An amount of money is invested at 6% interest compounded annually. What is the i

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An amount of money is invested at 6% interest compounded annually. What is the initial investment if you want $5000 at the end o f 5 years? An alumnus establishes a fund to help the University of Alabama. What amount must be invested now to produce income of S100.000 per year for the next 20 years? Assume an interest rate of 8%. A company is choosing between a production line layout and a process layout. The production layout has a fixed cost o f SI60.000 per month. The variable cost per unit o f manufactured product is $200. The process line layout has a fixed cost o f $320,000 per month and a variable cost o f $110 per unit. The production volume o f the plant is 8.500 units per month. Each unit is sold for $220. Which is the best layout and what is the corresponding profit per month?

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An amount of money is invested at 6% interest compounded annually. What is the i

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