Calculate the present worth in year 0 of a series of cash flows that starts at $150,000
Question:
Calculate the present worth in year 0 of a series of cash flows that starts at $150,000 in year 0 and increases by 10% per year through year 5. Assume i = 10% per year.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
We need to use P F 1i n to convert the future value of cash flows to th...View the full answer
Answered By
Shahram Akhtaran
I studied Electrical Engineering at the University of British Columbia, Vancouver, Canada. I have solid knowledge of Mathematics and Physics and about 9 years of experience in tutoring them.
I can explain complex concepts in simple and easy to understand terms and help you understand your courses better and get higher grades in them. I tutor Mathematics and Physics at high school and first-year university level (AP Calculus and Physics included). I also tutor high school Chemistry.
I have developed an Android mobile app which can be used to solve any triangle. It can be downloaded at https://play.google.com/store/apps/details?id=net.mathengineering.trianglesolver.
You can view my video tutorials at my YouTube channel. Please search for Shawn the Tutor at YouTube.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
The net present worth in year 0 of the following series of incomes and expenses at 8% per year is closest to: (a) $14,300 (b) $15,500 (c) $16,100 (d)$16,500 Years Income,xpenses, S 1-6 7-11 12,000...
-
Calculate the present worth of a 4.5%, $5000 bond with interest paid semiannually. The bond matures in 10 years, and the investor desires to make 8% per year compounded quarterly on the investment.
-
Calculate the present worth of a 4.5%, $5000 bond with interest paid semiannually. The bond matures in 10 years, and the investor desires to make 8% per year compounded quarterly on the investment.
-
This section contains 6 questions. Questions 83 to 88 have four statements (A, B C and D) given in Column I and four statements (p, q, r and s) in Column II. Any given statement in Column I can have...
-
Let m and n be integers, where 0 ¤ m (a) Show that the zeros of the polynomial z2n + 1 lying above the real axis are And that there are none on that axis (b) With the aid of Theorem 2 in Sec....
-
Ando Company, a diversified manufacturer, has six divisions that operate throughout the United States and Puerto Rico. Ando has historically allowed its divisions to operate autonomously. Ando does...
-
Based on information in this chapter, recommend the most effective HR administrative approach or approaches for the owner of a small business with fewer than 50 employees and infrequent staffing...
-
Go-for-Broke Company is being liquidated under Chapter 7 of the bankruptcy code. When it filed for bankruptcy, its balance sheet was as follows: *All accrued wages must be paid out of the liquidation...
-
The reward to risk ratio is 7.5 percent and the risk-free rate is 4.5 percent. What is the expected return on a risky asset if the beta of that asset is 1.25?
-
Snazzy Simis Swirls Simi has just completed her first year of university (most of her classes were related to business administration) and is now in the midst of making a major career decision. Since...
-
A private equity firm purchased a cable company and assumed the company's debt as part of the transaction. The deal was structured such that the private equity firm received $3 million immediately...
-
For the cash flows shown, determine the value of G such that the present worth in year 0 equals $16,000 at an interest rate of 10% peryear. Year 0 2 Cash Flow, $ 4 0 8000 8000 8000-G 8000-2G8000-3G
-
Why did grain prices fall in 2008? Draw a graph to show the short-run effect on an individual farmers economic profit. Big drops in prices for crops make it tough down on the farm Corn, soybean, and...
-
Panic in paradise: Are high fares the new reality for Hawaii? On March 31, 2008, Hawaii lost 15 percent of its air service as Aloha Airlines and the cheap-flight airline ATA suddenly shut down....
-
As the gas price hit $4 a gallon, commuters in New York and Boston switched from cars to public transit, with ridership rising 5 percent. Explain the effect of a rise in the price of gasoline on a...
-
When using the getConnection() method in the DriverManager class to perform a database connection, the connection is made as soon as this instruction runs. (True/False)
-
a. How would a payment to cotton farmers to idle their land influence the supply of cotton? b. How would a payment to cotton farmers to idle their land affect the consumer surplus and the producer...
-
Explain what an anti-dumping tariff is. What argument might NewPage Corp. have used to get the government to raise the tariff to 99.65 percent? U.S. expands China paper anti-dumping tariff The United...
-
What are the filename extensions for Java source code and bytecode, respectively?
-
The electric field due to a line charge is given by where l is a constant. Show that E is solenoidal. Show that it is also conservative. E =
-
The antitrust laws are designed to control the growth of monopoly power in specific markets. What are some economic reasons for concern over monopoly power? Are there any noneconomic reasons for...
-
$80 in 1950 was worth $80 but in the year 2010 the same amount of money is worth only $8. a. What was the compounded average annual inflation rate (loss of purchasing power) during this period of...
-
The price of cotton sky-rocketed during the Civil War because of Union naval blockades of Confederate ports. This was a primary reason the South experienced 4,000% inflation from 1861 to 1865 (four...
-
A businessman's profits, earned from his business over the past four years, are shown in the accompanying table. During this time, the CPI has performed as indicated. Determine the annual profit in...
-
O O A Dundas Company's inventory records for its retail division show the following at May 31: (Click the icon to view the accounting records.) At May 31, 10 of these units are on hand. Dundas...
-
4. R got 35% hike in his salary and 20% incentive on sales. If R sold goods worth Rs. 850 last year and the salary was Rs 70, then how much more does he earn this year with sales of Rs.900?
-
Teachers salaries have not been increasing as fast as the pay in many other types of work. Explain why you think this might be true. use graph of the supply and demand for teacher's labor to help...
Study smarter with the SolutionInn App