Payment amount to reach an investment goal

Instead of borrowing to by a car, Chelsie and her husband Carlos decide to save and pay cash for a car in three years. How much would they have to save each month to accumulate $22,000 if the sinking fund pays 5% annual interest?

Annuity

Cathy is saving for her retirement by putting $325 each month into an ordinary annuity. If the annuity is expected to pay an annual interest rate of 8.5%, how much will she save for her retirement in 30 years?

Corporate Finance

Information is on the excel spread sheet. Please put answers in cell and show how you arrived at answers. Please provide your answers on this Excel spreadsheet underneath each question. Also, please show how you derived your answers, So that I may practice. Please show your calculation by using a formula in the cell itself on how you arrived at your answer. When calculating your answers, please solve all equations to 2 decimal points. Please see attached.

Management Accounting - Relevant cost and revenues - changes to a facility layout

A company is thinking about changing the layout of the facilities with these estimations in mind: -Machine moving and reintallation will cost $100,000 -Total sales will increase by 20% to $1,200,000 b/c of a decrease in production cycle time required under the new plant layout. Average contribution margin (sales dollars - flexible costs) is 31% of sales. -Inventory-related costs will decrease by 25% because of an expected decrease in work-in-process inventory. Currently, the annual average carrying value of work-in-progress inventory is $200,000. The annual inventory financing cost is 15%. Should the company implement the proposed changes in layout?

Several math problems

Separate the expenses between fixed and variable costs per unit. Using this information and the sales price per unit of $6, compute the break-even point. (See attachment for all problems associated with this posting)