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At the beginning of each half a year John deposits 1000 $ on the banking account...

At the beginning of each half a year John deposits 1000 $ on the banking account that offers 12% rate p.a. Will John be able to buy a machinery after 5 years? If it's current price equals 35000$ it will increase by 4% p.a. each quarter.

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File Home nert Page Layout Formulas Data Review View dd-Ins s Cut aCopy Σ AutoSum Calibri Wrap Text General B า 프 . Ej-., Δ. : r_一 逻锂函Merge & Center. $, % , 弼,8 Paste Conditional Format CeInsert Delete Format Formatting, as Table w styles. ▼ ㆆ ▼ Sort &Find & 2 ClearFe Select Edting Format Painter Clipboard Font Alignment Number Styles Cells DK197 DE DF DG DH DI DJ DK DL 189 190 191 192 193 194 195 196 197 198 199 200 201 202 NOTE 203 204 205 206 207 il 1 r n CALCULATOR ( LOAN OPTIONS | pv, fy, annuity i CAP STRU VALUE DEPOSIT YEARS RATE BALANCE IN ACCOUNT AFTER 5 YEARS 1000 EVERY HALF YEAR 5ANNUITY DUE 1296 $ 13,180.79 EXCEL-FV(12%/25+2,-1000) CURRENT PRICE YEARS INFLATION RATE VALUE AFTER 5 YEARS 35000 4% $42,706.65 EXCEL FV(4%/4,5*4,-35000) NO, BANK BALANCE IS NOT SUFFICIENT TUALLY SIMPLE MATHS CALCULATION ALSO SAYS THAT HE WILL NOT BE IN A POSITION TO BUY BUT AS IT IS A FINANCE QUESTION, WE HAVE TO USE TIME VALUE OF MONEY CONCEPT BOX DILUTION . DOLLAR COST AVG MORTGAGE . . EXPO Sheet1 . Sheet2. Shel- .11 rences: x261 福 130% 03:10 11-01-2019

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