Exam 18: Mathematics in Engineering

The par value of a bond is

If you deposit $100 into an account that pays $5 \%$ APR compounded monthly, what would be the value in the account after 30 years? $\$$$\underline{\quad\quad}$

If you take out a $15,0 $\$ 15,000$ udent loan on the first day of September, and promise to pay $6 \%$ APR compounded annually, how much interest would you pay if you repay the loan at the end of the following May? $\$$$\underline{\quad\quad}$

If you deposi $\$ 100$ nto an account that pay $5 \%$ APR compounded semiannually, what would be the value in the account after 30 years? $\$$$\underline{\quad\quad}$

In engineering, the term that refers to the sum of all costs that are associated with a structure, a service, or a product during its life span is

If you take out a $15, $\$ 15,000$ udent loan on the first day of September, and promise to pay $6 \%$ APR compounded annually, how much interest would you pay if you repay the loan at the end of the following May? $\$$$\underline{\quad\quad}$

When the interest paid on the initial principal also collects interest, this is called

If you deposi $\$ 5,000$ into a 6-month CD (certificate of deposit) that pay $7.5 \%$ PR compounded quarterly, what is its value at maturity? $\$$$\underline{\quad\quad}$

Although there are many types of these, they are basically loans that investors make to government or corporations in return for some gain. What are they?

When a bond is issued, it will have

An initial deposi $\$ 500$ a $8 \%$ interest (APR), compounded quarterly. How much will be in the account at the end of 10 years? $\$$$\underline{\quad\quad}$

If you deposit $100 into an account that pays $5 \%$ APR compounded annually, what would be the value in the account after 30 years? $\$$$\underline{\quad\quad}$

You have taken out a mortgage for a new home in the amount of $\$ 250,000$ . You have agreed to repay the mortgage in 15 years. What is your monthly payment if you agree to pay an interest rate of $6.5 \%$ compounded monthly? $\$$$\underline{\quad\quad}$

If you deposit $100 into an account that pays $5 \%$ APR compounded weekly, what would be the value in the account after 30 years? $\$$$\underline{\quad\quad}$

If you deposi $\$ 100$ nto an account that pays an interest rate that compounds quarterly, what is the interest rate if the value in the account after 30 years is $ $\$ 444$ ? $\underline{\quad\quad}$ $\%$

If you deposi $\$ 100$ nto an account that pay $5 \%$ APR compounded quarterly, what would be the value in the account after 30 years? $\$$$\underline{\quad\quad}$

The Straight Line and the Modified Accelerated Cost Recovery System (MACRS) are examples of

The interest that would be paid only on the initial borrowed or deposited amount is

If you put away a fixed amount each month, a $10 \%$ PR compounded monthly, in order to have $\$ 5000$ years, how much will you have paid during that time? $\$$$\underline{\quad\quad}$

What nominal rate, compounded monthly, would yield an effective rate of 10 $10 \%$ ? $\underline{\quad\quad}$ %