Trainee's nome.. Engineering Economy Academic Number Each question.so be evaluated by 12.5B-201 Marks Question you have agreed to loan a friend $ 5000 for 5 years at a simple interest rate 8% per year. How much interest will you receive from the loan? How much will your friend pay you at the end of 5 years? op.x.cCUANCES Question2: If $500 wore deposited in a bank saving account, how much would be in the account three years hence if the bank paid 6% interest compounded quarterly? Show Up your calculIDOCIS Question3 if you wish to have $800 in a savings account at the end of 4 years, and 5% interest was paid annually. how much should you put into the savings account now? www.wp.stat.calculatic.co Question: the estimations of a car maintenance as Assume the maintenance costs occur at the end of each year and that the bank pays 5% interest. How much should the car owner deposit in the bank now? Stick up your calculations www A Me Questins A man deposits $500 in a credit union at the end of each year for 5 years. The credit union pays 5% interest, compound annually. At the end of 5 years, immediately after the fifth deposit, how much does the man have in his account? Show up your calculations

Questiont you have agreed to loan a friend 55000 tor 5 years at a simble intarast rate 8% per yese. low much interese witl you receive from the loan? How much wil your friend pay pou at the end of 5 years? hence it the bank pavd 68 interesf canpounded guarterin? how much should you put into the savings accosint now? Questiond the estimatians of a cor maintertance os Assume the mavionsnce costs occur ar the end of each year and that the bank poys 58 interest How much showid the car owner deposit in the bank now? interest, compound anmually Ar the end of 5 vears immediately after the finh deposit, how much does the man hove ifl his accoun?? Questionb, On a certain piece of machinery, it is estimated that the maintonance expense will be as follows What is the equivalent uniform annual maintenance cost for the machinery if 6% interest is used? Question7. The first-year maintenance cost for a new automobile is estimated to be 5100 , and it increases at a uniform rate of 10% per year. Using an 8% interest rate, calculate the present worth of cost of the first 5 years of mainenance Sngwuevour ceticulations Question8: Consider the situation of a person depositing \$700into a bank that pays 5 Finterest, compounded semiannully. How much would be in the savings account at the end of ane year? Question?: If a savings bank pays hasinterest every 3 months, what are the nominal and effective interest rates per year? Snow up your calcutations