The cost of replacing a high-definition television production line in 6 years is estimated to be $500,000. At an interest rate of 14% per year, compounded semiannually, the uniform amount that must be deposited into a sinking fund every 6 months beginning now is closest to:

(a) <$21,000
(b) $21,335
(c) $24,820
(d) $27,950


(c) $24,820

Trades & Technology

You might also like to view...

For a ______, a 14-by-14-foot or 16-by-16-foot stall is recommended for average to large horses.

A. foaling mare B. stallion C. weanling D. maintenance-level mature horse

Trades & Technology

Using a torque converter smaller than stock size could result in _______

A) Slower than normal acceleration B) Faster than normal acceleration C) Reduced fuel economy D) Both B and C

Trades & Technology

Which of the following systems does not have a neutral conductor as defined in Article 100?

A. 120-volt, 1-phase, 2-wire B. 120/240-volt, 1-phase, 3-wire C. 120/240-volt, 3-phase, 4-wire D. 208Y/120-volt, 3-phase, 4-wire

Trades & Technology

Draw the top, the front, and the right side orthographic views of the objects shown. Indicate when an object needs only one or two views to be fully described.

Trades & Technology