expand icon
book Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman cover

Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

النسخة 8الرقم المعياري الدولي: 978-1305585454
book Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman cover

Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

النسخة 8الرقم المعياري الدولي: 978-1305585454
تمرين 32
You arc the finance manager for Olympia Industries. The company plans to purchase $1,000,000 in new assembly line machinery in 5 years.
a. How much must be set aside now at 6% interest compounded semiannually to accumulate the $1,000,000 in 5 years
b. If the inflation rate on this type of equipment is 4% per year, what will be the cost of the equipment in 5 years, adjusted for inflation
c. Use the inflation-adjusted cost of the equipment to calculate how much must be set aside now.
d. Use the present value formula to calculate how much would be required now if you found a bank that offered 6% interest compounded daily.
التوضيح
like image
like image
no-answer
هذا السؤال ليس له إجابة موثقة من أحد الخبراء بعد، دع الذكاء الاصطناعي Copilot في كويز بلس يساعدك في إيجاد الحل.
close menu
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
cross icon