What is the annual payment on the machinery

Assignment Help Business Economics

Reference no: EM131009854

A manufacturer borrows $85,000 for machinery. The loan is for 10 years at 12% per year. What is the annual payment on the machinery? a)$8500 b)$15045 c)$13834 d)$4843

Reference no: EM131009854

Questions Cloud

How do properties leverage the unique qualities of the web : What is the common thread that links together most of the IAC/InterActiveCorp Web properties? How do the properties leverage the unique qualities of the Web?

What institutional barriers prevented amazon from flexing : What are Amazon’s firm-specific resources and capabilities in the United States and Japan? What institutional barriers prevented Amazon from flexing its muscle in Japan initially?

Cooperate to deliver superior value to the customer : What are some of the ways in which Barry Diller’s e-commerce online companies could cooperate to deliver superior value to the customer?

The national do-not-call registry program : Which governmental agencies are involved in the National Do-Not-Call Registry program? Which of the following global organizational structures represents a hybrid, dual-reporting structure? In which of the following cultures is self-interest ranked b..

What is the annual payment on the machinery : A manufacturer borrows $85,000 for machinery. The loan is for 10 years at 12% per year. What is the annual payment on the machinery?

Annual withdrawals is closest to what value : Suppose $10,000 is deposited into an account that earns 10% per year for 5 years. At that point in time, uniform end-of-year withdrawals are made such that the account is emptied after the 15th withdrawal. The size of these annual withdrawals is clos..

When problems are encountered with continuous improvement : The construction industry uses which of the following pricing methods? When problems are encountered with continuous improvement, how should problems be solved? A company could incur excessive costs and lose money if they primarily focus on _______ c..

Net capital outflow and net exports : n open economy interacts with the rest of the world through its involvement in world markets for goods and services and world financial markets. Although it can often result in an imbalance in these markets, the following identity must remain true: N..

It was transitioning from antiquity to the middle ages : We have seen that the world saw a great deal of change from 300-900 as it was transitioning from antiquity to the Middle Ages. What do you think were the TWO most significant changes/differences? Your answers can extend to religion, politics, and cul..

User Account

All Pages