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
Umber is the project manager of a new project. Another employee calculated the present worth of...
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...
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...
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...
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...
The Ashton Group is developing a new product line. Initial costs for the line are $68905. Annual utilities will be $30004. The company plans to concentrate on marketing for the first 4 years at a cost of $13990 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 $481206 at the end of year 6 and profits will continue to increase by 18% each subsequent...
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...
Future Value and Present Worth (DRAW the Cash Flow Diagram) a) MARTA is buying a new ticketing system. The price the vendor and MARTA has agreed to is $200,000. The city will also pay 8% interest compounded annually for the ability to not make any payment on the system until the 5 year warranty period is up. So, the agency is going to install the new system in December 2018 but they do not have to pay the vendor until...
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...
The city of Suburbia received a proposal for plant watering from Water Can Gardening Company. The company would water all city plants for $646 each quarter, increasing the amount charged by $12 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 of 6%, compounded quarterly, to make the calculation. Enter your...
Kermit is considering purchasing a new computer system. The purchase price is $104403. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payments over a 3-year period. The computer system is expected to last 5 years and has a salvage value of $6409 at that time. Over the 5-year period, Kermit expects to pay a technician $20,000 per year to maintain the...