Calculate the future value of an investment of $2300, after 7 months, earning 6.6% apr, compounded monthly, by compounding manua
1 answer:
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Answer:
Alwan expect to pay for airplane 4= $747818.48
Explanation:
given data
expect to pay airplane = 4
3rd plane produce = 20,000 hours
learning curve = 85%
solution
As here logarithmic approach allow get labor for any unit, TN, as
TN = T1(Nb)
here TN is time for the Nth unit and T1 is hours to produce the first unit
so
b = (log of the learning rate) ÷ (log 2) = slope of the learning curve
so
T3 = T1(3log(0.85)÷log2)
so we get
So Alwan expect to pay for airplane 4 = $747818.48
Answer:
C $ 596.39
total payment 7,156.68
Interest expense 2,156.68
Explanation:
6,000 - 1,000 = 5,000 amount to finance
We will calcualte the cuota of an annuity of 6 years with semianual payment at 12% annual rate.
PV $5,000.00
time 12 (6 years times 2 payment per year)
rate 0.06 (12% annual we divide by 2 to get semiannual)
C $ 596.39
The total amount paid will be the cuota times the time of the loan:
Total amount paid
596.39 x 12 = 7,156.68
The interest will be the difference between the total amount paid and the principal of the loan
Interest paid
total payment 7,156.68
principal (5,000)
Interest expense 2,156.68