Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A small scale mining investment is expected to generate $30,000 per year in profits over the next 12 years. If these profits are invested in

image text in transcribed
A small scale mining investment is expected to generate $30,000 per year in profits over the next 12 years. If these profits are invested in a mutual fund account that earns a market interest rate of 12% per year, calculate how much the fund will be worth after the 12 years in actual dollars and in real dollars. Inflation is expected to average 4% per year over that period. Click the icon to view the interest and annuity table for discrete compounding when i = 4% per year. Click the icon to view the interest and annuity table for discrete compounding when / = 12% per year. question I - X - X In actual dollars: More Info More Info Discrete Compounding; /= 4% Discrete Compounding; / = 12% Single Payment Uniform Series Single Payment Uniform Series Compound Compound Capital Compound Capital Compound question 2 Amount Present Amount Present Sinking Fund Recovery Amount Present Amount Present Sinking Fund Recovery Factor Worth Factor Factor Worth Factor Factor Factor Factor Worth Factor Factor Worth Factor Factor Factor In real dollars: To Find F To Find P To Find F To Find P To Find A To Find A To Find F To Find P To Find F To Find P To Find A To Find A Given P Given F Given A Given A Given F Given P Given P Given F Given A Given A Given F Given P F/P P/F F/A P/A A/F A/P F/P P/F F/A P/A A/F A/P Z 0.9615 1.0000 1.1200 0.8929 1.0000 0.8929 1.0000 1.0400 1.0000 0.9615 1.0400 1.1200 1.0816 0.9246 2.0400 1.8861 0.4902 0.5302 1.2544 0.7972 2.1200 1.6901 0.4717 0.5917 1.1249 0.8890 3.1216 2.7751 0.3203 0.3603 1.4049 0.7118 3.3744 2.4018 0.2963 0.4163 0.3292 1.1699 0.8548 4.2465 3.6299 0.2355 0.2755 1.5735 0.6355 4.7793 3.0373 0.2092 1.2167 0.8219 5.4163 4.4518 0.1846 0.2246 1.7623 0.5674 6.3528 3.6048 0.1574 0.2774 1.2653 0.7903 6.6330 5.2421 0.1508 0.1908 1.9738 0.5066 8.1152 4.1114 0.1232 0.2432 1.3159 0.7599 7.8983 6.0021 0.1266 0.1666 2.2107 0.4523 10.0890 4.5638 0.0991 0.2191 1.3686 0.7307 9.2142 6.7327 0.1085 0.1485 2.4760 0.4039 12.2997 4.9676 0.0813 0.2013 1.4233 0.7026 10.5828 7.4353 0.0945 0.1345 2.7731 0.3606 14.7757 5.3282 0.0677 0.1877 NOUAWNOOOYOUAWN- Z 1.4802 0.6756 12.0061 8.1109 0.0833 0.1233 3.1058 0.3220 17.5487 5.6502 0.0570 0.1770 8 T O O UA W NJORO YOUIA WN - 1.5395 0.6496 13.4864 8.7605 0.0741 0.1141 3.4785 0.2875 20.6546 5.9377 0.0484 0.1684 1.6010 0.6246 15.0258 9.3851 0.0666 0.1066 3.8960 0.2567 24.1331 6.1944 0.0414 0.1614 1.6651 0.6006 16.6268 9.9856 0.0601 0. 1001 4.3635 0.2292 28.0291 6.4235 0.0357 0.1557 1.7317 0.5775 18.2919 10.5631 0.0547 0.0947 4.8871 0.2046 32.3926 6.6282 0.0309 0.1509 1.8009 0.5553 20.0236 11.1184 0.0499 0.0899 5.4736 0.1827 37.2797 6.8109 0.0268 0.1468 1.8730 0.5339 21.8245 11.6523 0.0458 0.0858 6.1304 0.1631 42.7533 6.9740 0.0234 0.1434 1.9479 0.5134 23.6975 12.1657 0.0422 0.0822 6.8660 0.1456 48.8837 7.1196 0.0205 0.1405 2.0258 0.4936 25.6454 12.6593 0.0390 0.0790 7.6900 0.1300 55.7497 7.2497 0.0179 0.1379 2.1068 0.4746 27.6712 13.1339 0.0361 0.0761 8.6128 0.1161 63.4397 7.3658 0.0158 0.1358 2.1911 0.4564 29.7781 13.5903 0.0336 0.0736 9.6463 0.1037 72.0524 7.4694 0.0139 0.1339

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Water Pollution Economics Aspects And Research Needs

Authors: Allen V Kneese

1st Edition

1317387554, 9781317387558

More Books

Students also viewed these Economics questions

Question

Determine the z parameters of the two-port in Fig. 19.110. 1:3 4

Answered: 1 week ago

Question

donner les consequences majeurs du buffer overflow attack

Answered: 1 week ago