All Matches

Solution Library

Expert Answer

Textbooks

Search Textbook questions, tutors and Books

Oops, something went wrong!

Change your search query and then try again

Result Not Found

Books FREE
Tutors
Study Help
Ask a Question
AI Study Help New

Search
Sign In
Register

study help
business
economics

Questions and Answers of Economics

For the cash flows shown, the equivalent annual worth in periods 1 through 5 at an interest rate of 10% per year is closest to:Annual Period Amount, $0 ......... 10001 ......... 10002
For the cash flows shown, the value of X that will make the present worth in year 0 equal to $5000 at an interest rate of 10% per year is closest to:(a) $2895 (b) $3125(c) $3305 (d)$3765
In order to have cash available for unforeseen emergencies, Baring Systems, a military contractor, wants to have $2,000,000 in a contingency fund 4 years from now. The amount the company must deposit
The Trust for Public Land (TPL) is a national organization that purchases and oversees the improvement of large land sites for government agencies at all levels. Its mission is to ensure the
From the interest statement 18% per year, compounded monthly, determine the values for interest period, compounding period, and compounding frequency.
From the interest statement 1% per month, determine the values for interest period, compounding period, and compounding frequency.
Determine the number of times interest would be compounded in 6 months from the interest statements(a) 18% per year, compounded monthly(b) 1% per month(c) 2% per quarter.
For an interest rate of 1% per 2 months, determine the number of times interest would be compounded in (a) 2 months, (b) Two semiannual periods, (c) 3 years.
Identify the compounding period for the following interest statements: (a) 3% per quarter; (b) 10% per year, compounded semiannually; (c) Nominal 7.2% per year, compounded monthly; (d) Effective 3.4%
Identify the following interest rate statements as either nominal or effective: (a) 1.5% per month, compounded daily; (b) 17% per year, compounded quarterly; (c) Effective 15% per year, compounded
Convert the given interest rates in the left-hand column into the nominal rates listed in the right-hand column. (Assume 4 weeks/month.)Given Interest Rate Desired Interest Rate1% per month
What nominal interest rate per year is equivalent to 11.5% per year, compounded monthly?
For a Federal Credit Union that offers an interest rate of 8% per year, compounded quarterly, determine the nominal rate per 6 months.
The Second National Bank of Fullertum advertises an APR of 14% compounded monthly for student loans. Determine the APY. Show hand and spreadsheet solutions.
For an effective annual rate ia of 15.87% compounded quarterly, determine(a) The effective quarterly rate and(b) The nominal annual rate.(c) What is the spreadsheet function to find the nominal
High-tech companies such as IBM, AMD, and Intel have been using nanotechnology for several years to make microchips with faster speeds while using less power. A less well-known company in the chip
An interest rate of 21% per year, compounded every 4 months, is equivalent to what effective rate per year? Show hand and spreadsheet solutions.
An interest rate of 8% per 6 months, compounded monthly, is equivalent to what effective rate per quarter?
A small company that makes modular bevel gear drives with a tight swing ratio for optimizing pallet truck design was told that the interest rate on a mortgage loan would be an effective 4% per
In 'N Out Payday Loans advertises that for a fee of only $10, you can immediately borrow up to $200 for one month. If a person accepts the offer, what are(a) The nominal interest rate per year(b) The
A government-required truth-in-lending document showed that the APR was 21% and the APY was 22.71%. Determine the compounding frequency at which the two rates are equivalent.
Julie has a low credit rating, plus she was furloughed from her job 2 months ago. She has a new job starting next week and expects a salary to start again in a couple of weeks. Since she is a little
Assume you deposit 25% of your monthly check of $5500 into a savings account at a credit union that compounds interest semiannually. (a) What are the payment and compounding periods? (b) Is the
Interest is compounded quarterly, and single payment cash flows (that is, F and P) are separated by 5 years. What must the compounding period be on the interest rate, if the value of n in the P/F
Pinpoint Laser Systems is planning to set aside $260,000 now for possibly replacing its 4-pole, 38-MW synchronous motors when it becomes necessary. If the replacement is expected to take place in 3
Wheeling-Pittsburgh Steel is investigating whether it should replace some of its basic oxygen furnace equipment now or wait to do it later. The cost later (i.e., 3 years from now) is estimated to be
How much can Wells Fargo lend to a developer who will repay the loan by selling 6 view lots at $190,000 each 2 years from now? Assume the bank will lend at a nominal 14% per year, compounded
How much will be in a high-yield account at the National Bank of Arizona 12 years from now if you deposit $5000 now and $7000 five years from now? The account earns interest at a rate of 8% per year,
Loadstar Sensors is a company that makes load/force sensors based on capacitive sensing technology. The company wants to have $28 million for a plant expansion 4 years from now. If the company has
A structural engineering consulting company is examining its cash flow requirements for the next 6 years. The company expects to replace office machines and computer equipment at various times over
Irvin Aerospace of Santa Ana, California, was awarded a 5-year contract to develop an advanced space capsule airbag landing attenuation system for NASA's Langley Research Center. The company's
Heyden Motion Solutions ordered $7 million worth of seamless tubes for its drill collars from the Timken Company of Canton, Ohio. (A drill collar is the heavy tubular connection between a drill pipe
In 2010, the National Highway Traffic Safety Administration raised the average fuel efficiency standard to 35.5 miles per gallon (mpg) for cars and light trucks by the year 2016. The rules will cost
Fort Bliss, a U.S. Army military base, contributed $3.3 million of the $87 million capital cost for a desalting plant constructed and operated by El Paso Water Utilities (EPWU). In return, EPWU
Beginning in 2011, city hall, administrative offices, and municipal courts in the city of El Paso, Texas, will go on a 10 hour/day, 4-day workweek from the beginning of May through the end of
In October 2009, Wal-Mart started selling caskets on its website that undercut many funeral homes. Prices ranged from $999 for steel models such as Dad Remembered to $3199 for the Sienna Bronze
NRG Energy plans to construct a giant solar plant in Santa Teresa, New Mexico, to supply electricity to West Texas Electric. The plant will have 390,000 heliostats to concentrate sunlight onto 32
Many college students have Visa credit cards that carry an interest rate of "simple 24% per year" (that is, 2% per month). When the balance on such a card is $5000, the minimum payment is $110.25.(a)
Bart is an engineering graduate who did not take the engineering economy elective during his B.S. degree course work. After working for a year or so, he found himself in financial trouble, and he
AT&T announced that the early termination fee for smart phones will jump from $175 to $375. The fee will be reduced by $10 each month of the 2-year contract. Wireless carriers justify the fees by
What is the future worth of a present cost of $285,000 to Monsanto, Inc. 5 years from now at an interest rate of 2% per month?
Environmental Recovery Company RexChem Partners plans to finance a site reclamation project that will require a 4-year cleanup period. The company plans to borrow $3.6 million now. How much will the
For the cash flows shown below, determine the equivalent uniform worth in years 1 through 5 at an interest rate of 18% per year, compoundedmonthly.
For the cash flow diagram shown, solve for F, using an interest rate of 1% permonth.
According to the Government Accountability Office (GAO), if the U.S. Postal Service does not change its business model, it will lose $480 million next month and $500 million the month after that, and
Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be $100,000 in year 1 and increase by 4% each year through year 5. What is the present worth of the
If you deposit $1000 per month into an investment account that pays interest at a rate of 6% per year, compounded quarterly, how much will be in the account at the end of 5 years? There is no
Freeport McMoran purchased two model MTVS peristaltic pumps (to inject sulfuric acid and King Lee antiscalant) for use at its nanofiltration water conditioning plant. The cost of the pumps was $950
Income from recycling paper and cardboard at the U.S. Army's Fort Benning Maneuver Center has averaged $3000 per month for 2½ years. What is the future worth of the income (after the 2½ years) at
The Autocar E3 refuse truck has an energy recovery system developed by Parker Hannifin LLC that is expected to reduce fuel consumption by 50%. Pressurized fluid flows from carbon fiber-reinforced
What effective interest rate per year is equal to 1.2% per month, compounded continuously? Show hand and spreadsheet solutions.
What effective interest rate per quarter is equal to a nominal 1.6% per month, compounded continuously?
What nominal rate per month is equivalent to an effective 1.3% per month, compounded continuously?
Companies such as GE that have huge amounts of cash flow every day base their financial calculations on continuous compounding. If the company wants to make an effective 25% per year, compounded
U.S. Steel is planning a plant expansion that is expected to cost $13 million. How much money must the company set aside now in a lump-sum investment to have the money in 2 years? Capital funds earn
Periodic outlays for inventory control software at Baron Chemicals are expected to be $150,000 immediately, $200,000 in 1 year, and $350,000 in 2 years. What is the present worth of the costs at an
Many small companies use accounts receivable as collateral to borrow money for continuing operations and meeting payrolls. If a company borrows $300,000 now at an interest rate of 1% per month, but
The maintenance costs for furnaces at a copper smelting plant have been constant at $140,000 per year for the past 5 years. If the interest rate was 8% per year for the first 3 years and then it
By filling carbon nanotubes with miniscule wires made of iron and iron carbide, incredibly thin nanowires can be extruded by blasting the carbon nanotubes with an electron beam. If Gentech
Find (a) the present worth P, and (b) the equivalent uniform annual worth A for the cash flows shownbelow.
An effective 12.68% per year, compounded monthly, is the closest to:(a) 12% per year(b) 12% per year, compounded annually(c) 1% per month(d) 1% per month, compounded annually
For an interest rate of 2% per month, the effective semiannual interest rate is:(a) 2.02%(b) 12.005%(c) 12.31%(d) 12.62%
An engineer who is saving for her retirement plans to deposit $500 every quarter, starting one quarter from now, into an investment account. If the account pays interest at 6% per year, compounded
The cost of replacing part of a cell phone video chip production line in 6 years is estimated to be $500,000. At an interest rate of 14% per year, compounded semiannually, the uniform amount that
Multiple Choice Questions1. The term annual percentage rate is the same as:(a) Effective rate(b) Nominal rate(c) Annual percentage yield(d) All of the above2. An interest rate is an effective rate
Multiple Choice Questions1. In solving uniform series problems, n in the standard factor notation equation is equal to the number of arrows (i.e., cash flows) in the original cash flow diagram
The Carroltons are deliberating whether to purchase a house or continue to rent for the next 10 years. They are assured by both of their employers that no transfers to new locations will occur for at
What is the difference between mutually exclusive alternatives and independent projects?
(a) What is meant by the do-nothing alternative?(b) When is the do-nothing alternative not an option?
(a) How many alternatives are possible from four independent projects identified as W, X, Y, and Z? (b) List all of the possibilities.
What is the difference between a revenue and a cost alternative?
What is meant by the term equal service?
What two approaches can be used to satisfy the equal-service requirement?
A company that manufactures magnetic membrane switches is investigating two production options that have the estimated cash flows shown ($1 million units). Which one should be selected on the basis
The manager of a canned food processing plant must decide between two different labeling machines. Machine A will have a first cost of $42,000, an annual operating cost of $28,000, and a service life
A metallurgical engineer is considering two materials for use in a space vehicle. All estimates are made.(a) Which should be selected on the basis of a present worth comparison at an interest rate of
To retain high-performing engineers, a large semiconductor company provides corporate stock as part of the compensation package. In one particular year, the company offered 1000 shares of either
The Murphy County Fire Department is considering two options for upgrading its aging physical facilities. Plan A involves remodeling the fire stations on Alameda Avenue and Trowbridge Boulevard that
Delcon Properties is a commercial developer of shopping centers and malls in various places around the country. The company needs to analyze the economic feasibility of rainwater drains in a 60-acre
A public water utility is trying to decide between two different sizes of pipe for a new water main. A 250-mm line will have an initial cost of $155,000, whereas a 300-mm line will cost $210,000.
The supervisor of a community swimming pool has developed two methods for chlorinating the pool. If gaseous chlorine is added, a chlorinator will be required that has an initial cost of $8000 and a
Anion, an environmental engineering consulting firm, is trying to be eco-friendly in acquiring an automobile for general office use. It is considering a gasoline-electric hybrid and a gasoline-free
A pipeline engineer working in Kuwait for the oil giant BP wants to perform a present worth analysis on alternative pipeline routings-the first predominately by land and the second primarily
An electric switch manufacturing company has to choose one of three different assembly methods. Method A will have a first cost of $40,000, an annual operating cost of $9000, and a service life of 2
Midwest Power and Light operates 14 coal-fired power plants in several states around the United States. The company recently settled a lawsuit by agreeing to pay $60 million in mitigation costs
Machines that have the following costs are under consideration for a robotized welding process. Using an interest rate of 10% per year, determine which alternative should be selected on the basis of
Throughout the present worth analyses, the decision between seawater and groundwater switched multiple times in Examples 5.2 and 5.4. A summary is given here in $1 million units.The confusion about
Accurate airflow measurement requires straight unobstructed pipe for a minimum of 10 diameters upstream and 5 diameters downstream of the measuring device. In a field application, physical
An engineer is considering two different liners for an evaporation pond that will receive salty concentrate from a brackish water desalting plant. A plastic liner will cost $0.90 per square foot
A sports mortgage is the brainchild of Stadium Capital Financing Group, a company headquartered in Chicago, Illinois. It is an innovative way to finance cash-strapped sports programs by allowing fans
A chemical processing corporation is considering three methods to dispose of a non-hazardous chemical sludge: land application, fluidized-bed incineration, and private disposal contract. The
An assistant to Stacy gave her the PW values for four alternatives they are comparing for the development of a remote control vibration control system for offshore platform application. The results
An industrial engineer is considering two robots for purchase by a fiber-optic manufacturing company. Robot X will have a first cost of $80,000, an annual maintenance and operation (M&O) cost of
Two processes can be used for producing a polymer that reduces friction loss in engines. Process T will have a first cost of $750,000, an operating cost of $60,000 per year, and a salvage value of
Compare the alternatives shown below on the basis of a future worth analysis, using an interest rate of 8% peryear.
Two manufacturers supply MRI systems for medical imaging. St. Jude's Hospital wishes to replace its current MRI equipment that was purchased 8 years ago with the newer technology and clarity of a
A retail shopping center developer signed a contract to build a $100 million high-end shopping center in City Center, because the city and county governments agreed to sales and tax rebates totaling
A wealthy businessman wants to start a permanent fund for supporting research directed toward sustainability. The donor plans to give equal amounts of money for each of the next 5 years, plus one now
Bob, a philanthropist, is not sure what rate of return his gifts may realize once donated to his favorite charity. Determine the capitalized cost of $10,000 every 5 years forever, starting 5 years
Find the capitalized cost of a present cost of $300,000, annual costs of $35,000, and periodic costs every 5 years of $75,000. Use an interest rate of 12% per year.

Showing 3500 - 3600 of 28069

First
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
Last

Services

Sitemap
Fun
Definitions
Become Tutor
Study Help Categories
Recent Questions
Expert Questions

Company Info

Security
Copyrights
Privacy Policy
Terms & Conditions
SolutionInn Fee
Scholarship

Get In Touch

About Us
Contact Us
Career
Jobs
FAQ
Campus Ambassador

Secure Payment

Download Our App

© 2024 SolutionInn. All Rights Reserved