Annuity(critical Question) - Education - Nairaland
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| Annuity(critical Question) by sharpshooter: 11:18am On Jul 02, 2015 |
CAN SOMEBODY PLEASE ASSIST TO SOLVE THIS FINANACE...... NOT BY PLAY!! I WILL REALLY APPRECIATE OLEKU Ltd has just purchase a machine at a cost of 7.5m, the effective life of the machine is estimated to 5yr. A sinking is to be created for repalcing the machine by new model at the end of his life span.Machine price is assume to increase inline with inflation rate, the annual inflation rate assumed to 14%.Find the amount that should be set aside every yr at of profit for sinking funds.If it accummulate at 25% interest rate per annual. pls ur working very important. |
| Re: Annuity(critical Question) by sharpshooter: 11:28am On Jul 02, 2015 |
Assist ooooo |
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LAUTECH Pre Degree Registration 2015 / Obafemi Awolowo University,ile-ife Post-utme, Direct Entry Pre-degree And Part-t / Anybody From Taraba State?
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