# 4hw - IME 310 Chapter 4 solution 1 a \$ 464.10 b \$ 218.9 c \$...

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IME 310: Chapter 4 solution 1 a) \$ 464.10 b) \$ 218.9 c) \$ 54.30 23 \$42,560.00 45 (a) 2 a) B = \$ 228.13 b) C = \$634.00 c) V = \$ 51.05 d) X = \$ 66.24 24 P = \$2,289 46 \$393.76 3 a) C = \$ 109.45 b) A = \$114.80 c) F = \$ 276.37 d) A = \$ 60.78 25 A = \$2,984 47 \$486.98 4 a) W = 188.70 b) X = 398.00 c) Y = 513.20 d) Z = 207.38 26 X = \$0.38 per vehicle 48 292,870 5 \$589.50 27 7.192 49 6 1438.50 28 \$792.73 50 1,496.91 \$ 7 157.06 29 50 months 51 \$ 136.51 8 \$1,093.70 30 70 Months 52 \$13,853; \$13,224 9 16 31 18 months to repay loan 53 10 n = 35 32 \$33.95 54 11 J = \$ 161.10 33 \$2,479.67 55 2,210 cars/day 12 C = \$283.60 34 637.280 56 12.92%/yr. 13 G = \$64.80 35 16 payments; last pmt. = \$1.99 57 12%/yr; 12.7%/yr, 14 D = \$94.85 36 \$7,778.35 58 13% 15 E = \$825.64 37 \$2,544.61 59 12.70% 16 B = \$90.94 38 60 19.56% 17 P = \$5,545 39 \$977.00 61 40.8 C/copy 18 A = \$494 40 Mo. Pmt. = \$199.44 62 15%; 16.08%; \$278 19 \$5,817.00 41 63 20 F = \$276.84 42 64 r = 15% 21 F = \$792.28 43 \$18,319.24; 6.24% 65 1.388% 22 F = \$5,377.61 44 (b) 66 7.25%

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67 18% 89 ia = 20.72% 111 \$9,663 133 spreadsheet 68 r=26.6%, ia=28.4% 90 \$4.99; \$55.24 112 \$41,844; \$42,511; use 13% & discrete comp. 134 spreadsheet 69 23.14% 91 \$425.60; \$225.63; \$425.68 113 \$170,237 135 spreadsheet 70 r=12%, ia=12.7% 92 \$3,220; \$357,887;
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## This note was uploaded on 04/07/2008 for the course IME 310 taught by Professor Kailashbafna during the Spring '07 term at Western Michigan.

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4hw - IME 310 Chapter 4 solution 1 a \$ 464.10 b \$ 218.9 c \$...

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