Business, 01.03.2021 21:40 emmadownum

What amount must be invested today at an annual interest rate of 5.5% if you want to purchase a $550,000 machine 5 years in the future? a. What is the number of time periods (n) you should use?
b. What rate of intertest (i), per period of time, should be used in solving this problem?
c. Is the present single amount of money (P) known? (yes or no)
d. What is the desired future amount?
e. Which time value factor should be used to solve this problem?
f. What is the total amount of money that must be invested today?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 10:00

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Answers: 3

Answer

Business, 22.06.2019 21:30

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.

Answers: 1

Answer

Business, 22.06.2019 22:00

Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. she will invest in a mutual fund that's expected to provide a return of 7.5% per year. she plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. under these assumptions, how much can she spend each year after she retires? her first withdrawal will be made at the end of her first retirement year.

Answers: 3

Answer

Business, 22.06.2019 22:00

Gyou are in charge of making the work schedule for the next two weeks. typically this is not a difficult task as you work at a routine 8am – 5pm company. however, over the next two weeks you are required to schedule someone to be in the office each saturday. after contemplating this for a few days you make the schedule and assignments. before posting the schedule for everyone you decide that it is a good idea to meet personally with the two people you have scheduled to work the weekend. what do you say to them? what is your desired outcome?

Answers: 3

Answer

You know the right answer?

What amount must be invested today at an annual interest rate of 5.5% if you want to purchase a $550...

Questions