You deposited $8,300 in a savings account. The account will earn 10 percent annual compound interest, which will be added to the fund balance at the end of each year.

Factors to use for n=10, I =10% (DO NOT USE ANY OTHER FACTORS OR EQUATIONS)

Future Value of $1 2.59374

Future Value of an Annuity of $1 15.93742 Present Value of $1 0.38554 Present Value of an Annuity of $1 6.14457

What is the total interest earned for the 10 years?

Question 9 O out of 0.2 points Mark, Inc purchases equipment for $54,510. The equipment will be depreciated over 6 years with no residual value. Mark's annual cash flows for the year will be 593,830. Mark's operating net income will be Question 10 O out of 0.2 points Malone Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $28.700. The equipment will have an initial cost of $165,550 and have a 5-year life. The salvage value of the equipment is estimated to be $23.950. 5.8666 Factors to use for n=5, I=8% (DO NOT USE ANY OTHER FACTORS OR EQUATIONS) Future Value of an Annuity of $1 Future Value of $1 1.4693 Present Value of an Annuity of $1 3.9927 Present Value of $1 0.6806 If the hurdle rate is 8%, what is the approximate net present value? Ignore income taxes. Question 11 O out of 0.2 points The standard price of materials is $4.3 per pound and the standard quantity allowed for actual output is 5,130 pounds. If the actual quantity purchased and used was 5,700 pounds, and the actual price per pound was $5.7, the direct materials price variance is Indicate whether the variance is F (favorable) or U (Unfavorable) by placing the letter next to the amount. For example, if your answer is 1,000 Favorable, answer 1000F, Do not use a space between the amount and the letter. Show your answer as an absolute number (no negative signs)