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26. A manufacturer of prototyping equipment wants to have 3,000,000 available 10 years from now so that a new product line can be initiated. If

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26.

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A manufacturer of prototyping equipment wants to have 3,000,000 available 10 years from now so that a new product line can be initiated. If the company plans to deposit money each year, starting from now, the equation that represents how much the company is required to deposit each year at 10% per year interest to have the $3,000,000 immediately after the last deposit is: A. 3,000,000(A/F,10%,10) B. 3,000,000(A/F, 10%,1 1) C. 3,000,000+3,000,000(A/F, 10%,10) D. 3,000,000(A/P, 10%,10)Your credit card company charges 19% per year, compounded monthly. The effective annual interest rate is closest to: a. 19.00% b. 20.40% c. 20.75% d. 1.58%The following Integer Linear Program represents a capital budgeting problem: pc Maximize: 2200x1 + 4500x2 + 1115x3 Constraints: 3000x1 + 2000x2 + 5000x3

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