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- Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at measuringWorth.com. How much money would it take today to purchase what one dollar would have bought in the year of your birth?Topic: Geometric Gradient How much would you have to deposit now, so that you can withdraw of $10000 starting at the end of year 5, and subsequent withdrawals will decrease a rate of of 10% semiannual year over the previous year’s until at the end of year 8, if the interest rate is 6%, compounded semi-annually? Note: Draw the cash flow diagram and use interest rate with five decimal places.9.) w = Blank 1 : show in four decimal P0Total = $ Blank 2 F7Total / P0Total = $ Blank 3 A / P0Total = $ Blank 4
- Only typed answer6. (a) At time t = 0 a construction company pays £60,000 to purchase a plot of land and material to build a house that will be sold for £100,000 after one year (t = 1). For 11 months, from t = 0 to t = 11/12, the company has also to pay £35,000 for the salary of the workers. Assuming that the payment of the salaries can be modeled as an annuity paid continuously, calculate the net present value of the project. The interest rate is 3% p.a. effective. (b) For a 6-month internship, a student is paid £20 per day. The effective interest rate is 3% p.a. in the first three months and 2% p.a. in the final three months. Modeling the daily payments as an annuity paid continuously, compute the accumulated value of the salary at the end of the internship. Consider 30 days in each month and 360 days in a year.Plz solve it within 40-50 mins I'll give you multiple upvote
- Only typed answer11TUNIS geoiduzil.AT/-3.02 Note: Please make sure to properly format your answers. All dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). All percentage values in the answers need to include a percentage sign (%). For all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06). If you borrow $220,000 at an APR of 3.5% for 25 years, you will pay $1,101.37 per month. If you borrow the same amount at the same APR for 30 years, you will pay $987.90 per month. a. What is the total interest paid on the 25-year mortgage? $110,411.00 b. What is the total interest paid on the 30-year mortgage? $135,644.00 X c. How much more interest is paid on the 30-year mortgage? Round to the nearest dollar. d. If you can afford the difference in monthly payments, you can take out the 25-year mortgage and save all the interest from part c. What is the difference between the…
- General Journal ILLUSTRATION 1 The following is example of journal entries, Transaction 1 Safiyya invests $20,000 cash in Marine Engineering Services Sdn. On January 1 2010. Transaction 2 On 3rd January 2010, ME Services bought supplies for cash of $3,000. Transaction 3 Purchase supplies for credit of $5, 000 on 5th January from a supplier. Transaction 4 ME Services bought equipment by cheque of $35,000 on 15th January. Transaction 5 Paid salaries expense by cash to the workers on 25th January. Transaction 6 ME services receives payment of RM5,000 from the customer 26th January for consulting services on new motorboat engines. Transaction 7 The owner withdraws $500 cash from business account for personal use on January 30.The accompanying table lists the foreign exchange rate between U.S. dollars and British pounds (GBP) during May 2020. Of the dates in the table, 05- would have been the best day for converting US $500 into British pounds and 05- would have been the worst day for converting US $500 into British pounds. (Type whole numbers.) The difference in pounds between these two dates would be £. (Round to two decimal places as needed.) Date 05-01 05-02 05-03 05-04 05-05 05-08 05-09 05-10 05-11 05-12 05-15 $/£ 1.2917 1.2921 1.2916 1.2910 1.2950 1.2942 1.2939 1.2939 1.2885 1.2880 1.2917 Date 05-16 05-17 05-18 05-19 05-22 05-23 05-24 05-25 05-26 05-30 05-31 $/£ 1.2912 1.2944 1.3009 1.3018 1.3006 1.2984 1.2935 1.2954 1.2795 1.2858 1.2905Travel Time Each Way Price of a Dress Store (Minutes) (Dollars per dress) Local Department Store 15 100 Across Town 30 86 Neighboring City 60 63 Juanita makes $56 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $56 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location. Price of a Dress Total Cost Opportunity Cost of Time (Dollars) (Dollars per dress) (Dollars) Store 100 Local Department Store 86 Across Town 63 Neighboring City 10:57 PM 36 F Clear 2/27/2022
