The value of the future worth for alternative X at an interest rate of12% per year is closest to:XFirst cost, $-15,000-35,000Annual operating cost, $ per year-9,000-7,000Salvage value, $2,0005,000Life, years36Select one:O a. -180,750O b. -118,908O c. -98,870O d. 150,350Y

In conclusion,The closest future worth to the answer choices is Od. -98,870. However, it's important…

Answered: The value of the future worth for…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

answer with solution
Pls help with below homework.
Show complete solution
Street lighting fixtures and their sodium vapor bulbs for a two-block area of a large city need to be installed at a first cost (investment cost) of $130,000. Annual maintenance expenses are expected to be$6,500for the first8years and$8,500 each year thereafter upto 25years. With an interest rate of 9% per year, what is the present worth cost of this project? Choose the closest answer below. A) $202,422 B $238,597 C) $249,468 D) $277,339
6
The cash flow associated with XYZ Mining operation costs is expected to be $200,000 in year 1, $180,000 in year 2, and amounts decreasing by $20,000 per year through 8. At an interest rate of 12% per year, find the equivalent annual worth (AW) of the operation costs. O a. $142,738 O b. $261,970 O C. $185,070 O d. $61,970
U.S. Census Bureau statistics show that the annual earnings for persons with a high school diploma are $35, 220 versus $57, 925 for someone with a bachelor’s degree. If the cost of attending college is assumed to be $35, 000 per year for 4 years and the forgone earnings during those years are assumed to be $35, 220 per year, what rate of return does earning a bachelor’s degree represent? Use a 25-year study period. In your analysis, you are expected to: (i) Use Excel to display the cash flow; (ii) Draw a Cash Flow Diagram; (iii) Use Excel to compute the internal rate of return of the CFD. (Hint: The investment in years 1 through 4 is the cost of college plus the foregone earnings, and the income in years 5 through 25 is the difference in income between a high school diploma and a bachelor’s degree.) Use excel
please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly
Your cousin is currentty 11 years old She will be going to colege in 7 years. Your aunt and uncle would like to have $95,000 in a savings account to fund her educaton at that time If the account promises to pay a fixed interest rate of 3.7% per year, how much money do they need to put into the account today to ensure that they will have $05.000 in 7 years? The amount they need to put away today is S (Round to the nearest cent.)
Calculate the total capital cost and the annual worth for the following cash flow diagram (the time is infinity) 2 4 8 10 12 14 20 26 Year Infinity $2000 $3000 S50,000 $1500 $1500 $1500 Only one рayment Cost repeated every 7 years i = 5% per year $90,000
please provide correct answer it would great help
The time line represents which investment scenario? 1 3 4 Today year years years years + $800 $800 $800 $800 $80 $80 $80 $8000 invested annually for 4 years in a O a) fund that pays 9% interest per year, compounded annually $8000 invested annually for 4 years in a b) fund that pays 18% per year, compounded semin annually $8000 invested annually for 4 years in a c) fund that pays 9% interest per year, compounded monthly $8000 invested annually for 1 year in a d) fund that pays 36% per year, compounded quarterly 2.

SEE MORE QUESTIONS

Recommended textbooks for you

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

Principles of Economics (MindTap Course List)

Economics

ISBN:

9781305585126

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Managerial Economics: A Problem Solving Approach

Economics

ISBN:

9781337106665

Author:

Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:

Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…

Economics

ISBN:

9781259290619

Author:

Michael Baye, Jeff Prince

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

The value of the future worth for alternative X at an interest rate of 12% per year is closest to: X First cost, $ -15,000 -35,000 Annual operating cost, $ per year -9,000 -7,000 Salvage value, $ 2,000 5,000 Life, years 3 6 Select one: O a. -180,750 O b. -118,908 O c. -98,870 O d. 150,350 Y