Q1:- A contractor who has a construction mechanism that he presents to rent for his data as in the following table, answer the questions in the table if you know that the contractor wants profits equal to the interest rate and there is no tax and operating and maintenance costs on the tenant: Purchase price (millions of dinars) 109 useful life (year) 15 Interest rate 0 Book value (million dinars) at the end of year 8 using the cashback method Find the 69.936 rental price at the end of year 9 using the sum of years digit method?
Q1:- A contractor who has a construction mechanism that he presents to rent for his data as in the following table, answer the questions in the table if you know that the contractor wants profits equal to the interest rate and there is no tax and operating and maintenance costs on the tenant: Purchase price (millions of dinars) 109 useful life (year) 15 Interest rate 0 Book value (million dinars) at the end of year 8 using the cashback method Find the 69.936 rental price at the end of year 9 using the sum of years digit method?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:Q1:- A contractor who has a construction mechanism that he presents to rent for his data as in the following table, answer the
questions in the table if you know that the contractor wants profits equal to the interest rate and there is no tax and
operating and maintenance costs on the tenant:
Purchase price (millions of dinars)
109
useful life (year)
15
Interest rate 0
9.
Book value (million dinars) at the end of year 8 using the cashback method Find the
69.936
rental price at the end of year 9 using the sum of years digit method?
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