Question

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 compan

0 0
Add a comment Improve this question Transcribed image text
Answer #1

1.

AW = 761996 * (A/P, 7%,7) = 761996 * 0.185553 = 141390.81

2.

PW = 11702 + 11026 * (P/F, 8%,8) - 6376 * (P/F, 8%,12)

= 11702 + 11026 * 0.540269 - 6376 * 0.397114

= 15127.009

FW = 15127.009 *(F/P, 8%,19) = 15127.009 * 4.315701 = 65283.65

Add a comment
Know the answer?
Add Answer to:
Question 1 0.2 pts You are told the present worth of a project is $761,996. The...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question 1 0.25 pts This is an extra credit question. It is optional. Bosley is given...

    Question 1 0.25 pts This is an extra credit question. It is optional. Bosley is given the annual worth of a project as $21,347, but now his boss wants to know the present worth. The company uses a MARR of 4% interest. The project has a lifespan of 6 years. Enter your answer using this format: 12345.67 Do not use a dollar sign ("$") or any commas (""). Question 2 0.25 pts Hector just bought a house. He borrowed $450,913...

  • Question 1 0.2 pts Parson Enterprises wants to create a scholarship fund that will award $67,056...

    Question 1 0.2 pts Parson Enterprises wants to create a scholarship fund that will award $67,056 each year. How much does Parson Enterprises need to deposit today into an account paying a nominal annual interest rate of 2.62% compounded annually to provide scholarship funds forever? Enter your answer in this format: 1234.56 Do not use a dollar sign ("$") or any commas (*)") Question 2 0.35 pts A new highway bypass is being built in the city of Eagleton. The...

  • Please show code if you use excel thank you. Project A has a first cost of...

    Please show code if you use excel thank you. Project A has a first cost of $3,500, annual operating and maintenance costs of $1,900, annual savings of $2,300, and a salvage value of $1,800 at the end of its 5 year useful life. Project B has a first cost of $6,000, annual operating and maintenance costs of $1,600, annual savings of $2,500, and a salvage value of $2,000 at the end of its 7 year useful life. Using a MARR...

  • I NEED A CORRECT ANSWER PLS. PLS VERIFY THE ANSWER BEFORE POSTING. Question 1 0.4 pts...

    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 $630,997, 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 8 years. What is the equivalent uniform quarterly worth of...

  • I NEED ABSOLUTELY CORRECT ANSWERS FOR THESE. Question 5 0.4 pts You have $792,065 in a...

    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...

  • Question 6 0.6 pts Chester deposited $420728 into an account paying 5% interest compounded annual...

    Question 6 0.6 pts Chester deposited $420728 into an account paying 5% interest compounded annually with the goal of letting the money accrue interest until the end of year 32. Unfortunately, Chester had a small health crisis at the end of year 10 and had to use the money in the account for several years to help with expenses. Chester made an annual withdrawal of $41167 at the end of each year for 5 years. Chester's health improved and he...

  • Question 5 0.2 pts Caston Construction just purchased a new forklift for $81552. Annual expenses are...

    Question 5 0.2 pts Caston Construction just purchased a new forklift for $81552. Annual expenses are estimated to be $11375. Caston will perform a minor overhaul on the forklift every three years at a cost of $13644 and an extensive overhaul at the end of year 6 for $29861. At the end of its useful life in 12 years, the forklift will be sold for $12149. What is the first cost for the forklift? Enter your answer as: 1234. Do...

  • I NEED ABSOLUTELY CORRECT ANSWERS FOR THESE. 0.5 pts Question 3 Violet deposits $7,073 at the...

    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...

  • 1. You just won the lottery and you were told that you'd receive 10 annual after-tax...

    1. You just won the lottery and you were told that you'd receive 10 annual after-tax payments of $145,833 each. The first payment will be received today (and the last payment will be received at the beginning of the 10th year). The payments will be deposited into a bank account that pays 7.88% interest rate compounded annually. What do you expect to have at the end of year 10 (if you do not withdraw any money from the account throughout...

  • Question 4 0.5 pts You deposit $321 at the end of each quarter into an account...

    Question 4 0.5 pts You deposit $321 at the end of each quarter into an account that pays a nominal annual rate of 16% compounded quarterly. How much will you have in the account at the end of 15 years? Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign ("$"), any commas ("') or a decimal point (":").

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT