Please use this formula and show the complete solution FORMULASF=A(-P=A(-(1+i)-1i1- (¹+i)-yn-)(1+i)ym-) (1+i)-ymF-Future WorthP-Present WorthA - Annuityy-yrsn-method of compoundingi-interest ratem-delayed years 2.) You are to pay a bill in Meralco every month for 5 years. The accumulatedamount of the payment you paid is 60k pesos at a rate of 6% per year. Thefirst payment is done after 4 years. How much are you paying everypayment?ANSWER: A = P122.5433

Given information: Future value = 60k Interest rate = 6% per year or 6%/12 = 0.5% per month

You are to pay a bill in Meralco every month for 5 years. The accumula amount of the payment you paid is 60k pesos at a rate of 6% per year. first payment is done after 4 years. How much are you paying every

You are to pay a bill in Meralco every month for 5 years. The accumula amount of the payment you paid is 60k pesos at a rate of 6% per year. first payment is done after 4 years. How much are you paying every

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: A pump is needed for 10 years at a remote location. The pump can be driven by an electric motor if a…

A: Requirement of pump in years at remote location=10 years ways of driven pump are:Electric motor or…

Q: 1. As supervisor of a facilities engineering department, you consider mobile cranes to be critical…

A: we are going to solve problem with the help of RORAI method Annual worth cost method Present worth…

Q: Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all…

A: Given that it illustrates the fluctuations in an economy's fortunes, national income analysis is a…

Q: 6. Solving for dominant strategies and the Nash equilibrium Suppose Gabriel and Nia are playing a…

A: The pay-off matrix is given as follows. NiaUpDown GabrielUp6,66,3Down4,35,5

Q: A company has already identified machine A and determined the economic life as four years by…

A: Table 1 summarises the specifications of machine B, as well as the standard calculations for…

Q: 6a. An initial $2000 investment is made that returns profits of $1000 and 1500 in the first and…

A: Given, Inflation rate = 5% Market interest rate = 8% The market interest rate is the nominal rate of…

Q: 21 of 25 (14 complete) ▼ HW Score ter 3.11 1 2 LRASSRAS, LRAS SRAS. SRAS.

A: Diagram 1 represents the case of increase in the expected price level as AS shifts to the leftward…

Q: 1.4 Suppose the price of X is $5 and the price of Y is $10 and a hypothetical household has $500 to…

A: Note: We are not allowed to answer on paper in any case. Answer: Given, Price of XPX=$5Price of…

Q: A certain copier machine cost P150,000 with a trade-in value of P15,000 after making 800,000 copies.…

A: According to the unit of production based depreciation method, depreciation charge is calculated as…

Q: When making a decision such as buying a car, what step in the decision-making model would be ranking…

A: Making decisions requires choosing a plan of action, gathering information, and assessing…

Q: be affected by the political turmoil, economic fluctuations and societal changes. Let us assume that…

A: DAD stands for Dynamic Aggregate Demand. It represents the total demand for goods and services in an…

Q: (Figure: Marginal Benefit Curves) Use the graph of marginal benefit curves for slices of cheesecake…

A: The buyer would buy a product of such quantity, where marginal benefit obtained from the product…

Q: Depreciation Determine the Book Value at the end of 2011 using a. Straight line method and DDB…

A: The straight-line method deteriorates a resource by an equivalent sum for each bookkeeping period.…

Q: tation Tirst year, second year, third ; P3,500 on the fourth year. What is the equivalent uniform…

A: Answer Given, Cash Flow in the first year = P5000 It will increase by 500 each year Time period =…

Q: Consider two bidders who are competing for an item in an 'all-pay auction.' Bidder 1 values the item…

A: There are two players in the game : Bidder 1 & Bidder 2 As per the question , If the bids are…

Q: Assume that Falda and Varick can switch between producing wheat and producing cloth at a constant…

A: The term O.C. describes the value of the next best alternative forgone when a decision is made. It…

Q: Use the following table to answer the question below. Jake's Production Possibilities Schedule…

A: The capacity of an individual, firm, or nation to manufacture a specific product or service with a…

Q: The capital recovery cost calculated for the project shown is cash flow diagram in Figure (6) = *…

A: Capital recovery cost (CR) can be calculated by using the following formula.

Q: Suppose product Y Is an Input In the production of product Z. Product Z In turn Is a substitute for…

A: Given that, Y is an input in the production of product Z Z is a substitute for product X The price…

Q: Why do we use mind mapping

A: Mind mapping is the diagrammatic representation of information, task or concepts.

Q: sing the price to charge consumers. There are no capacity constraints. Consumers purchase the firm…

A: Under the Bertrand model, firms compete the prices. The price keeps on declining until it becomes…

Q: P-A-(1+0)- [(1+0"-1] F= A [1-(1+)"| P A (1+)- Annuity Due Perpetuity [1-(1+0- [(1+0**1-1 F= A =…

Q: 1.5 Kristine is a fan of both romantic movies and classical concerts. This month she has $480 to…

Q: a. At the market price of $80 per unit, what is the profit maximizing level of output? Why is this…

A: A perfectly competitive firm is a price taker, which means it takes the price set by the market…

Q: AD AS AD1 P1 Real GDP tefer to the graph. Assume that the economy Is in a recession with a price…

A: When the government makes changes to rates of tax and levels of spending of government is the…

Q: QUESTION 17 Assume that the demand for a service depends on price and income, where the price…

A: Price Elasticity of demand : (-)0.6 The absolute value of price elasticity is less than, it means…

Q: Let the demand function be D(p)%3Dp+p2. Find the elasticity of demand for p-1. Answer: -5.5

A: since you have posted multiple questions, as per the guidelines we can solve only one question.

Q: 10. Nabil is considering buying a house while he is at university. The house costs S$200 000 today.…

A: Present worth is the present value of future money at a specific rate of return.

Q: Which of the following is CORRECT? Select one: a. If a firm is technologically efficient, it is…

A: To be efficient, you have to have to bear the cost of the process. What could be a root cause of…

Q: If the MARR is 12%, compute the value of X that makes the following two alternatives equally…

A: Present value is the value of investment in today's dollar Future value is the value of investment…

Q: (a) Government survey takers determine that typical family expenditures each month in the year…

A: Inflation refers to the rise in prices of goods, that is when the goods and services become…

Q: Interest Rate (percent) 14 #2086TNO 10+ 4+ I Money Market 1 1 20 40 60 I Ms1 % 140 100 120 160 Mp…

A: The proportion of deposits, commercial has to keep with themselves is known as RR(reserve ratio) .RR…

Q: p. How would the immigration of 10 munchkins, i.e., 10 units of labor, affect the PPF equation? Show…

Q: Please anyone provide solution for this

A: A bar graph, also known as a bar chart, is a visual representation of data using rectangular bars to…

Q: s. Nabil is considering buying a house while he is at university. The house costs $200 000 today.…

A: Present worth is the present value of money earned in the future on an asset for a specific rate of…

Q: 100 1 Price 882 90 80 70 60 55-- 50 40 30+ 8 20 10 MC 5 10 15 20 25 30 35 40 Quantity Price…

A: Incase of a monopoly , A single price monopolist will produce where the MR = MC A perfectly price…

Q: Suppose a perfectly competitive firm faces an inverse demand curve of P(Q)= 1515-1.4Q and has…

A: When the production or consumption of a thing or service imposes a cost on third parties who are not…

Q: Wanda owns a fish shop and employs workers to sort and pack fish. Workers can pack the following…

A: The marginal product of labor (MPL) measures the change in the total product due to a change in…

Q: Today is your birthday and you decide to start saving for your retirement. You will retire on your…

A: In order to solve this, first, we will discount the $70,000 received per year after retirement for…

Q: A child is given $4 of pocket money to be spent on either hard candies or chocolates. Chocolates…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: In which of the following cases would we expect a person to experlence no net change In their…

A: By the term behavioral economics, economists mean that; generally individuals take the decision that…

Q: Problem #3: From the data shown in the figure about demand for smart phones, calculate the price…

A: Price elasticity of demand refers to the percentage change in Quantity demanded due to percentage…

Q: The following table lists several determinants of aggregate demand. Complete the table by indicating…

A: Aggregate demand is the total demand for final goods and services produced in an economy in a given…

Q: Review Questions 3. Why do whites generally have more assets than minorities? a) Whites are wiser…

A: Understanding the options: A. The statement says that White People are more experienced and…

Q: 9-15. A small high-speed commercial centrifuge has the following net cash flows and abandonment…

A: Rate of return=10% Current market value=$7,500 To determine:- Optimal time to abandon=?

Q: Imagine you are the mayor of a town and you are trying to decide if you should pay for a fireworks…

A: Answer:- (d) The town's citizens were free-riders.

Question

Please use this formula and show the complete solution

FORMULAS
F=A(-
P=A(-
(1+i)-1
i
1- (¹+i)-yn
-)(1+i)ym
-) (1+i)-ym
F-Future Worth
P-Present Worth
A - Annuity
y-yrs
n-method of compounding
i-interest rate
m-delayed years

2.) You are to pay a bill in Meralco every month for 5 years. The accumulated
amount of the payment you paid is 60k pesos at a rate of 6% per year. The
first payment is done after 4 years. How much are you paying every
payment?
ANSWER: A = P122.5433

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.