Apple 3-month plan Revenue Power Mac G4 Powerbook G4 iMac iBook $3.000 $4.000 $2.000 $2.500 Production Cost $2.100 $3.000 $1.200 $1.800 Production Hours 6 8 5 4 Minimum Production 5.000 5.000 5.000 5.000 Market Demand 25.000 15.000 30.000 17.500 Budget (hours) 250.000 Budget $90.000.000 Year Startup1 -150 Table 1 (in thousand TRY) Startup2 Startup3 -100 -200 150 -150 Startup4 -150 0 1 -200 2 -100 -200 3 -100 4 250 5 1.000 200 6 1.500 150 80 7 500 100 Question Answers 1 2 Answers should be positive numbers/percentages! Annual Interest Rate = Monthly Interest Rate x 12 What is the future value of $5,000 in three year, compounded monthly at a monthly interest rate of 1.07 % ? Find the monthly interest rate if you can pay back a loan of 17,500 TRY with monthly payments of 450 TRY for 4 years. What is the net present value of a series of 9 monthly payments of 150 TRY at an annual interest rate of 12.6 % where the first payment is now? Suppose you obtain a consumer credit of 160,000 TRY from the bank with an annual interest rate of 13.4 % and a payback period of 6 years. What are your monthly payments if the payments are to be made at the end of each month? 3 4