Homework Answers
Solution: Given that V(0) = $2500
Since, V = mt + C, this implies that
V(0) = m(0) + C
25000 = 0 + C
C = 2500
Now, after 10 years, V(10) = $2000,
So, V(10) = m(10) + C
2000 = 10m + 25000
10m = -23000
m = -2300
Hence, the required equation is V(t) = - 2300t + 25000
Add Answer to:
2. College Purchased a hgh-blume & printer for $25000 After 10 Years the printer will be replaced F+s Value at...
the value of s? Return to 1 A machine purchased a year ago for $85,000 costs...
the value of s?
Return to 1 A machine purchased a year ago for $85,000 costs more to operate than anticipated At the time of the purchase, it was expected to be used for 10 years with annual maintenance costs of $22,000 and a salvage value of $10,000o However, last year, t incurred a cost $38,000, which is expected to escalate to $39.200 this year and increase by $1,200 each year thereafter. The market value is now estimated to be...
2) The value y of a copier x years after it was purchased can be modeled...
2) The value y of a copier x years after it was purchased can be modeled by the equation y = 4000-600x. Describe what the y-intercept and slope represent in this situation. Find the value of the copier after 5 years. 3) Find the x-intercept and y-intercept of the line with the given equation. Then graph the line. a) 2x + 3y = 6 b) -5x + 3y = 15
(2) The value of an automobile purchased in 2009 can be approximated by the function V(t)...
(2) The value of an automobile purchased in 2009 can be approximated by the function V(t) 25(0.85), where t is the time, in years, from the date of purchase, and V(t) is the value, in thousands of dollars (a) Find the rate, in thousands of dollars per year, at which the value is decreasing at time t (b) Find the equation of the tangent line to V(t) at t point-slope form. Use exact values. 1 year. Leave your answer in...
An $80,000 recycled paper baling machine was purchased 2 years ago. The projected market value of...
An $80,000 recycled paper baling machine was purchased 2 years ago. The projected market value of the machine and the projected net revenue from its operation are shown in the table below. If the company's MARR is 9%, what is the best time for the company to abandon the recycled paper baling project to maximize its present worth? End of Year: 1 2 3 4 Net Revenue: $20000 $18000 $12000 $3000 Machine Market Value: $35000 $25000 $18000 $10000
Company B purchased equipment that cost 750,000 with salvage value of 150,000 after 10 year for...
Company B purchased equipment that cost 750,000 with salvage value of 150,000 after 10 year for both plant in the United States and Hong Kong. MACRS depreciation with n=5 year is applied in the United States and standard SL depreciation with n=10 years is used in Hong Kong. 1. Develop and graph the book value for both plants. 2. If the equipment is sold after year 10 for 100,000, find the over or under depreciated amounts for each plant.
Two years ago a 10 year 10% annual coupon $1000 face value bond was purchased at...
Two years ago a 10 year 10% annual coupon $1000 face value bond was purchased at a yield of 8%. Right after purchase the interest rates went up to 12%. If this bond is sold today, what is the investor's annual return on this investment? Hint: step 1: find original purchase price of the bond. step 2: find the reinvested value of all received coupons and the sale price of the bond. step 3: compute the annual rate of return...
An college savings fund will be worth $34,000 in 10 years. Find the present value if...
An college savings fund will be worth $34,000 in 10 years. Find the present value if interest is at 4.4% compounded continuously. The correct formula to calcuate the present value is: O A. Po = 34,000(1 +0.044)10 O B. Po = 34,000(1 +0.044) – 10 OC. Po = 34,000 e (0.044/(10) OD. Po = 34,000 e - (0.044)(10) O E. None of the above The present value is $ (Round to the nearest cent as needed.) 3. (7 points) Find...
An asset was purchased for $71,000 and originally estimated to have a useful life of 10 years with a residual value of $...
An asset was purchased for $71,000 and originally estimated to have a useful life of 10 years with a residual value of $3,500. After two years of straight-line depreciation, it was determined that the remaining useful life of the asset was only two years with a residual value of $1,400. a) Determine the amount of the annual depreciation for the first two years. $ b) Determine the book value at the end of Year 2. $ c) Determine the depreciation...
A high-speed electronic assembly machine was purchased two years ago for $50,000. At the present ...
A high-speed electronic assembly machine was purchased two years ago for $50,000. At the present time, it can be sold for $26,000 and replaced by a newer model having a purchase price of $42,500; or it can be kept in service for a maximum of one more year. The new assembly machine, if purchased, has a useful life of not more than two years. If the before-tax MARR is 18%, when should the old assembly machine be replaced? Use the...
Problem 2 – 10 points Company B purchased equipment that cost 750,000 with salvage value of...
Problem 2 – 10 points Company B purchased equipment that cost 750,000 with salvage value of 150,000 after 10 year for both plant in the United States and Hong Kong. MACRS depreciation with n=5 year is applied in the United States and standard SL depreciation with n=10 years is used in Hong Kong. Develop and graph the book value for both plants. If the equipment is sold after year 10 for 100,000, find the over or under depreciated amounts for...
the value of s?
Return to 1 A machine purchased a year ago for $85,000 costs more to operate than anticipated At the time of the purchase, it was expected to be used for 10 years with annual maintenance costs of $22,000 and a salvage value of $10,000o However, last year, t incurred a cost $38,000, which is expected to escalate to $39.200 this year and increase by $1,200 each year thereafter. The market value is now estimated to be...
2) The value y of a copier x years after it was purchased can be modeled by the equation y = 4000-600x. Describe what the y-intercept and slope represent in this situation. Find the value of the copier after 5 years. 3) Find the x-intercept and y-intercept of the line with the given equation. Then graph the line. a) 2x + 3y = 6 b) -5x + 3y = 15
(2) The value of an automobile purchased in 2009 can be approximated by the function V(t) 25(0.85), where t is the time, in years, from the date of purchase, and V(t) is the value, in thousands of dollars (a) Find the rate, in thousands of dollars per year, at which the value is decreasing at time t (b) Find the equation of the tangent line to V(t) at t point-slope form. Use exact values. 1 year. Leave your answer in...
An college savings fund will be worth $34,000 in 10 years. Find the present value if interest is at 4.4% compounded continuously. The correct formula to calcuate the present value is: O A. Po = 34,000(1 +0.044)10 O B. Po = 34,000(1 +0.044) – 10 OC. Po = 34,000 e (0.044/(10) OD. Po = 34,000 e - (0.044)(10) O E. None of the above The present value is $ (Round to the nearest cent as needed.) 3. (7 points) Find...
A high-speed electronic assembly machine was purchased two years ago for $50,000. At the present time, it can be sold for $26,000 and replaced by a newer model having a purchase price of $42,500; or it can be kept in service for a maximum of one more year. The new assembly machine, if purchased, has a useful life of not more than two years. If the before-tax MARR is 18%, when should the old assembly machine be replaced? Use the...
Most questions answered within 3 hours.
-
1. When balancing the equation H2SO4 (aq) + NaOH (aq) →
Na2SO4(aq) + H2O(aq), would you...
asked 31 minutes ago -
Provide a definition of “classification hierarchy” and
illustrate your definition with an example of how and...
asked 8 minutes ago -
1. Describe the four main green solvents. Provide one example of
the use of each solvent....
asked 12 minutes ago -
International ethics focus on:
1) exploitation of labor
2)corruption
3) environmental impact
4) none of the...
asked 23 minutes ago -
Costing Models You work for XYZ trucking and your boss has asked
you to figure out...
asked 15 minutes ago -
A 24.6 g sample of brass is heated in a flask to 125°C in
boiling water...
asked 24 minutes ago -
Which drug candidates are most effective at docking with COX1
and COX2 respectively?
COX1: flurbiprofen, COX2:...
asked 37 minutes ago -
You place the left end of the rod on a fulcrum, and hang the
right end...
asked 38 minutes ago -
Push an object with half the mass of the cabinet with a force of
200 N....
asked 44 minutes ago -
Differentiate the application and functions of
electronic medical records, electronic health records and
electronic personal health...
asked 45 minutes ago -
What is the height of the tsunami in a water depth of 10 m
assuming the...
asked 56 minutes ago -
A χ2 goodness-of-fit test was used to test the hypothesis that
students at a local university...
asked 59 minutes ago