if you plan to have 4,000,00 when you retire, how long will you be able to withdraw 500,000 per year if the account earns interest at a rate of 6% per year(Hint: use interpolation)?8) corrosion problems- and manufacturing defeat rendered gasoline pipeline between El Paso and Phoenix subject to longitudinal weld seam failure. Therefore. the pressure washer is used to 80% of the de sign value. If the reduced pressure results in delivery of $100,000 per month less product what will be the value of the last revenue after a 3-year period at an interest rate of 11.940397% per year compared it consensually! 

1. An engineer deposits $2,000 per month for four years at a rate of 24% per year, compounded semiannually. How much will he be able to withdraw 10 years after his last deposit ? 2. In order to have money available for replacing their family vehicle, a couple planned to have $220,000 available in 10 years by investing in a global mutual fund. If they plan to increase their savings by 10% each year, how much must they invest in year 1 if they expect to earn 10% per year on their investments? 3. What is the future worth of $1,000 in month 1, $1,040 in month 2, and amounts increasing by $40 per month through month 12, at the end of year 2 if the interest rate is 23.7631528% per year, compounded continuously? 4. The Shockers Company is considering making a bid to buy Pacific Gulf Petroleum (PGP) Company. PGP has several oil wells producing 200,000 barrels per month. It is expected that the oil production will increase 2% per month for the next 3 years. The price of oil is $50 per barrel for 3 years and is not expected to change. The operating expenses are $10 million per month and are expected to decrease by $100,000 each month. The company's MARR is 24% per year, compounded monthly. What is the maximum price Shockers Company should bid for PGP? 5. Using an interest rate of 19.089023% per year compounded semi annually find the appropriate value for C that makes the following two cash flow diagrams equivalent. Project A Year Cash Flow -3 500.00 -2 -1 0 1 2 3 200.00 160.00 128.00 102.40 81.92 Year 0 1 2 3 5 6 Project B Cash Flow 1200 50C 70C 90C 110C 6. You have just purchased a new house for $150,000! You have been given a financing option that allows you to make yearly payments for 20 years at an interest rate of 6%. In order to take advantage of this, you must put $25,000 down. What is the yearly payment? After the fifth payment, what lump-sum amount would completely pay off the loan?