Richard can rent an unfurnished apartment for $975 per month or a furnished apartment for $275 per week. He will need to pay a one month deposit, plus a $350 security deposit for the unfurnished apartment. He will also need to purchase furniture, which he has found for $900. Calculate the yearly cost of the two options.

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Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?