On January 1, 2020, Bonita Industries decided to begin accumulating a fund for asset replacement five years later. The company plans to make five annual deposits of $69000 at 7% each January 1 beginning in 2020. What will be the balance in the fund, on January 1, 2025 (one year after the last deposit)? The following 7% interest factors may be used. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 4 periods 3.3872 4.4399 5 periods 4.1002 5.75074 6 periods 4.7665 7.15329 $424577 $396801 $369150 $345000

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.