Maintenance costs for a regenerative thermal oxidizer increased according to an arithmetic gradient for 5 years. The
Question:
Maintenance costs for a regenerative thermal oxidizer increased according to an arithmetic gradient for 5 years. The cost in year 1 was $7000. If the interest rate is 10% per year and the present worth of the costs for a 5-year period was $28,800, the amount of the yearly increase, G, was closest to:
(a) $1670
(b) $945
(c) $620
(d) $330
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
d 28800 7000...View the full answer
Answered By
Geoffrey Isaboke
I am an industrious tutor with a 5-yr experience in professional academic writing. I have passion for History and Music and I have good knowledge in Economics
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Maintenance costs for a small bridge with an expected 50-year life are estimated to be $1,000 each year for the first 5 years, followed by a $10,000 expenditure in the year 15 and a $10,000...
-
The Pedernales Electric Cooperative estimates that the present worth now of income from an investment in renewable energy sources is $12,475,000. There will be no income in years 1 and 2, but in year...
-
NMTeX Oil owns several gas wells in Carlsbad, NM. Revenue from the wells has been increasing according to an arithmetic gradient for the past 5 years. The revenue in year 1 from well no. 24 was...
-
1- What signal is produced if the sampling frequency is equal to Fm? 2- Find the range of the cutoff frequency funt for LPF required to reconstruct the original signal from the sampled one. 3- If the...
-
Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The following end-of-period spreadsheet was prepared for the year ended July 31, 2019: Based on the preceding spreadsheet,...
-
The idea of having to go through a checklist in your job may sound a little demeaning. Isnt that what fast food restaurants use to train low-skilled employees what to do, step by step? That may be...
-
The Lagrangian of a particle of mass \(m\) and charge \(e\) in a uniform, static magnetic field \(\mathbf{B}\) is given by \(L(\mathbf{x}, \dot{\mathbf{x}})=\frac{1}{2} m \dot{\mathbf{x}}^{2}+(e / 2...
-
Koman Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 150,000 miles. Taxi no. 10 cost $33,500 and is expected to have a...
-
Evaluate 15. y = 2x3 - 4x, x = 2.5, Ax = 0.05 16. y = x - x, x = 3.2, Ax = 0.08
-
WAR (We Are Rich) has been in business since 1987. WAR is an accrual-method sole proprietorship that deals in the manufacturing and wholesaling of various types of golf equipment. Hack & Hack CPAs...
-
The point at which a customer chooses one food service operation over another is a result of the operation creating a competitive edge. This is referred to as the point of: A. Sale B. Difference C....
-
Circle the appropriate response. 1. Market segmentation defines a group of people who, as individuals or an organization, have needs for products and possess the ability, willingness, and authority...
-
Under the indirect method, what adjustments to net income are required for the following: noncash expenses; gains and losses from non-operating activities; and changes in current assets and current...
-
Two people (47 kg and 81 kg) holding hands stand on rollerblades 1.0 m apart. Determine the location of their center of mass (the distance from the 47-kg person). Express your answer to two...
-
Calculate the insured premium value at CIP=10% for 2 * 40 ft containers valued FCA USD $26,000.00 Ocean freight: USD $6,000.00 total Canadian land and handling: USD $750.00 total Marine premium rate...
-
Suppose there are two independent economic factors, M1 and M2. The risk-free rate is 7%. Portfolios A and B are both well diversified. Portfolio Beta on M1 Beta on M2 Expected Return A 1.8 2.1 40% B...
-
Ablock of mass m= 10,3 kg slides down a ramp that makes an angle of 0=23,80 degree with the horizontal, accelerating at a = 0,35 m/s. Find the coefficient of kinetic friction between the block and...
-
An entity enters into a contract to provide monthly payroll processing services to a customer for one year for a monthly retainer fee of P100,000. Requirement: Identify if the performance obligation...
-
One sample has a mean of M = 4 and a second sample has a mean of M = 8. The two samples are combined into a single set of scores. a. What is the mean for the combined set if both of the original...
-
The maximum pressure that can be developed for a certain fluid power cylinder is 15.0 MPa. Compute the required diameter for the piston if the cylinder must exert a force of 30 kN.
-
The ENR construction cost index for New York City had a value of 12,381.40 in February 2007. For Pittsburgh and Atlanta, the values were 7341.32 and 4874.06, respectively. If a general contractor in...
-
A high-pressure stainless steel pump (1000 psi) with a variable-frequency drive (VFD) is installed in a seawater reverse-osmosis pilot plant that is recovering water from membrane concentrate at a...
-
A mini wind tunnel for calibrating vane or hotwire anemometers cost $3750 in 2002 when the M&S equipment index value was 1104.2. If the index value is now 1620.6, estimate the cost of a tunnel twice...
-
Describe a time when you, or someone you know, received an annual evaluation appraisal. How did the supervisor approach the meeting? Did you feel it was a fair assessment of your performance? Did you...
-
comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. Consider the following data. We want to...
-
Based on the graph is Leasing is based on a lease contract between lessee and lessor on an asset owned by the lessor. Entering a lease contract, ? Inventory-to-sales ratios $15 billion Target's...
Study smarter with the SolutionInn App