You have a loan outstanding. it requires making six annual payments of $ 6 comma 000 each at the end of the next six years. your bank has offered to restructure the loan so that instead of making the six payments as originally agreed, you will make only one final payment in six years. if the interest rate on the loan is 7 %, what final payment will the bank require you to make so that it is indifferent to the two forms of payment?

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?