Question 5 of 9Sean's hair salon is considering buying airtime for a television commercial to spread the word about their servicesand get clients during non-peak hours. Alternatively, they could invest in a cheaper newspaper ad campaign. Theyforecasted the following cash flows for the two options:Television: Investment of $6,250 would increase profits by $5,300 in the 1st year and $3,700 in the 2nd year.Newspaper: Investment of $1,250 today would increase profits by $2,000 in the 1st year and $700 in the 2nd year.The cost of capital is 18.00%.a. By calculating the Net Present Value (NPV) of each investment, determine which option is better?TelevisionNewspaperb. By how much is the profit of the better investment greater than the other investment?Round to the nearest cent

Answered: Image /qna-images/answer/d7212b8a-08d1-4d8b-bb59-30e0a5e70354.jpg

Answered: Television: Investment of $6,250 would…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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You invest $2,000 in a mutual fund paying 9% interest. It takes about 7 years for your initial investment of $2,000 to double to $4,000. How long would it take your $4,000 to then double to $8,000? Choose the best answer. Year Beginning Interest End 180.00 $ 2,180.00 196.20 $ 2,376.20 213.86 $ 2,590.06 2,000.00 $ 1. 2,180.00 $ APR 9% 2. 2,376.20 $ 3 2,590.06 $ 233.11 $ 2,823.16 4 2,823.16 $ 254.08 $ 3,077.25 3,077.25 $ 276.95 $ 3,354.20 3,354.20 $ 301.88 $ 3,656.08 3,656.08 $ 329.05 $ 3,985.13 3,985.13 $ 358.66 $ 4,343.79 4,343.79 $ 390.94 $ 4,734.73 About 14 years About 7 years About 21 years About 10 years
PROJECT THE COST OF POST GRADE 12 STUDIES You are in your last year of study at school. Suppose your intention is to study further next year at the university, FET college or any other institution. Find out what the fees will be for the particular course you intend to do. The cost of your studies for the first year will be the current amount. This amount will most certainly be increased the following year. In order to find out what the increased amount will be, you need to find out what the amount was for the past three years. These amounts will give you an indication of the percentage for the next year. ACTIVITY 2: Use the table to work out the percentage increase: Note: ⚫ The following formula may help you to calculate the percentage increase for one year. Round all answers to ONE decimal place. Percentage increase YEAR New fees-old fees x100 Old fees FEES PERCENTAGE INCREASE Year before last Last year Current year Thus, the average increase is: % (show calculations)
Q6 Your client has been given a trust fund valued at $1.64 million. She cannot access the money until she turns 65 years old, which is in 15 years. At that time, she can withdraw $18,000 per month.If the trust fund is invested at a 4.5 percent rate, how many months will it last your client once she starts to withdraw the money? (Do not round intermediate calculations and round your final answer to 2 decimal places.) NUMBER OF MONTHS?
You have $3,000 on a credit card that charges a 23% interest rate. If you want to pay off the credit card in 3 years, how much will you need to pay each month (assuming you don't charge anything new to the card)? %$4 each month > Next Question Type here to search
You deposit $1000 into an investment account. 8 years later, the amount in the account has doubled. What is the percent growth (as a decimal) of the account?
|4. The Booster Club raised $30,000 for a sports fund. No more money will be placed into the fund. The appreciation value of the fund is 5.25% per year. Determine the amount of money, to the nearest cent, that will be left in the sports fund after 4 years.
FINANCIAL LITERACY 3. Daniel is a very good television salesperson. His annual sales average at $187,400. His commission on sales is 30% and his annual base salary is $40,000. On average what is his annual gross income?
15% increase in price of an article , which is $1,620 , is the increase of ?

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