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Author: Anonymous (page 71,710)

The annual nominal interest rate on the unpaid portion of a…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
The annual nominal interest rate on the unpaid portion of a contract is 17%. Find the effective annual interest rate if the interest is compounded quarterly
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Earning power of money is depend upon an economic situation…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
Earning power of money is depend upon an economic situation such as inflation/deflation.
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Find EUAW of a device that has a useful life of 6 years; ini…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
Find EUAW of a device that has a useful life of 6 years; initial cost of $1,500; annual benefit of $650. Use 10 years for the analysis and i= 12%?
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Find the final F value from P=1500 if the i% keeps changing…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
Find the final F value from P=1500 if the i% keeps changing in the next 15 years as following: 5% for the first 4 years, 8% for the next 5 years and 10% for the last 6 years.
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Given an effective annual interest rate of 6%, what is the n…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
Given an effective annual interest rate of 6%, what is the nominal interest rate compounded quarterly?
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What equal amount (Q) must be deposited at the beginning of…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
What equal amount (Q) must be deposited at the beginning of each year for the next 5 years in a saving account with 10% interest in order to get a future sum of $1000 at the end of year 6.  The Value of Q is most nearly:
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F=2000, n=3 years and i=12% compounded monthly. P is most ne…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
F=2000, n=3 years and i=12% compounded monthly. P is most nearly:
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If P= $901, F= $1801, n= 11 years, find i%. Draw cash flow d…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
If P= $901, F= $1801, n= 11 years, find i%. Draw cash flow diagram. Use interest table
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Find the effective annual interest rate (i*) if compounded q…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
Find the effective annual interest rate (i*) if compounded quarterly and the nominal rate (r) is 9%.
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The first-year maintenance cost for a new car is estimated t…

Posted on: March 2, 2021 Last updated on: March 2, 2021 Written by: Anonymous
The first-year maintenance cost for a new car is estimated to be $100, and it increases at a uniform rate of 10% per year. Using an 8% interest rate, calculate PW of the cost of the first 5 years of maintenance
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