1.

You deposited $5,000 in a savings account. The account will earn 10 percent annual compound interest, which will be added to the fund balance at the end of each year.

Factors to use for n=10, I =10% (DO NOT USE ANY OTHER FACTORS OR EQUATIONS)

Future Value of $1 2.59374

Future Value of an Annuity of $1 15.93742 Present Value of $1 0.38554 Present Value of an Annuity of $1 6.14457

What is the total interest earned for the 10 years?

2.

Malone Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $59,910. The equipment will have an initial cost of $195,710 and have a 5-year life. The salvage value of the equipment is estimated to be $17,500.

Factors to use for n=5, I =10% (DO NOT USE ANY OTHER FACTORS OR EQUATIONS) Present Value of an Annuity of $1 3.7908 Present Value of $1 0.6209 Future Value of an Annuity of $1 6.1051 Future Value of $1 1.6105

If the hurdle rate is 10%, what is the approximate net present value? Ignore income taxes.

3.

Yangs standard labor cost of producing one unit of Product One is 1.8 hours at a rate of $10.2 per hour. During August, 2,502 hours were incurred at a cost of $12.8 per hour to produce 1,293 units of Product One.

Yangs direct labor efficiency variance is $__________

Indicate the amount and whether it is Favorable or Unfavorable by placing F or U by amount, do not skip a space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F.

Show your answer as an absolute number (no negative signs)

4.

Mark, Inc purchases equipment for $53,060. The equipment will be depreciated over 5 years with no residual value. Marks annual cash flows for the year will be $73,360. Marks operating net income will be $_________

please help with these 4 questions and their process. Appreciate it.