I NEED A CORRECT ANSWER PLS. PLS VERIFY THE ANSWER BEFORE POSTING.
NPV | 630997 | |||
Annual rate | 24% | |||
Compounded | 4 | times a year | ||
life | 8 | years | ||
quarterly rate | 0.06 | |||
quarterly worth of project | = | NPV/(1+ quarterly rate)^life*4 | ||
= | 97777.652 | |||
I NEED A CORRECT ANSWER PLS. PLS VERIFY THE ANSWER BEFORE POSTING. Question 1 0.4 pts...
Umber is the project manager of a new project. Another employee calculated the present worth of the project as $585618, but now the CEO has asked Umber to calculate the equivalent uniform quarterly worth of the project. The company uses a nominal annual rate of 24%, compounded quarterly. The project has a lifespan of 9 years. What is the equivalent uniform quarterly worth of this project? Enter your answer as 12345
I NEED A CORRECT ANSWER PLS. PLS VERIFY THE ANSWER BEFORE POSTING. Question 1 0.7 pts The Ashton Group is developing a new product line. Initial costs for the line are $87,985. Annual utilities will be $34,193. The company plans to concentrate on marketing for the first 4 years at a cost of $13,812 per year. Profits are anticipated to be zero for the first few years. It is estimated the product line will finally have a profit of $466,925...
I NEED A CORRECT ANSWER PLS. PLS VERIFY THE ANSWER BEFORE POSTING. Question 1 0.6 pts The city of Mersey is planning to construct a bridge across the Cavendashim river. The first cost of the bridge will be $6,565,835. Annual maintenance and repairs will be $25,725 for the first 5 years, and then will increase to $36,476 for each of the next 10 years. For the final 5 years, the annual maintenance and repairs will increase again to $53,981 per...
I NEED A CORRECT ANSWER PLS. PLS VERIFY THE ANSWER BEFORE POSTING. 0.7 pts Question 1 Fresh Foods is considering the purchase of a new packaging system. The system costs $83,732. The company plans to borrow three-quarters (3/4) of the purchase price from a bank at 8% per year compounded annually. The loan will be repaid using equal, annual payments over a 6-year period. The payments will be made at the end of each year for the life of the...
I NEED ABSOLUTELY CORRECT ANSWERS FOR THESE. Question 5 0.4 pts You have $792,065 in a retirement account that pays a nominal annual interest rate of 9%, compounded quarterly. If you plan to take a quarterly distribution for the next 12 years, how much could you withdraw each quarter? Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign ("$"), any commas ("") or a decimal point (":"). Question 6 0.5 pts Kreskin deposits $6,011...
I NEED ABSOLUTELY CORRECT ANSWERS FOR THESE. 0.6 pts Question The city of Suburbia received a proposal for plant watering from Water Can Gardening Company. The company would water all city plants for $634 each quarter, increasing the amount charged by $17 each subsequent quarter. Water Can Gardening Company requires a 8-year commitment. The mayor has asked you to calculate the equivalent uniform quarterly cost for the plant water service to help with budgeting. Use a nominal annual interest rate...
Question 1 0.25 pts This is an extra credit problem. It is optional. The Creighton family owns a vacation rental which generates $13,752 in income each quarter. The family outsources maintenance to another company which charges $1,140 per quarter, with the amount increasing by $14 each subsequent quarter. What is the equivalent uniform quarterly worth of the vacation rental when looked at over a 12-year planning period? Use a nominal annual interest rate of 7%, compounded quarterly to make the...
Question 1 0.2 pts You are told the present worth of a project is $761,996. The project has a lifespan of 7 years. The company uses a MARR of 7%. What is the annual worth of the project? Enter your answer using the format: 12345.67 Do not use a dollar sign ("$") or any commas ("") Question 2 0.3 pts Felix deposited $11,702 into an account paying a nominal annual interest rate of 8%, compounded annually. At the end of...
I NEED ABSOLUTELY CORRECT ANSWERS FOR THESE. 0.5 pts Question 3 Violet deposits $7,073 at the end of each year into an account paying a nominal annual interest rate of 8% compounded monthly. How much does Violet have in the account at the end of 11 years? Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign ("$"), any commas ("') or a decimal point (".") 0.5 pts Question 4 Paisley Motors helped out a...
The Creighton family owns a vacation rental which generates $10,809 in income each quarter. The family outsources maintenance to another company which charges $1,127 per quarter, with the amount increasing by $25 each subsequent quarter. What is the equivalent uniform quarterly worth of the vacation rental when looked at over a 15-year planning period? Use a nominal annual interest rate of 2%, compounded quarterly to make the calculation. Enter your answer as 12345 Round your answer. Do not use a...