Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer these two questions thank you 4. Jewel makes year-end deposits of 1000 php the first year, 1050 php the second year and so

please answer these two questions thank you image text in transcribed
4. Jewel makes year-end deposits of 1000 php the first year, 1050 php the second year and so on, increasing the next year's deposit by 5% in the preceding year until the end of the 20th year. Gem makes a year-end deposits of 1000 php each year increasing the next year's deposit by a constant amount of 100 php in the preceding year until the end of the hot 20th year. If Interest on both funds is 10% compounded annually, What are the equivalent annuity of each savings? 5.A certain company makes it a policy that for any new piece of equipment, the annual depreciation lost should not exceed 10% of the First Cost while the Salvage Value is 10% of the First Cost. Determine the minimum length of service lite in years (n), necessary, if the depreciation method used is: SLM, SEM, SYM, DBM, DDBM 4. Jewel makes year-end deposits of 1000 php the first year, 1050 php the second year and so on, increasing the next year's deposit by 5% in the preceding year until the end of the 20th year. Gem makes a year-end deposits of 1000 php each year increasing the next year's deposit by a constant amount of 100 php in the preceding year until the end of the hot 20th year. If Interest on both funds is 10% compounded annually, What are the equivalent annuity of each savings? 5.A certain company makes it a policy that for any new piece of equipment, the annual depreciation lost should not exceed 10% of the First Cost while the Salvage Value is 10% of the First Cost. Determine the minimum length of service lite in years (n), necessary, if the depreciation method used is: SLM, SEM, SYM, DBM, DDBM

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

Step: 3

blur-text-image

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

Commodity Finance

Authors: Weixin Huang

2nd Edition

0857196650, 978-0857196651

More Books

Students also viewed these Finance questions