Question 1 A machine is under consideration for a new manufacturing process. The interest rate is...
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Question 1 A machine is under consideration for a new manufacturing process. The interest rate is 10% computed semiannually. Compute the future worth of this alterntive. First cost = $70,000 Semiannual cost = $6,000 Semiannual income = $18,000 Salvage value = $9,000 Life in years = 5 a. $273,957.80 b. $36,911.80 c. $45,911.80 O d. -$255,958 Question 1 A machine is under consideration for a new manufacturing process. The interest rate is 10% computed semiannually. Compute the future worth of this alterntive. First cost = $70,000 Semiannual cost = $6,000 Semiannual income = $18,000 Salvage value = $9,000 Life in years = 5 a. $273,957.80 b. $36,911.80 c. $45,911.80 O d. -$255,958
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Solh Jutuse time 2 3 4 5 6 7 8 9 10 LO Worth P P 21200 6 Semiannually Cost 70000 6000 180... View the full answer
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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