The value of the future worth for alternative P at an interest rate of 8% per year
Question:
The value of the future worth for alternative P at an interest rate of 8% per year is closest to:
(a) FWP = $–88,036
(b) FWP = $–86,026
(c) FWP = $–81,274
(d) FWP =$–70,178
Transcribed Image Text:
First cost, S Annual operating cost, 23,000 -4,000 -30,000 -2,500 S per year Salvage value, $ Life, years 3,000 1.000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
This question belongs to Engineering Analysis Please go through solution given bel...View the full answer
Answered By
Sagar Mane
When I completed my bachelors in Mechanical Engineering, I started working as tutor in CAD institute.
There I was giving training to Engineering students and Industrial persons on CAD Design software's.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
A company borrows $35 million for one year at an interest rate of 6-month LIBOR plus 1.5% in July. The interest has to be paid at intervals of six months. The company would like to hedge the interest...
-
A company borrowed $180,000 at an interest rate of 9% compounded annually over six years. The loan will be repaid in installments at the end of each year according to the accompanying repayment...
-
For how many months, at an interest rate of 1% per month, does money have to be invested before it will double in value?
-
The lifespans of gorillas in a particular zoo are normally distributed. The average gorilla lives 20.8 years; the standard deviation is 3.1 years. Use the empirical rule (68 - 95 - 99.7%) to estimate...
-
Use the Cauchy-Riemann equations and the theorem in Sec. 21 to show that the function f (z) = exp z is not analytic anywhere.
-
A certain product can weigh no more than 1.001 and no less than 0.998 ounces by design. What is the maximum natural variation a process can have to be considered capable of supporting these design...
-
The drag coefficient for a newly designed hybrid car is predicted to be 0.21. The cross-sectional area of the car is \(30 \mathrm{ft}^{2}\). Determine the aerodynamic drag on the car when it is...
-
Job-order costing in a service company Bailes Condos Corporation is a small company owned by Ray Miller. It leases three condos of differing sizes to customers as vacation facilities. Labor costs for...
-
Hurst, Inc. sold its 8% bonds with a maturity value of $9,000,000 on August 1, 2019 for $8,838,000. At the time of the sale the bonds had 5 years until they reached maturity. Interest on the bonds is...
-
Which of the following is not a way by which the SarbanesOxley Act attempts to ensure auditor independence from an audit client? a. The auditing firm must be appointed by the clients audit committee....
-
A patriotic group of firefighters is raising money to erect a permanent (i.e., infinite life) monument in New York City to honor those killed in the line of duty. The initial cost of the monument...
-
The present worth of $50,000 now, $10,000 per year in years 1 through 15, and $20,000 per year in years 16 through infinity at 10% per year is closest to: (a) Less than $169,000 (b) $169,580 (c)...
-
How might the sales and cash collection processes at Boeing Co. (maker of commercial passenger jets) differ from the sales and cash collection processes at McDonalds?
-
GAAP offers latitude in determining when revenue is earned. Assume that a company that normally required acceptance by its customers prior to recording revenue as earned, delivers a product to a...
-
BannerAD Corporation manages a Website that sells products on consignment from sellers. It pays these sellers a portion of the sales price, and charges a commission. Identify two potential revenue...
-
A company with a calendar year-end, purchases a machine costing \(\$ 144,000\) on July 1, 2013. The machine is expected to be obsolete after three years (36 months) and, thereafter, no longer useful...
-
Bartov Corporation agreed to build a warehouse for a client at an agreed contract price of \(\$ 300,500\). Expected (and actual) costs for the warehouse follow: 2013, \(\$ 80,000 ; 2014, \$...
-
Identify and explain when each of the following companies should recognize revenue. a. The GAP: The GAP is a retailer of clothing items for all ages. b. Merck \& Company: Merck engages in developing,...
-
Use Eq. (6) to compute the electric potential V ( P ) V ( P ) at the point P P for the given charge density (in units of 10 6 C 10 6 C ). Calculate \(V(P)\) at the origin \(P=(0,0)\) if the...
-
Question 6.10 Current and deferred tax worksheets and tax entries From the hip Ltd?s statement of profit or loss for the year ended 30 June 2007 and extracts from its statements of financial position...
-
Which of the following accounts in the Adjusted Trial Balance columns of the end-of-period spreadsheet (work sheet) would be reported on the statement of stockholders equity? a. Utilities Expense b....
-
Potable water is in short supply in many countries. To address this need, two mutually exclusive water purification systems are being considered for implementation in China. Doing nothing is not an...
-
Your plant must add another boiler to its steam generating system. Bids have been obtained from two boiler manufacturers as follows: If the MARR is 10% per year, which boiler would you recommend? Use...
-
Two mutually exclusive alternatives are being considered for the environmental protection equipment at a petroleum refinery. One of these alternatives must be selected. The estimated cash flows for...
-
What are non marginal investors? How can i distinguish between a non marginal investor and a marginal investor among shareholders? Explain it briefly and conclude it.
-
How would Stephanies decisions concerning conducting stock transactions be affected if she were 35 years old? If she were 50 years old? What are stock exchanges? How do they facilitate the trading of...
-
Write a script to determine whether a given file system or mount point is mounted, and output the amount of free space on the file system if it is mounted. If the file system is not mounted, the...
Huntin And Fishin With The Ole Man Tall Tales From The Maine Outdoors - ISBN: 1952143632 - Free Book
Study smarter with the SolutionInn App