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# Compute cost of computer and amount of each payment

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Norris is presently leasing a small business computer from Stark office equipment co. the lease requires 10 annual payments of \$3,500 at the end of each year and provides the lessor (stark) with an 8% return on its investment. You may use the following 8% interest factor:
9 periods 10 periods 11 periods
future value of 1 1.99900 2.15892 2.33164
present value of 1 .50025 .46319 .42888
future value of ordinary
annuity of 1 12.48756 14.48656 16.64549

present value of ordinary
annuity of 1 6.24689 6.71008 7.13896

present value of annuity
due of 1 6.74664 7.24689 7.71008

Instructions:

(A) Assuming the computer has a ten-year life and will have no salvage value at the expiration of the lease, what was the original cost of the computer to Stark?

(B) What amount would each payment be if the ten annual payments are to be made at the beginning of each period?

#### Solution Preview

a) Original cost of the computer is the present value of the annuity of Rs. 3500 with number of periods=10 years and r=8%.
PV of an annuity = Payment ...

#### Solution Summary

The expert computes the cost of a computer and amount of each payment Norris will pay for leasing a computer.

\$2.19
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## Computer Programming Design: 5 Questions

5 Questions in basic Computer Programming Design.
I need the questions answered in full, including appropriate charting.

Here are the 5 questions:

1. Simulate the execution of this algorithm, assuming the following values are read as input for the first four variables named.
name Mrs. Blue Rain
item shoes
qty 10 pairs
price \$1000 per pair
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discount
subtotal
taxes
Final bill

What values should the computer provide as output?

2. The computer is to read values for regular hours, overtime hours, and hourly wage rate for one employee from an employee time sheet. Payment for regular hours is to be computed as rate times hours. Payment for overtime hours is to be computed at time and a half, or 1.5 times rate times hours. The computer is to compute and output the total pay for the employee for the week. Construct a program flowchart for this application.

3. Draw a program flowchart for a program that will accept one number as input. Assume this number represents some amount of yards. Compute the corresponding values of feet and inches, and output all three values - that is, yards, feet, and inches.

4. Write a program flowchart and corresponding pseudo code to prepare a tuition bill. The input will contain the student name, social security number, and total number of credits for which the student has enrolled. The bill will contain the student name, social security number, and computed tuition. Total credits of 10 or more indicate that the student is full-time. Full-time students pay a flat rate of \$1000.00 for tuition. Total credits of less than 10 indicate that the student is part-time. Part-time students pay \$100.00 per credit for tuition.

5. Write a partial flowchart (show nested logic only) and partial pseudo code (show corresponding code for partial flowchart) for the following scenario:

a. An ATM machine provides the User with the following options:-
- If transaction code is "D" then the Deposit process is done
- if transaction code is "W" then the Withdrawal process is done
- if transaction code is "B" then the Balance process is done
- and if the transaction code is "E" then the Exit process is done
Any other option would result is an error code/message at the screen.
Use a nested IFTHENELSE control structure only.

b. Reconsider the example above and create a partial flowchart and pseudo code using the CASE Control Structure.

c. Which Control Structure do you think is more effective and why?

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