You plan to make five deposits of $1,000 each, one every 6 months, with the first payment being made in 6 months. you will then make no more deposits. if the bank pays 6% nominal interest, compounded semiannually, how much will be in your account after 3 years? one year from today you must make a payment of $4,000. to prepare for this payment, you plan to make two equal quarterly deposits (at the end of quarters 1 and 2) in a bank that pays 6% nominal interest compounded quarterly. how large must each of the two payments be?

What are ways individuals may reduce their total education and training costs?

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →