Can you estimate what the annual rate of return would be to grow $5000 into $20 million
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Can you estimate what the annual rate of return would be to grow $5000 into $20 million in 51 years? Show the Cash Flow Table and Diagram (20% or 100%)
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Your company has been awarded the contract to install fibre optic cable from Huntsville, Ontario to Thunder Bay, Ontario. The fibre optic cable will be installed parallel to Highway 11 which runs North from Huntsville to Cochrane and then West from Cochrane to Thunder Bay. Assume the following conditions: 1. Individual fibre optic cable runs cannot exceed 50 km. At a minimum a "repeater" must be installed every 50 km to join sections together. 2. On average 10 km of fibre optic cable can be installed every hour. 3. Repeaters take one hour to install. 4. Each work crew consists of four people at an average regular hourly rate of $26.50 per person. 5. Any work day longer than eight hours is paid at 1½ times the regular hourly rate for a maximum of four hours. 6. Employees cannot work more than twelve hours a day. Employees cannot work more than sixty hours every seven days. 7. Each day each employee is reimbursed $80 for motel accommodation and $40 for meals. Since employees will be on location during the installation they are reimbursed for motel and meals for seven days every week except the first week and the last week of the contract. 8. Fibre optic cable costs $140 for 300 metres. 9. Fibre optic "repeaters" cost $150 each. 10. Each connection to the repeater wastes 10cm of fibre optic cable. 11. Start date for the work is 2021 September 1. 12. Your company will receive a bonus of 15% of the contract if the work is finished by 2022 April 30. Your company has been awarded the contract to install fibre optic cable from Huntsville, Ontario to Thunder Bay, Ontario. The fibre optic cable will be installed parallel to Highway 11 which runs North from Huntsville to Cochrane and then West from Cochrane to Thunder Bay. Assume the following conditions: 1. Individual fibre optic cable runs cannot exceed 50 km. At a minimum a "repeater" must be installed every 50 km to join sections together. 2. On average 10 km of fibre optic cable can be installed every hour. 3. Repeaters take one hour to install. 4. Each work crew consists of four people at an average regular hourly rate of $26.50 per person. 5. Any work day longer than eight hours is paid at 1½ times the regular hourly rate for a maximum of four hours. 6. Employees cannot work more than twelve hours a day. Employees cannot work more than sixty hours every seven days. 7. Each day each employee is reimbursed $80 for motel accommodation and $40 for meals. Since employees will be on location during the installation they are reimbursed for motel and meals for seven days every week except the first week and the last week of the contract. 8. Fibre optic cable costs $140 for 300 metres. 9. Fibre optic "repeaters" cost $150 each. 10. Each connection to the repeater wastes 10cm of fibre optic cable. 11. Start date for the work is 2021 September 1. 12. Your company will receive a bonus of 15% of the contract if the work is finished by 2022 April 30.
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Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
Posted Date:
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