The cash inflows and (outflows) associated with a project are as follows: USD Dollars $At start(120,000.00)Year 140,000Year 250,000Year 360,000Residual value of project at the end of 3 years.20,000Calculate the pay back period.a.2 years and 3 monthsb.3 yearsc.2 years and 6 monthsd.2 years

Answered: Image /qna-images/answer/b7c425cf-5ae1-48e7-9ec6-2e2c7bcf0da7.jpg

Answered: Calculate the pay back period.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Straight-line DepreciationBook value is the value of an asset that a company uses to create its balance sheet.Some companies depreciate their assets using straight-line depreciation so that thevalue of the asset declines by a fixed amount each year. The amount of the declinedepends on the useful life that the company assigns to the asset. Suppose that acompany just purchased a fleet of new cars for its sales force at a cost of $31,500 percar. The company chooses to depreciate each vehicle using the straight-line methodover 7 years. This means that each car will depreciate by +31,500 7 = +4500 per year.(a) Write a linear function that expresses the book value V of each car as a functionof its age, x.(b) Graph the linear function.(c) What is the book value of each car after 3 years?(d) Interpret the slope.(e) When will the book value of each car be $9000?[Hint: Solve the equation V1x2 = 9000.]
Please don't provide handwritten solution... Cindy borrows 13,500 for 12 years at an annual effective interest rate of i. She accumulates the amount necessary to repay the loan by a sinking fund. Cindy makes a payment P at the end of each of the 12 years of the loan period; each includes payment on the loan at an annual effective interest rate of i and payment into a sinking fund on which the annual effective interest rate is 4%. If the annual effective rate on the loan had been 2i instead of i, Cindy's total annual payment would have been 1.2 P. Find P
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A loan of $26,000 is paid off in 36 payments at the end of each month in the following way: Payments of $650 are made at the end of the month for the first 12 months. Payments of $650 + x are made at the end of the month for the second 12 months. Payments of $650 + 2x are made at the end of the month for the last 12 months. What should x be if the nominal monthly rate is 12.2%?
16 v 17 18 19 20 To pay for a $22,900 car, Chau made a down payment of $3200 and took out a loan for the rest. On the loan, he paid monthly payments of $353.99 for 5 years. 00 (a) What was the total amount Chau ended up paying for the car (including the down payment and monthly payments)? (b) How much interest did Chau pay on the loan? Submit Assignment O 2021 McGraw-Hill Education. All Rights Reserved. Privacy Accessibility Tems of Use 637 AM A D E O 40 O Type here to search 2/18/2021 hp prt sc delete home & @ %23 9. backspace lock 2 3 4 6 8 { W E R T P home enter K

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	USD Dollars $
At start	(120,000.00)
Year 1	40,000
Year 2	50,000
Year 3	60,000
Residual value of project at the end of 3 years.	20,000