The series of cash flows for investment in the Kogi BBQ food truck are givenbelow. What is the equivalent uniform annual worth of this investment, givenan interest rate of 8 percent?Round your answer to the nearest whole number. Do not use currency signssuch as "$." Observation: The equivalent uniform annual worth may bepositive or negative.CASH FLOWS FOR KOGI BBQYear Benefits Costs0 0(39,176)1 10,455 (2,611)216,057 (4,018)319,136 (3,881)You Answered167,914Correct Answer-3,679 margin of error +/- 1%

To find the equivalent uniform annual worth (EUAW) of the investment, we need to calculate the net…

Answered: The series of cash flows for investment…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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[Use Excel] You are planning to buy a new car before you move to a new place for a job after graduation. You are given two options. The first one is the Toyota Prius which has an initial cost of $25,000 with miles per gallon (MPG) of 50. The second option is a regular sedan car with an initial cost of $18,000 and an MPG of 25. If the gasoline price is $ 4.50/gallon, the annual effective interest rate is 8%, beyond which annual mileage of the car you will choose Prius over the regular car. The car is supposed to stay for 10 years. [Round the final answer to an integer by round(answer,0) command]
You know that paying yourself by depositing money in a savings account is a prudent start to your retirement plan. You determined that, based on your other obligations, you can save 6,375.00 per year via an annual, single year-end deposit. You are 35 years old now, so your money will grow for the next 30 years until you turn 65. You will open a savings account at the Wells Fargo branch near your home. Its savings accounts are paying 6% interest. The following table shows the future value factors for various periods and interest rates: Future Value of an Annuity Factor Year 2% 3% 5% 6% 8% 9% 10% 10 10.950 11.460 12.578 13.180 14.487 15.190 15.937 12 13.412 14.190 15.917 16.870 18.977 20.140 21.384 15 17.293 18.600 21.578 23.270 27.152 29.360 31.772 20 24.297 26.870 33.066 36.780 45.762 51.160 57.274 25 32.030 36.460 47.726 54.860 73.105 84.700 98.346 30 40.567 47.570 66.438 79.060 113.282 136.300 164.491 35 49.994 60.460 90.318 111.430 172.314 215.700…
John is a very cost-conscious investor. His rule of thumb is that it costs $200 per year, starting in the first year of vehicle life to maintain an automobile. This expense increases by $200 each year over the life of the car. John is now considering the purchase of a four-year old car with 40,000 miles on it for $7,000. How much money will John have to set aside now to pay for maintenance (as a lump sum) if he keeps this car for eight years? John's interest rate is 4% per year. Click the icon to view the interest and annuity table for discrete compounding when i= 4% per year. John will have to set aside $ to pay for maintenance. (Round to the nearest dollar.)
Determine the present equivalent value of the cash-flow diagram shown below when the annual interest rate, i, varies as indicated. P=? ܂ $1,000 i₁ = 8% 1 $2,000 The present equivalent value is $ 2 = 15% 2 i3 = 12% $1,000 ig = 8% 3 Years ܗܘܢ ܗܝ (Round to the nearest cent.) 4 $2,000 15 = 8% 16 = 12% 5 Click the icon to view the interest and annuity table for discrete compounding when i = 8% per year. Click the icon to view the interest and annuity table for discrete compounding when i= 12% per year. 6
5
Economics Questions 1, 2, 3, and 4 How to solve and answer these four econ questions showed in the screenshot?
Automobile repair shops typically recommend that their customers change their oil and oll filter every 4.500 miles. Your automobile user's manual suggests changing your oil every 6,500-8,000 miles. If you drive your car 87,750 miles each year and an oil and filter change costs S34, how much money would you save each year if you had this service performed every 6.500 miles? Your savings will be $ per year. (Round to the nearest cent.Y Enter your answer in the answer box

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