You have purchased a canning machine for $5,000. You expect the machine to save your company $3,325 each year for the next 10 years. What is the NPV of the machine? Use a discount rate of 10.8%.

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?