4530 after 3 years at 7% simple interest.How much did…

A:

Q: You bought $1,000 worth of stock. For the last 7 years you have been losing 3% a year. How much will…

A:

Q: Lenders such as banks, credit unions, and mortgage companies make loans. The person receiving the…

A:

Q: Start working with a savings account with a quarter in it and your boss doubles it each day for…

A:

Q: You accept a new job with a starting salary of 48,000. Because of your stellar preformance at work,…

A: The starting salary of the new job is 48,000.Percentage of salary raise at the start of second year…

Q: You have $4,000 on a credit card that charges a 12% interest rate. If you want to pay off the credit…

A:

Q: AdamGranger operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He…

A: Given: The sales price per unit = $20. Variable cost per unit = $14. To compute the contribution…

Q: You have $300,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

A: It is given that,      r= annual interest rate=8%=0.08      k=monthly compounding=12      N=number…

Q: Jacob has $4,800 to invest in a saving account. He receives a steady interest rate of 3.35%…

A:

Q: The GDP in Brazil is 2.05 trillion. The rate of inflation is 2.5%. If the population of Brazil is…

A:

Q: Dennis plans to save $74,400.00 per year for 4 years. His first savings contribution is expected…

A:

Q: Jose has $4,800 to invest in a saving account. He receives a steady interest rate of 3.35% compunded…

A: Given Jose has $4800 to invest in a saving account . he receives a steady rate of 3.35% compounded…

Q: Fernando has $6,600 to invest in a saving account. He receives a steady interest rate of 3.00%…

A: Compound interest formula is used

Q: On April 2014, you could buy a 30-year U.S. Treasury note for $15000 that pays 6.08% simple interest…

A: Given data:   The given amount is P=$15000. The given interest rate is r=6.08%. The given time from…

Q: The first cost of an electric rebar bender is P392,000 and a salvage value of P40,000 at the end of…

A: Given information Pw=P392,000 r=5.4% ⇒r=5.4100=0.054 And n=4 years The annual cost is given by…

Q: You invest $10,000 in the Big Delta mutual fund. Over 5 years, your investment grows in value to…

A: According to the given data Initial investment is $10000 After 5 years it becomes $17320 That means…

Q: Jamie wants a new smart/TV sound system that cost $1,250. He does not have that much in cash to…

A:

Q: ristan bought a $225,000.00 house, paying 10% down, and financing the rest at 3% interest for 15…

A: Given that  Tristan bought a $225,000.00 house, paying 10% down, and financing the rest at 3%…

Q: The purchase value of a class set of iPads is $20,750. Its annual depreciation is $1,929. The value…

A: The purchase value of a class set of iPads is $20,750 and its annual depreciation is $1,929

Q: Joe invested 7,000 into a mutual fund to save for a new car. The mutual fund compounds quarterly…

A:

Q: You have 300,000 saved for retirement. Your account earns 4% interest. How much will you be able to…

A: Given that, You have 300,000 saved for retirement. Your account earns 4% interest. We need to find…