ABB purchased fieldbus communication equipment for a project in South Africa for $3.15 million. The net cash flow is estimated at $500,000 per year, and a salvage value of $400,000 is anticipated. Determine how many years the equipment must be used just to break even at interest rates ranging from 8% to 15% per year. Solve using a spreadsheet. The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 8%. The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 9%. The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 10%. The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 11%. The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 12%. The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 13%. The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 14%. The spreadsheet function used for finding the number of years is ___ , and the equipment must be used for years just to break even at an interest rate of 8%. The spreadsheet function used for finding the number of years is __ , and the equipment must be used for years just to break even at an interest rate of 9%. The spreadsheet function used for finding the number of years is ____ , and the equipment must be used for years just to break even at an interest rate of 10%. The spreadsheet function used for finding the number of years is ___ , and the equipment must be used for years just to break even at an interest rate of 11%. The spreadsheet function used for finding the number of years is ___ , and the equipment must be used for years just to break even at an interest rate of 12%. The spreadsheet function used for finding the number of years is ___ , and the equipment must be used for years just to break even at an interest rate of 13%. The spreadsheet function used for finding the number of years is __, and the equipment must be used for years just to break even at an interest rate of 14%. The spreadsheet function used for finding the number of years is __ , and the equipment must be used for years just to break even at an interest rate of 15%.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
ABB purchased fieldbus communication equipment for a project in South Africa for $3.15 million. The net cash flow is estimated at $500,000 per year, and a salvage value of $400,000 is anticipated.
Determine how many years the equipment must be used just to break even at interest rates
The spreadsheet
The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 9%.
The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 10%.
The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 11%.
The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 12%.
The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 13%.
The spreadsheet function used for finding the number of years is , and the equipment must be used for years just to break even at an interest rate of 14%.
The spreadsheet function used for finding the number of years is ___ , and the equipment must be used for years just to break even at an interest rate of 8%.
The spreadsheet function used for finding the number of years is __ , and the equipment must be used for years just to break even at an interest rate of 9%.
The spreadsheet function used for finding the number of years is ____ , and the equipment must be used for years just to break even at an interest rate of 10%.
The spreadsheet function used for finding the number of years is ___ , and the equipment must be used for years just to break even at an interest rate of 11%.
The spreadsheet function used for finding the number of years is ___ , and the equipment must be used for years just to break even at an interest rate of 12%.
The spreadsheet function used for finding the number of years is ___ , and the equipment must be used for years just to break even at an interest rate of 13%.
The spreadsheet function used for finding the number of years is __, and the equipment must be used for years just to break even at an interest rate of 14%.
The spreadsheet function used for finding the number of years is __ , and the equipment must be used for years just to break even at an interest rate of 15%.
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