El Paso Water is planning to install wind turbines to provide enhanced evaporation of reverse osmosis concentrate
Question:
El Paso Water is planning to install wind turbines to provide enhanced evaporation of reverse osmosis concentrate from its inland desalting plant. The company will spend $1.5 million in year 1 and $2 million in year 2. Annual maintenance is expected to cost $65,000 per year through year 10. Determine the equivalent annual cost of the project in years 1 through 10 at an interest rate of 6% per year. Also, develop a single-cell spreadsheet function to display the total A value.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 52% (17 reviews)
First find P in year 0 then convert to equivalent A value over 10 ye...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Farmers American Bank of Leesburg is planning to install a new computerized accounts system. Bank management has determined the activities required to complete the project, the precedence...
-
The Farmers American Bank of Leesburg is planning to install a new computerized accounts system. Bank management has determined the activities required to complete the project, the precedence...
-
The subsidized cost of producing water at the El Paso Water Utilities (EPWU) Kay Bailey Hutchison (KBH) desalting plant is $1.56 per 1000 gallons. Under a contract that EPWU has with Fort Bliss, the...
-
Kim Corporation, a calendar year taxpayer, has manufacturing facilities in States A and B. A summary of Kims property holdings follows. Determine Kims property factors for the two states assuming...
-
The following data (in millions) are taken from the financial statements of Target Corporation: a. For Target Corporation, determine the amount of change in millions and the percent of change (round...
-
Here is an alternative way to evaluate higher derivatives of a function f that may save time. Suppose you can find the Taylor series for f centered at the point a without evaluating derivatives (for...
-
What mechanisms are in place to guide the identification, measurement, categorization, and communication of information to stakeholders and users? Discuss differences between users and stakeholders.
-
For each definition (or portion of a definition) in the first column, select the term that most closely applies. Each term may be used only once or not at all. Definition (or Portion) a. A detailed...
-
The Rolling Department of Jabari Steel Company had 5,300 tons in beginning work in process inventory (70% complete) on October 1. During October, 87,800 tons were completed. The ending work in...
-
White Ski Resorts operates a series of ski resorts in northern Europe and reports under IFRS. On June 30, 20X0, White purchased land for 3,000,000. White reports land values on the balance sheet...
-
Solve by fixed-point iteration and answer related questions where indicated. Show details. Let f(x) = x 3 + 2x 2 - 3x - 4 = 0. Write this as x = g(x), for g choosing (1) (x 3 - f) 1/3 , (2) (x 2 -...
-
Evaluate the integrals by Simpsons rule with 2m as indicated, and compare with the exact value known from calculus. J, 2m = 10 -2 dx .0.4 dx B = dx, J = 1 + x* ||
-
In what types of technology do the elements designated as critical materials generally play important roles?
-
Employers rights were protected in the _______. a) National Labor Relations Act b) Taft-Hartley Act c) Clayton Act d) Sherman Antitrust Act
-
Every person who shall monopolize, or conspire with any other person or persons to monopolize, any part of the trade or commerce of the several states, or with foreign nations, shall be guilty of a...
-
The high-water mark of antitrust enforcement was marked by the _________ case. a) Alcoa c) DuPont b) U.S. Steel d) Microsoft
-
The Microsoft case ended with ___________. a) a clear-cut win for the federal government b) a compromise settlement between Microsoft and the federal government. c) a guilty plea by Microsoft, but no...
-
A perfect competitor charges a price of $5. The fi rst worker he would hire would have a marginal physical product of 20, the second worker he would hire would have a marginal physical product of 18,...
-
A model for the population P(t) in a suburb of a large city is given by the initial-value problem dP/dt = P(10 -1 10 -7 P), P(0) = 5000, where t is measured in months. What is the limiting value of...
-
Find the numerical value of each expression. (a) sech 0 (b) cosh -1 1
-
Three years ago, Silver House Steel purchased a new quenching system for $550,000. The salvage value after 10 years at that time was estimated to be $50,000. Currently the expected remaining life is...
-
Cardenas and Moreno Engineering is evaluating a very large flood control program for several southern U.S. cities. One component is a 4-year project for a special-purpose transport ship-crane for use...
-
Triple Play Innovators Corporation (TPIC) plans to offer IPTV (Internet Protocol TV) service to North American customers starting soon. Perform an AW analysis of the EVA series for the two...
-
Do you envision the business as starting by targeting specific needs of a single target community (e.g. the target is San Francisco), targeting specific needs of a similar set of communities (e.g....
-
Define social media. ( 20 points ) How has social media changed the way marketers and consumers communicate with one another? Explain the implications for marketers. Describe how marketing managers...
-
Find an article or video offering advice on choosing the best financing option for a business. Answer the following questions: Which types of financing did they discuss? What advice did they offer?...
Study smarter with the SolutionInn App