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problem1. Mr. Moore is 35 years old at present and is starting to plan for his retirement. He desires to set aside an equal amount at the end of each of upcoming 25 years so that he can retire at age 60. He anticipates living to the maximum age of 80 and desires to be capable to withdraw $25,000 per year from the account on his 61st through 80th birthdays. The account is anticipated to earn 10 percent per annum for the whole period of time. Find out the size of the annual deposits which should be made by Mr. Moore.

problem2. Many IRA funds argue which investors must invest at the beginning of the year rather than at the end. What is the differentiation to an investor who invests $2,000 per year at 11 percent over a 30 year period?

problem3. You are computing two different silicon wafer milling machines. The Techron I costs $234,000, has a 3 year life, and has pre tax operating costs of $61,000 per year. The Techron II costs $410,000, has a 5 year life, and has pre tax operating costs of $34,000 per year. For both milling machines, use straight-line depreciation to zero over the project’s life and suppose a salvage value of $38,000. When your tax rate is 35 percent and your discount rate is 10 percent, evaluate the EAC for both machines.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M93961

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