1 . You borrow $ 2 0 , 0 0 0 to finance the purchase of a...

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Question:

1 .

You borrow $

20, 000

to finance the purchase of a new car. The loan is for

6 %

interest annual, and the loan is paid monthly over a

10

year period. What is the monthly loan payment that you have to make?

2 .

You wish to make a down payment on a house at the end of five years. At

6 %

interest annual, what amount must you place in the bank each month to accumulate the $

50, 000 ?

3 .

A nuclear waste storage facility will reduce health risks in perpetuity, valued in the amount of $

1, 000, 000

per year. The annual operating costs of the facility are $

200, 000

in perpetuity. The discount rate is

8 % .

Question: how high could the initial investment cost be for this investment to have an NPV of at least zero?

1 .

Monthly loan amount

______________

2 .

Monthly saving amount

____________

3 .

Break

-

even

initial investment cost

_______

Posted Date: May 10, 2024 02:05 AM

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1 . You borrow $ 2 0 , 0 0 0 to finance the purchase of a...

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