Consider the following sequence of year-end cash flows: EOY: 1 2 3 4 5 CASHFLOW $8,000 $15,000 $22,000 $29,000 $36,000 What is the uniform annual equivalent if the interest rate is 12% per year? A. $12,422 B. $17,511 C. $20.422 D. $22,000 E. $23,204 Formula used: __________ What is the principal remaining after 20 monthly payments have been made on a $20,000 five-year loan ? The annual interest rate is 12% compounded monthly. A. $17,094 B. $16,073 C. $14,579 D. $13,333 E. $10,224 Formula used: ___________ Given I = $-100,000; A = $-24,000; N = Infinity; and interest rate of 8% per year; the correct equation to calculate the capitalized cost of a project with those estimates is: A. [-100,000 - 24,000(P/A, 8%, Infinity)] Times (0.08) B. -100,000 + (- 24.000/0.08) C. (-100.000(A/P, 8%, 6) - (24,000)/0.08] D. -100.000 - 124.000(P/A, 8%, 6)] + (0.08) The maintenance cost of a certain machine is $1000 per year for the first 5 years and $2000 per year for the net 5 years. At an interest rate of 10% per year, the present worth of the maintenance cost is closest to A. $7,740 B. S7.990 C. $8,480 D. $8,790 Formula used: _________ A 1 -year interest rate of 12% per year, compounded continuously, is closest to the following interest rate: A. 1% monthly effective rate B. 3.25% effective quarterly rate C. Simple 12.75 % per year D. All of the preceding Formula used: __________ The perpetual annual worth of investing $80,000 now and $20,000 per year starting in year 11 and continue forever at 10% per year is closest to: A. $ 28,000 B. $ 18,600 C. $15,700 D. $12,800 Formula used: _______ If a person begins saving money by depositing $2000 now and then increases the deposit by $300 each through year 10, at an interest rate of 10% per year, the annual worth of these savings is closest to A. $3750 B. $3570 C. $3530 D. $3500 Formula used: ______________