A rectangular swimming pool is 25 meters long and 10 meters wide. If the pool has an average depth of 2 meters, how many cubic meters of water are needed to fill it?
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Assignment Question 1.8 General finance
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- What is the minimum and maximum ball park cost estimate in land development for an area of 18,600 square meters?The daily water consumption for an Ohio community is normally distributed with a mean consumption of 842,061 gallons and a standard deviation of 87,901 gallons. The community water system will experience a noticeable drop in water pressure when the daily water consumption exceeds 991,628 gallons. What is the probability of experiencing such a drop in water pressure? (Round your answer to 4 decimal places. Round Z-scores to 2 decimal places.)The Dry Dock is considering a project with an initial cost of $105,271 and cash inflows for Years 1 to 3 of $37,200, $54,600, and $46,900, respectively. What is the IRR?
- A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the site and using conventional power. Solar cells will cost RM 15,000 to install and will have a useful life of 5 years with no salvage value. Annual costs for inspection, cleaning, maintenance and part replacement are expected to be RM 4,000. A new power line will cost RM 40,000 to install, with power costs expected to be RM 1,000 per year. Since the air sampling project will end in 10 years,the salvage value of the line is considered to be zero. At an interest rate of 6% per year compounded monthly,(i) Calculate the effective interest rate per year(ii) Determine which alternative should be selected on the basis of an present worth analysis(iii) Determine the initial cost of the above ground line to make the two alternatives equally attractive economicallyWater supply for an irrigation system can be obtained from a stream in some nearby mountains. Two alternatives are being considered, both of which have essentially infinite lives, provided proper maintenance is performed. The first is a concrete reservioir with a steel pipe system and the second is an earthen dam with a wooden aqueduct. Below are the costs associated with each. Compare the present worths of the two alternatives, using an interest rate of 8%. Which alternative should be chosen {Perform all calculations using 5 significant figures and round any monetary answers to the nearest dollar}? Concrete Reservoir 550,000 2,250 N/A First Cost [dollars] Annual Maintenance Costs [dollars] Replacing the wood portion of the aqueduct each 15 years The cost Concrete Reservoir is (in PW dollars): Earthen Dam 230,000 15,000 120,000 Number The cost of the Earthen Dam plus Aqueduct is (in PW dollars): Number Which alternative should be chosen (enter either 'Reservoir' or 'Dam'?The Highridge Water District needs an additional supply of water from Steep Creek. The engineer has selected two plans for comparison: Gravity plan: Divert water at a point 10 miles up Steep Creek and carry it through a pipeline by gravity. Pumping plan: Divert water at a point near the district and pump it through 2 miles of pipeline. The pumping plant can be built in two stages: half now and half 10 years later Annual benefits are $190,00 for both plans. Use a 35-year analysis period and 6% interest. Salvage values can be ignored. Use the conventional benefit–cost ratio method to select the more economical plan.
- A new storm drainage system must be constructed right away to reduce periodic flooding that occurs in a city that is in a valley. Five mutually exclusive designs have been proposed, and their present worth (in thousands of dollars) of costs and benefits are the following. a. Which system has the greatest B-C ratio? b. Which system has the largest incremental B-C ratio (based on differences between alternatives)? c. Which system should be chosen? System 1 2 3 4 5 PW of $800 $5,000 $5,000 $12,000 $11,000 costs PW of 6,000 14,000 6,000 22,000 18,000 benefits a. System v has the greatest B-C ratio, which is (Round to two decimal places.)Suppose that Project A has a life of 6 years and Project B has a life of 4 years. How many times (after the initial project life) would each project need to be repeated in order to conduct an analysis with the replacement change approach? O a. Project A would need to be repeated 5 times and Project B would need to be repeated 3 times b. Project A would need to be repeated 3 times and Project B would need to be repeated 5 times. c. Project A would need to be repeated twice and Project B would need to be repeated twice. O d. Project A would need to be repeated once and Project B would need to be repeated twice. e. Project A would need to be repeated once and Project B would need to be repeated once. O 1.The average annual cost of damages caused by flooding to a subdivision nearPasig River is estimated at P 5M. To build a gravity dam to protect the area from flooding would cost P 25M and would cost an annual maintenance cost of P 2M. Interest is 11%. How many years will it take for the dam to pay itself?
- Prepare a project charter for the Fixer Upper Project. Assume the project will take six months to complete and cost about $350,000 (or agreed upon price), that you estimate you will spend $40,000 for renovations. The first three months of the project will involve finding and closing on the property, and the last three months will involve fixing up the property, finding renters (preferably two renters), and preparing financial information for you and your aunt. Assume the project starts on October 1 and finishes on April 1. Recall that the main project objectives are to find and renovate a house that your Aunt Julie would own but you would live in and be able to rent out one to three rooms. Julie has also agreed that she will let you earn equity on the house. As she has said to you a few times, "Pretend I'm your banker, and it's your home." You will do all of the renovation planning work, including creating detailed cost estimates for all of the renovations, preparing a detailed…Oil from a specific type of marine microalgae can be converted into biodiesel that may serve as an alternate transportable fuel for automobiles and trucks. If lined ponds are used to grow the algae, the construction cost is $12 million and the M&O cost is estimated at $1.6 million per year. Alternatively, if long plastic tubes are used for growing the algae, the initial cost will be higher at $16 million, but less contamination will render the M&O cost lower at $0.4 million per year. At an interest rate of 10% per year and a 5-year project period, which system is better—ponds or tubes? Use a present worth analysis. The present worth of lined ponds is $ ____million and that of plastic tubes is $ ____million. ____ (Lined ponds or plastic tubes) are used to grow algae.A chemical reactor, which will contain corrosive liquids, has been designed. The reactor may be made of mild steel or stainless steel. The initial cost, including installation, of a mild steel reactor is expected to be P 72,000 and would last 5 years. Stainless steel is more resistant to the corrosive action of the liquids, but is more expensive and will cost P 120,000. Assuming that both types of reactors will have no salvage or scrap value at the end of their useful lives and could be replaced at the same costs as before, and if money is worth 12% compounded annually, what should the useful life of the stainless reactor be so that the capitalized costs are equal?
