Question

If $2,300 is invested now, $3,100 two years from now, and $3,600 four years from now at an interest rate of 10% compounded anCompound Amount Factor (F/P, i, N) 1.1000 1.2100 1.3310 1.4641 1.6105 Present Worth Factor (P/F, i, N) 0.9091 0.8264 0.7513 0

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

D351 - X fx =C351*B351 A B C D 348 Period Cash flows FVIF@10% Future value 3490 $ 2,300 2.144 $ 4,930.25 350 1 $ - 1.949 $ 35

*Please rate thumbs up

Add a comment
Know the answer?
Add Answer to:
If $2,300 is invested now, $3,100 two years from now, and $3,600 four years from now...
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
  • Consider the cash flow shown in the accompanying diagram. What value of C makes the inflow...

    Consider the cash flow shown in the accompanying diagram. What value of C makes the inflow series equivalent to the outflow series at an interest rate of 10%? 0 12i 31 4i 5i 6i 7i 8i Years i 2C B click the iron tn view the interest fartre fnr di rrete rnmnnindinn when i-10% ner vear The value of Cis s(Round to the nearest cent.) More Info Compound Present Worth Factor Amount Factor CompoundSinking Fund Factor Amount Factor Present Worth...

  • Consider the accompanying cash flow diagram. Compute the equivalent annual worth at i= 10 % 6....

    Consider the accompanying cash flow diagram. Compute the equivalent annual worth at i= 10 % 6. $5,000 $6,000 $4,000 $3,000 2 4 56 Years $3,000 Click the icon to view the interest factors for discrete compounding when i 10% per year The equivalent annual worth is $ (Round to the nearest dollar.) 8: More Info Equal Payment Series Single Payment Gradient Series Gradient Present Compound Present Compound Amount Sinking Present Capital Recovery Gradient Worth Fund Worth Uniform Amount Factor Factor...

  • The replacement of a planning machine is being considered by the Reardor Furniture Company. (There is...

    The replacement of a planning machine is being considered by the Reardor Furniture Company. (There is an indefinite future need for this type of machine) The best chalenger will cost $35,000 for installation and will have an estimated economic life of 11 years and a $2.200 MV at that time. It is estimated that annual expenses will average $11,000 per year. The defender has a present BV of $6,000 and a present MV of $4000. Data for the defender for...

  • Consider the cash flow diagram and i = 10%. What is the equivalent annual value?                             &nbs

    Consider the cash flow diagram and i = 10%. What is the equivalent annual value?                                                                                                                                        Equal Payment Series Gradient Series Single Payment Compound Present Amount Worth Factor Factor (F/P.IN) (P/EN) Compound Amount Factor (F/A,IN) Sinking Fund Factor (A/EN) Present Worth Factor (P/A.IN) Capital Recovery Factor (A/P.AN) Gradient Uniform Series (A/GIN) Gradient Present Worth (P/G/N) N N 1.1000 1.2100 1.3310 1.4641 1.6105 0.9091 0.8264 0.7513 0.6830 0.6209 1.0000 2.1000 3.3100 4.6410 6.1051 1.0000 0.4762 0.3021 0.2155 0.1638 0.9091...

  • You are considering two investment options. In option A. you have to invest $6,000 now and...

    You are considering two investment options. In option A. you have to invest $6,000 now and $700 three years from now. In option B. you have to invest $3,000 now, $1,300 a year from now, and $800 three years from now. In both options, you will receive four annual payments of $1,900 each. (You will get the first payment a year from now.) Which of these options would you choose based on (a) the conventional payback criterion, and (b) the...

  • engineering econmy 9. You are asked to decide between two projects based on annual equivalent worth....

    engineering econmy 9. You are asked to decide between two projects based on annual equivalent worth. A -$10,000 -$12,000 $6,000 $7,000 $5,000 $8,000 $4,000 12 Click the icon to view the interest factors for discrete compounding when i 10% per year. (a) What assumptions do you need to make in comparing these mutually exclusive revenue projects? Select all that apply. A. The two projects will be available in the future at the increasing cost. B. The salvage values of two...

  • Two 180-horsepower water pumps are being considered for installation in a farm. Financial data for these...

    Two 180-horsepower water pumps are being considered for installation in a farm. Financial data for these pumps are in the table below. If power cost is a flat 4 cents per kWh over the study period, determine the minimum number of hours of full-load operation per year that would justify the purchase of the more expensive pump at an interest rate of 10% (1 HP = 746 watts = 0.746 kilowatts). Click the icon to view the additional information. Click...

  • The replacement of a planning machine is being considered by the Reardorn Furniture Company. (There is...

    The replacement of a planning machine is being considered by the Reardorn Furniture Company. (There is an indefinite future need for this type of machine.) The best challenger will cost $35,000 for installation and will have an estimated economic life of 14 years and a $2,000 MV at that time. It is estimated that annual expenses will average $17,000 per year. The defender has a present BV of $6,000 and a present MV of $4000. Data for the defender for...

  • Consider the independent investment projects in the table below. Compute the project worth of each project...

    Consider the independent investment projects in the table below. Compute the project worth of each project at the end of six years with variable MARRs as follows: 10% for n = 0 to n= 3 and 15% for n = 4 to n=6. B Click the icon to view the information about the independent investment projects. Click the icon to view the interest factors for discrete compounding when MARR = 10% per year. Click the icon to view the interest...

  • The replacement of a planning machine is being considered by the Reardorn Furniture Company. (There is...

    The replacement of a planning machine is being considered by the Reardorn Furniture Company. (There is an indefinite future need for this type of machine.) The best challenger will cost $35,000 for installation and will have an estimated economic life of 14 years and a $2,000 MV at that time. It is estimated that annual expenses will average $17,000 per year. The defender has a present BV of $6,000 and a present MV of $4000. Data for the defender for...

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