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A. An equipment was purchased for $73,244. What is the required payment per year to completely pay off the mortgage in 20 years, assuming an

A. An equipment was purchased for $73,244. What is the required payment per year to completely pay off the mortgage in 20 years, assuming an interest rate of 5%?

B. How much must you deposit each year to have $19,328 at the end of 15 years with money worth 7%?

C.You have been asked to evaluate a project that may increase plant capacity for manufacturing high-pressure hydraulic hoses. The parameters associated with the project below. What is the present worth of the project at interest of 12% per year?

Capital Cost - $58,632

Maintenance Cost - $4000 / year

Salvage Value - $12000

Life (years) - 5

(PLEASE HELP AND ANSWER SEPERATE)

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