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January 22, 2017

Search: money in an account earns interest at a continuous rate of 8 per year

Number of results: 50,503

Maths Compound Interest
In a experiment the count of bacteria was increasing at the rate of 2.5% per hour. Initially, the count was 512000.Find the bacteria at the end of 2 hours?
August 19, 2016 by Vivek

Math- double check me please
In a shipment of 1200 parts, 60 were found to be defective. What percent of the parts were faulty? a.60 b. 1200 c what percent d. shipment answer:a Ms. Jefferson has been given a loan of 20,000 for a 1 year. If the interest charged is $800, what is the interest rate on the ...
March 28, 2008 by Sherrie

Math
Shantle and Kwamie are planning to buy their first home. Although they are excited about the prospect of being homeowners, they are also a little frightened. A mortgage payment for the next 30 years sounds like a huge commitment. They visited a few developments and scanned the...
July 9, 2014 by Chol

Pre Calculus 1
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the growth is exponential...
November 18, 2015 by Yasmine

math
Value of a new car depreciates at a rate of 12% per year. Approximately how many years will it take until the car is worth $2300?
March 16, 2013 by Hasane

math
A certain amount earns 10percent interest compounded annually .What is the minimum number of years(in integers) it takes to double the amount ??
March 8, 2012 by Anonymous

math
. A certain amount earns 10percent interest compounded annually .What is the minimum number of years(in integers) it takes to double the amount ??
March 8, 2012 by Anonymous

Business Finance
Vandalay Industries is considering the purchase of a new machine for the production of latex. Machine A costs $2,190,000 and will last for 7 years. Variable costs are 38 percent of sales, and fixed costs are $122,000 per year. Machine B costs $4,530,000 and will last for 11 ...
December 4, 2010 by Leigh

Math app
farmer Linton wants to find the best time to take her hogs to market. The current price is 88cents per pound, and her hogs weigh an average of 90 pounds. the hogs gain 5 pounds per week, and the market price for hogs is falling each week by 2 cents per pound. How many weeks ...
February 11, 2011 by anonymous

algebra
An annuity pays 7300 dollars on January 1 of each year, starting on January 1, 2000. If 16 payments are made and the effective rate of interest is 8.5 percent, what is the present value of the annuity on January 1, 1999?
November 14, 2011 by Anonymous

Finance
Say that you purchase a house for $270,000 by getting a mortgage for $235,000 and paying a $35,000 down payment. If you get a 15-year mortgage with a 8 percent interest rate, what are the monthly payments?
February 27, 2012 by Brittany

Math
Julia deposited 1/2 her paycheck in her savings account and 1/4of it in her checking account. She spent $22.76 of it on a T-shirt and then spent 1/4 of what was left of her paycheck on lunch. When she arrived home, she had $16.68 of her paycheck left. How much money did Julia ...
July 14, 2015 by Hi

7th grade math quick please
Mrs. Miller sells a house for $179,000. If she earns a commission of 6%, how much money does she earn? Write a proportion and show your work.
November 14, 2012 by Delilah

Business Math
You can lease a $17,000 car for $500 per month. For how long (to the nearest year) should you lease the car so that your monthly payments are lower than if you were purchasing it with an 7%-per-year loan?
May 24, 2016 by lita

Simple Interest & Maturity Value
On September 7, Jennifer Rick went to Park Bank to borrow $3,200 at 11 2/3% interest. Jennifer plans to repay the loan on January 5. Assume the loan is on ordinary interest (ordinary interest uses 360 days a year). Solving for: 1. interest Jennifer will owe on January 5 2. the...
February 16, 2012 by Angie

Environmental Science
India’s prime minister puts you in charge of that nation’s population policy. India has a population growth rate of 1.6% per year, a TFR of 2.7, a 49% rate of contraceptive use, and a population that is 71% rural. What policy steps would you recommend, and why? What do ...
September 28, 2014 by Aly

finance
You want to have $2 million in real dollars in an account when you retire in 30 years. The nominal return on your investment is 8 percent and the inflation rate is 5.3 percent. What real amount must you deposit each year to achieve your goal? (Do not round intermediate ...
March 14, 2015 by jake

math
A business is taking alon to buy equipment. the loan is 40,000, set at 4% interest and will be paid off in 12 years. the bank wants to save the business money by calculatine the interst on a Remainin-Balance basis in case he pays it off early The annual paymentis assumed to be...
November 26, 2012 by Susan

MATH
Use the following time value of money tables to answer the following questions. Assume that the annual rate of interest is 6% for each of the four following problems. i = 6% Time Periods (n) Future Value of 1 Present Value of 1 Future Value of an Annuity Present Value of an ...
September 26, 2015 by MARISSA

Finance
Bond with $1000 par value and a contract interest rate of 10.8%. Bonds current market rate is $1123 and matures in 10 years. Marginal tax rate is 34%. What is the cost of capital from this bond debt?
February 21, 2013 by Rob

Finance/Algebra
Suppose you bought an 8% coupon bond one year ago for $1090.00. The bond sells for $1063.00 today. Assuming a $1000 face value, what was ur total dollar return over the past year? What was the nominal rate of return over the past year? And, if inflation was 3%, what was ur ...
May 18, 2010 by Sunny

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 11, 2012 by Vanessa

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Vanessa

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Vanessa

Finance
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...
January 12, 2012 by Vanessa

Finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Sasha

Finance
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...
January 13, 2012 by Vanessa

finance
Your company will generate $45,000 in cash flow each year for the next nine years from a new information database. The computer system needed to set up the database costs $260,000. Assume you can borrow the money to buy the computer system at 8.25 percent annual interest.
October 1, 2012 by Anonymous

Math
Suppose that the number of bacteria in a certain population increases according to an exponential growth model. A sample of 2600 bacteria selected from this population reached the size of 2873 bacteria in two and a half hours. Find the continuous growth rate per hour. Write ...
February 21, 2011 by Rachal

Maths
adnan bought 96 eggs at the rate of Rs.40 per dozen and sold at the rate of Rs.4 per egg.find the percentage of profit,if 3 eggs were rotten.
October 13, 2016 by Rahim shah

math
jake put $ 600 in the bank for 4 years at 2.5% interest a) how much interest will he earn after three years b) what is the total amount in his bank account at the end of three years
May 11, 2010 by pranathy

Macroeconomics
Consider the following data: The money supply in $1 trillion, the price level equals 2, and real GDP is $5 trillion in base-year dollars. What is the income velocity of money?
December 2, 2012 by Karla

Algebra
Need to get these problems checked-- 21. Suppose inflation of money is at a rate of 3% per year in the US. How much will a $1 candy bar cost in 30 years? 1.03^30 * 1= $2.43 22. Find the next 3 terms of the geometric sequence 4, 10, 25. 125, 625, 3125? ..Not sure about this. 23...
June 17, 2010 by mysterychicken

math
or each month jack works he earns an increase or raise of $. 05 on his hourly pay if he has already worked for three months, which shows his 4th month's hourly rate in terms of his first month's hourly rate?
January 31, 2012 by dani

ALGEBRA
An investment of $93,000 was made by a business club. the investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second earned 6% and the third 9%. total interest from the investments was $7110. The interest from...
March 30, 2012 by XOCHIL

science
An average human heart rate is 70 beats per minute. How many times it beats over 70 year lifetime? use scientific notation. 365 = the number of days in a year 70 years /1 * 365 days / year = 25,550 25,550/1 * 24 hours/ day = 613,200 613,200/1 * 60 minutes/ hour =36,792,000 70 ...
September 2, 2007 by Tammy

Algebra
Suppose the estimated quadratic model Yt = 500 + 20 t - t2 is the best-fitting trend of sales of XYZ Inc. using data for the past twenty years (t = 1, 2,.., 20). Which statement is incorrect? A. The trend was higher in year 10 than in year 20. B. Latest year sales are no ...
August 30, 2010 by BC

math
austin invests 4500 with first national bank at 5 1/4% simple interest. how much interest does austin earn after one year?
April 8, 2010 by michele

biology
some species of insects e.g butterflies, are found in greater numbers at certain times of the year. Suggest 3 reasons to account for changes in population numbers throughout a year. fully explain each reason
January 18, 2010 by reka

Ecology
For low density sea otter populations in the North Pacific Ocean, the overall annual per capita birth rate (b) is about 0.7 and the death rate is about 0.5. Birth rate is not density-dependent but death rate is density-dependent, such that d’ = d+cN (where N = number of ...
April 21, 2016 by Anonymous

math- urgent help
For the following scenario, develop an equation and a set of 5 ordered pairs for equation: 1. the amount a sales person earns is a flat rate plus commission. 2. the volume of fuel in a snowmobiles tank related the distance travelled. 3. the cost of a hotel room is a flat fee ...
March 5, 2015 by tj

Compound Interest
Payments of $1,800 and $2,400 were made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthy thereafter. What amount was owed on the loan after ...
August 2, 2009 by Sat

Ecology (Ms.Sue)
.   If the birthrate is 10 per 1,000 and the death rate is 10 per 1,000, then the growth rate is    A. 10% B. 20%. C. 0%. D.100%. My best choice would be C.0%.
August 27, 2015 by Brooklyn

College Math - Quantitative Reasoning
Hello, I could really use some help with this problem. If the national economy shrank at an annual rate of 7​% per year for three consecutive​ years, then the economy shrank by 21​% over the three​-year period. - Of course, I understand 7% would be 93. I have tried ...
January 16, 2017 by Emily

word problem
An investment of $93,000 was made by a business club. the investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second earned 6% and the third 9%. total interest from the investments was $7110. The interest from...
March 30, 2012 by XOCHIL

proper mathematics
Linda borrows 4000 from his father to go on a trip to Kenya.he will have to pay the money back in 10 years time.his father will charge him a simple interest rate of 4% p.a.how much will Linda have to repay after 10 years?
February 16, 2015 by perseverance smith

Math
The price of a home is $185,000. A down payment of 10% is required with 2 points at the time of closing. The home is financed over a 25 year period with a fixed rate of 4.5%. Find the monthly payment and total interest paid?
March 5, 2013 by Stacey

Economics/ Interest Rate
Let's consider a three-month U.S. government bond. The interest rate on these loans is very low because it includes only two of the five components. Which two components of the interest rate are most important for a three-month T-bond?? -Positive rate of time preference -...
June 14, 2007 by John

economics
1)Robert received a $100 gift certificate to a bookstore a year ago. The economy has been in an inflationary period for the last year. This gift certificate is A. not expressed in either real or nominal terms since it is not money. B. adjusted in terms of the CPI. C. expressed...
May 25, 2010 by Sue

economic
1)Robert received a $100 gift certificate to a bookstore a year ago. The economy has been in an inflationary period for the last year. This gift certificate is A. not expressed in either real or nominal terms since it is not money. B. adjusted in terms of the CPI. C. expressed...
May 25, 2010 by Sue

economics
1)Robert received a $100 gift certificate to a bookstore a year ago. The economy has been in an inflationary period for the last year. This gift certificate is A. not expressed in either real or nominal terms since it is not money. B. adjusted in terms of the CPI. C. expressed...
May 25, 2010 by sue

algebra
my scenario, to start a small business you will need a loan of $50.000 to purchase the restaurant. The bank interest rate 9% that compounds monthly for 7 years. What is the monthly payment for this loan, what is the fomula that you will use and the values for each variable to ...
November 12, 2012 by Becky

Compound Interest!
Two payments of $10,000 and $12,000 must be made 1 year and 4 years from now. If money can earn 9% compounded monthly, what single payment 2 years from now would be equivalent to the two scheduled payments?
March 26, 2010 by Thara!

Linear Programming
Finco must determine how much investment and debtto undertake during the next year. Each dollar invested reduces the NPV of the company by 10¢, and each dollar of debt increases the NPV by 50¢ (due to deductibility of interest payments). Finco can invest at most $1 ...
May 14, 2012 by ama

Math
John has two part time jobs. He works no more than 40 hours per week. He earns $6 per hour from the first job and $8 per hour from the second job. To cover his expenses, he needs to earn at lease $210 per week. Which of the following system of linear inequalities shows the ...
May 14, 2012 by Shadia

Econ
Need help on this question, I tried the ones i know. a The consumption function is C = 1.5 + 0.75(Y-T). What is the marginal propensity to consume, MPC? What is the marginal propensity to save, MPS? ans: MPC=0.75 and MPS=1-MPC=0.25 correct? b The trade balance is TB = 5(1-[1/E...
July 21, 2008 by Bo

Finance
What is the 1 year operating cash flow? Sales $33,000 Depreciation $10,000 Other operating costs $17,000 Interest expense $4,000 Tax rate 35%
April 28, 2010 by John B

math
Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 3.5%/year compounded monthly. If the future value of the annuity after 12 years is $50,000, what was the size of each payment? (Round your answer to the nearest cent.)
November 20, 2015 by phalyn

Math
Which expressions could complete this equation so that it has one solution? 4(4x - 3) - 6x *There are two answers* 12x - 12 -2x ** 9x - 12 4x + 2(3x - 6) 4(2x + 3) - 24 ** Marie has $830 in her bank account and withdraws $60 each month. Denise has $970 in her bank account and ...
October 6, 2014 by Anonymous

math
Here is the information for two pay-as-you-go cell phone companies, On Call- 3.5 hours: $10 Talk Time- 1/2 hour: $1.25 1)What is the unit rate in dollars per hour for each company? 2)Which company offers the best deal? Explain your answer. 3)Another company offers a rate of $0...
October 6, 2015 by Tim

Maths
Find the total amount required to pay off a loan of 16000 plus interest at the end of 8 years if the interest is compounded half-yearly and the rate is 14% p.a.
June 18, 2013 by Shane

Math
Raimo borrowed $750 from Chris on October 30 and agreed to repay the debt with simple interest at the rate of 12.3% on May 10. How much interest was owed on May 10? Assume that February has 28 days.
May 5, 2014 by Anonymous

Math Personal Finance
Assume a 30-month CD purchased for $4000 pays simple interest at an annual rate of 5.5%. How much total interest does it earn? What is the balance at maturity?
June 8, 2014 by Alexis

maths
Raimo borrowed $830 from Chris on October 19 and agreed to repay the debt with simple interest at the rate of 5.1% on May 18. How much interest was owed on May 18? Assume that February has 28 days.
September 23, 2016 by sukhman

Algebra
1.Solve 2x = 5x2 for x. A. 2.322 B. 0.431 C. 0 and 2.322 D. 0 and 0.431 2.Which of these is a factor of 2x100 − x7 − 1? A. x B. x − 2 C. x + 1 D. x − 1 3.If P(x) is a polynomial with P(–6) = –1.12 and P(–5) = 0.6 then which of the following must ...
May 5, 2012 by nash

Economics
1) Which of the following is an example of a measure of labor productivity? a. Autos get 30 gallons to the mile. b. The growth rate of per capita real GDP is 3.5 percent per year. c. Farm workers produce 30 bushels of wheat per worker per day. d. Wages increase by 3.5 percent ...
June 8, 2010 by Suzy

compund interest
Payments of $1800 and $2400 weere made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthly thereafter. What amount was owed on the loan after ...
August 5, 2009 by thara

management
What factors account for the resurgence of interest in OSCM today?
March 19, 2011 by Anonymous

finance
Winnebagel Corp. currently sells 29,400 motor homes per year at $44,100 each, and 11,760 luxury motor coaches per year at $83,300 each. The company wants to introduce a new portable camper to fill out its product line; it hopes to sell 20,580 of these campers per year at $11,...
April 16, 2012 by angiza

writing
If I could get some help? I was wonderung if I had done this right.Write two paragraphs about how interest rates affect our purchasing decisions. Identify the topic sentence in each by underlining it. I have determined that the first two sentences in each paragrapg are the ...
August 12, 2011 by Anonymous

Finance
You just borrowed $15,000 from a bank. If you pay $4,000 at the end of each year over the next 5 years, you will pay off the loan. What is the interest rate on the loan?
June 11, 2012 by Brian

Math
if the interest rate on a home mortgage is 9%, then each month you pay 0.75% of the unpaid balance in interest. if the unpaid balance on one such loan is $60,000 at the beginning of a month, how much interest must be paid that month?
October 15, 2012 by Rodney

Math
An investment of $3,000 is made at an annual simple interest of 5%. How much additional monery must be invested at an annual simple interest rate of 8% so that the total annual interest earned is 7.5 of te original amount that you invested?
March 30, 2016 by Anonymous

Accounting
Please Help I have no idea how to do this! I have to prepare a adjusting entry for year ended December 31, 2008 A. One third of the work related to 15,000 cash received in advance is performed this period. The company has a bank loan and has incurred but not recorded interest ...
September 16, 2006 by Amber

Public Finance
A corporation has $7 mil. in equity. During the tax year it takes in $4 million in receipts and earns $ 2 million in capital gains from sale of subsidiary. It incurs labor costs of $1 million, interest costs of $250,000, material costs of $500,000, and pays rent for structure ...
January 29, 2011 by Mel

business math/finance
1. If you were to place $15,000 in the bank at 3% interest, how much would you have in the bank after one year if the interest were compounded quarterly?
March 11, 2013 by shaunta

Economics
How are you helping businesses expand when you put money in a savings account?
July 20, 2012 by alex

analogies
Letter is to mail as money is to (a)bank (b)savings (c)invest (d)account
November 26, 2016 by jasmine

Math
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000 voters conducted by ...
November 16, 2016 by MATH help

equations
The linear equation y=0.15x + 0.79 represents an estimate of the average cost of gas for year x starting in 1997. The year 1997 would be represented by x = 1, for example, as it is the first year in the study. Similarly, 2005 would be year 9, or x = 9. a)What year would be ...
October 24, 2009 by Anonymous

maath 116
3. The linear equation represents an estimate of the average cost of gas for year x starting in 1997. The year 1997 would be represented by x = 1, for example, as it is the first year in the study. Similarly, 2005 would be year 9, or x = 9. a) What year would be represented by...
January 20, 2010 by Juan

math
1. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
October 28, 2011 by gaurav

math
1. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
October 28, 2011 by gaurav

math
4. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
October 29, 2011 by gaurav

accounting
Logan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 38,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $567,...
September 8, 2012 by sally

math
Jenna has $1500 in a savings account. She adds $30 to her account each month. Luis has $2400 in his savings account. He withdraws $30 from his account each month. Write and solve a system of equation.
November 8, 2012 by sahar

Math- Ms. Sue.. anyone!
Which expressions could complete this equation so that it has one solution? 4(4x - 3) - 6x *There are two answers* 12x - 12 -2x ** 9x - 12 4x + 2(3x - 6) 4(2x + 3) - 24 ** Marie has $830 in her bank account and withdraws $60 each month. Denise has $970 in her bank account and ...
October 6, 2014 by Anonymous

Math
Real Reverse Nominal Returns You purchase 100 shares of stock for $40 a share. The stock pays a $2 per share dividend at year-end. What is the rate of return on your investment for these end-of-year stock prices? What is your real (inflation-adjusted) rated of return? Assume ...
March 21, 2007 by Antoinette

Economics
A $90,000 investment is made. Over a 5 year period, a return of $30,000 occurs at the end of the first year. Each successive year yields a return that is $3,000 less than the previous year's return. If money is worth 5 percent, use a gradient series factor to determine the ...
February 23, 2013 by katie

Finance
We are considering the introduction of a new product. Currently we are in the 34% tax bracket with a 15% discount rate. This project is expected to last five years and then, because this is somewhat of a fad project, it will be terminated. The following information describes ...
November 28, 2012 by Anonymous

calculus
the side of a cube is expanding at a constant rate of 2 centimeters per sesond. what is the instantaneous rate of change of the surface area of the cube, in cm2 per second, when its volume is 27 cubic cm
December 30, 2010 by Felicia

Alg I
Please explain how to solve: Laura can pressure wash her driveway at an average rate of 15 square feet per minute. Which is closest to this rate in square yards per second? A. 0.35 B. 0.24 C. 0.03 D. 0.01
June 3, 2012 by Jane

5th grade math (word problems)
I'm not sure how to solve the following problem. I don't think i have enough information. Ali deposited $120 in her savings account. This represents 75% of the money she received for her birthday. She pent the rest of her money on a lego toy. How much did the lego cost? Can ...
March 7, 2013 by Alex

finance
if tiny tots has a outstanding debt currently selling for 800 per bond. it matures in 20 years pays interest annually and has 14% coupon rate par is 1,000, what is the after tax cost of the debt?
September 4, 2013 by tasha

Business Dynamics
Calculate the single risk premium (to 2 decimal places) to be charged today on an insurance product that pays regular claims of $500 in 1,2,3,...,25 years from today. Use an interest rate of 4% per annum.
December 7, 2016 by Madison

Math
your aunt gives you a check on your birthday each year. on your first birthday , she gives you a check for one cent. the next year she gives you 3 cents , then 9. each year she triples the amount of the previous year 's check. how old will you be when she gives you a check ...
September 11, 2011 by Zach

math
arianna's mom deposits $80 in her lunch account. Lunch costs $2.50 per day. Write and solve an inequality to determine when there will be less than $20 in her account. I'm not sure how to set this up. would i subtract $80 to add it back to $20 on the other side of the ...
October 21, 2014 by Reece

Macro economics
1)Robert received a $100 gift certificate to a bookstore a year ago. The economy has been in an inflationary period for the last year. This gift certificate is A. not expressed in either real or nominal terms since it is not money. B. adjusted in terms of the CPI. C. expressed...
May 25, 2010 by Sue

Co-operate Finance
As the investment analyst for King breweries you are required to analyze the automated loom system in the Castle larger production line. The old system was purchased 5 years ago for $200,000. It falls in the accelerated cost recovery 5 year class and it has 5 years of ...
March 24, 2015 by Patricia

finance
Tyrone, age 25, expects to retire at age 60. He expects to live until age 90. He anticipates needing $45,000 per year in today’s dollars during retirement. Tyrone can earn a 12% rate of return and he expects inflation to be 4%. How much must Tyrone save, at the beginning of ...
November 7, 2016 by Anonymous

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