Electric car maker Gentech signed a $75 million contract with Power Systems, Inc. to automate a major
Question:
Electric car maker Gentech signed a $75 million contract with Power Systems, Inc. to automate a major part of its assembly line system. If Power Systems will be paid 2 years from now, when the systems are ready, determine the present worth of the contract at 18% per year interest.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
P 75PF1...View the full answer
Answered By
Amit Kumar
I am a student at IIT Kanpur , which is one of the prestigious colleges in INDIA.
Cleared JEE Advance in 2017.I am a flexible teacher because I understand that all students learn in different ways and at different paces. When teaching, I make sure that every student has a grasp of the subject before moving on.
I will help student to get the basic understanding clear. I believe friendly behavior with student can help both the student and the teacher.
I love science and my students do the same.
4.90+
44+ Reviews
166+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
On December 13, 2007, Alex Rodriguez signed a 10-year, $275 million contract with the New York Yankees. Five years into the contract, it remains the largest sports contract according to Wikipedia. In...
-
Based on the information presented in the minicase, and the discussion in both Chapter 2 and this chapter, to what extent does Elon Musk fit the general charac- teristics of an entrepreneur and a...
-
Toyda, Inc. (Toyda) is one of the worlds leading car manufacturers. It sells cars exclusively in the United States. In recent years, Toyda has begun producing electric cars, as well as specialized...
-
How much money would a man have to deposit each year for 6 years starting 4 years from now if he wanted to have $12,000 eighteen years from now? Assume the interest rate is 12% per year?
-
A farmer constructs a trough by welding a rectangular piece of 2-mm-thick sheet steel to half of a steel drum. Knowing that the density of steel is 7850 kg/m3 and that the thickness of the walls of...
-
From the following data estimate the partial regression coefficients, their standard errors, and the adjusted and unadjusted R 2 values: = 367.693 X2 = 402.760 X3 = 8.0 E(X2i X2) = 84855.096 (Y; ...
-
Genetic Diversity and Distance from Africa It is hypothesized that humans originated in East Africa, and migrated from there. We compute a measure of genetic diversity for different populations, and...
-
Locate the center of gravity of the sheet-metal form shown. T1.8 m 1.2 m 0.5 mi 1.5 m
-
Kingsport Containers Company makes a single product with wide seasonal variations in demand. The company uses a job - order costing system and computes plantwide predetermined overhead rates on a...
-
a. Ash decides to allocate $4 million to fund the exhibit. Given the pieces available and the specific requirements from Ash and Celeste, formulate and solve a binary integer programming problem to...
-
Thompson Mechanical Products is planning to set aside $150,000 now for possible replacement of large synchronous refiner motors when it becomes necessary. If the replacement isnt needed for 5 years,...
-
Labco Scientific sells high-purity chemicals to universities, research laboratories, and pharmaceutical companies. The company wants to invest in new equipment that will reduce shipping costs by...
-
Describe how to select recombinant clones if a foreign DNA is inserted into the polylinker site of pUC18 and then introduced into E. coli cells.
-
A network administrator has a single Class C address space, which is 194.10.10.0. The network consists of 150 users who are logged on to the network at all times and 150 sales users who have portable...
-
Would the use of different logic gates be better in your electronics? Why or why not?
-
At t= 0 , a particle leaves the origin with a velocity of 5 . 0 m/s in the positive y direction. Its acceleration is given by a= ( 3 . 0 f- 2 . 0 5 )m/s 2 . At the instant the particle reaches its...
-
Give a brief summary of a conventional spin echo pulse sequence diagram, what is the difference between the excitation pulse and the refocusing RF pulse?
-
simplify. f(x)= 4 x+9
-
If the variance of the water temperature in a lake is 28, how many days should the researcher select to measure the temperature to estimate the true mean within 3 with 99% confidence?
-
What is beacon marketing? What are digital wallets?
-
Precision Instruments, Inc. manufactures high sensitivity mini accelerometers designed for modal analysis testing. The company borrowed $10,000,000 with the understanding that it would make a...
-
A construction management company is examining its cash flow requirements for the next 7 years. The company expects to replace office machines and computer equipment at various times over the 7-year...
-
Find the equivalent annual worth for the cash flows shown, using an interest rate of 12% per year. Monetary units are$1000. Year Cash Flow, $ 20 20 20 20 60 60 60 60 60
-
Question Content Area Changes in current operating assets and liabilities indirect method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Line Item...
-
Determine a value of m (if possible) for which f is continuous at x = 1. mx-3 if x <1 f(x)= 3x if x1
-
Z Find zw and z=8-8i w= 3+i Write each answer in polar form and in exponential form. The product zw in polar form is and in exponential form is (Simplify your answer. Type an exact answer, using it...
Study smarter with the SolutionInn App