Homework Answers
Present value=Cash flows*Present value of discounting factor(rate%,time period)
=10310/1.0625+7890/1.0625^2+9290/1.0625^3+12110/1.0625^4+11310/1.0625^5
which is equal to
=$42292.55(Approx).
Add Answer to:
Problem 6.04 Kenneth Clark has just purchased some equipment for his landscaping business. For this equipment...
Daniel Jackson has just purchased some equipment for his landscaping business. For this equipment he must...
Daniel Jackson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,520, $7,570, $9,370, $12,560, and $11,660. If the appropriate discount rate is 7.910 percent, what is the cost in today's dollars of the equipment Daniel purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present value $
George Robinson has just purchased some equipment for his landscaping business. For this equipment he must...
George Robinson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,730, $8,350, $9,150, $12,540, and $11.870. If the appropriate discount rate is 7.630 percent, what is the cost in today's dollars of the equipment George purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present value $
Matthew Young has just purchased some equipment for his landscaping business. For this equipment he must...
Matthew Young has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,280, $7,520. $9.650, $12,070, and $11,940. If the appropriate discount rate is 5.950 percent, what is the cost in today's dollars of the equipment Matthew purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present value $
Kevin Hall has just purchased some equipment for his landscaping business. For this equipment he must...
Kevin Hall has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,790, $7,980, $9,510, $12,910, and $11,900. If the appropriate discount rate is 7.320 percent, what is the cost in today’s dollars of the equipment Kevin purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.)
Daniel Jackson has just purchased some equipment for his landscaping business. For this equipment he must...
Daniel Jackson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,520, $7,570, $9,370, $12,560, and $11,660. If the appropriate discount rate is 7.910 percent, what is the cost in today’s dollars of the equipment Daniel purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.)
Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must...
Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of the next five years: $16,890, $8,010, $9,315, $12,330, and $11,580. If the appropriate discount rate is 10.200 percent, what is the cost in today’s dollars of the equipment Saul purchased today? (Round
Chris Anderson has just purchased some equipment for his landscaping business. For this equipment he must...
Chris Anderson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,920, $7,690, $9,450, $12,850, and $11,080. If the appropriate discount rate is 7.035 percent, what is the cost in today’s dollars of the equipment Chris purchased today?
Bil Zimmermans evaluating two new business opportunities. Each of the opportunities shown below has a ten year lite...
Bil Zimmermans evaluating two new business opportunities. Each of the opportunities shown below has a ten year lite uses a 11% discount rate Option 1 $71,100 $28,100 $4,710 Option 2 $82,150 $30,440 Equipment purchase and installation Annual cash flow Equipment overhaul in year 3 Equipment overhaul in year 5 $5,970 Gick here to view the factor table Calculate the net present value of the two opportunities (Round present value factor calculations to 4 decimal places, e.g. 1.2514 and the final...
Problem 10-12A (Part Level Submission) Laverne purchased a new piece of equipment to be used in...
Problem 10-12A (Part Level Submission) Laverne purchased a new piece of equipment to be used in its new facility. The $400,000 piece of equipment was purchased with a $60,000 down payment and with cash received through the issuance of a $340,000, 8%, 5-year mortgage payable issued on January 1, 2017. The terms provide for annual installment payments of $85,155 on December 31. (a) Prepare an installment payments schedule for the first five payments of the notes payable. (Round answers to...
Problem 16-3 Flounder Clinic is considering investing in new heart-monitoring equipment. It has two options. Option...
Problem 16-3 Flounder Clinic is considering investing in new heart-monitoring equipment. It has two options. Option A would have an initial lower cost but would require a significant expenditure for rebuilding after 4 years. Option B would require no rebuilding expenditure, but its maintenance costs would be higher. Since the Option B machine is of initial higher quality, it is expected to have a salvage value at the end of its useful life. The following estimates were made of the...
Daniel Jackson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,520, $7,570, $9,370, $12,560, and $11,660. If the appropriate discount rate is 7.910 percent, what is the cost in today's dollars of the equipment Daniel purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present value $
George Robinson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,730, $8,350, $9,150, $12,540, and $11.870. If the appropriate discount rate is 7.630 percent, what is the cost in today's dollars of the equipment George purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present value $
Matthew Young has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,280, $7,520. $9.650, $12,070, and $11,940. If the appropriate discount rate is 5.950 percent, what is the cost in today's dollars of the equipment Matthew purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present value $
Bil Zimmermans evaluating two new business opportunities. Each of the opportunities shown below has a ten year lite uses a 11% discount rate Option 1 $71,100 $28,100 $4,710 Option 2 $82,150 $30,440 Equipment purchase and installation Annual cash flow Equipment overhaul in year 3 Equipment overhaul in year 5 $5,970 Gick here to view the factor table Calculate the net present value of the two opportunities (Round present value factor calculations to 4 decimal places, e.g. 1.2514 and the final...
Problem 10-12A (Part Level Submission) Laverne purchased a new piece of equipment to be used in its new facility. The $400,000 piece of equipment was purchased with a $60,000 down payment and with cash received through the issuance of a $340,000, 8%, 5-year mortgage payable issued on January 1, 2017. The terms provide for annual installment payments of $85,155 on December 31. (a) Prepare an installment payments schedule for the first five payments of the notes payable. (Round answers to...
Problem 16-3 Flounder Clinic is considering investing in new heart-monitoring equipment. It has two options. Option A would have an initial lower cost but would require a significant expenditure for rebuilding after 4 years. Option B would require no rebuilding expenditure, but its maintenance costs would be higher. Since the Option B machine is of initial higher quality, it is expected to have a salvage value at the end of its useful life. The following estimates were made of the...
Most questions answered within 3 hours.
-
Calculate the number density of argon gas at a temperature of
24C and a pressure of...
asked 2 hours ago -
Alternative
Classification
How to Estimate
Probabilities from Data? ( For continuous Attributes)
And How to generate...
asked 2 hours ago -
An explosion breaks a 20.0-kg object into three parts. The
object is initially moving at a...
asked 2 hours ago -
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 3 hours ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 4 hours ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 5 hours ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 5 hours ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 5 hours ago -
What would be the input/output characteristic of a circuit
obtained by putting two of your 2's-complementers...
asked 5 hours ago -
In Drosophila, the transition from the syncytial blastoderm
stage to the cellular blastoderm stage is a...
asked 6 hours ago -
Project management question:
Name 3 different types of resources (hint: humans are one
type)
asked 6 hours ago -
Consider the following reaction: C 2H 2( g) + 2H 2( g) C 2H 6(
g)...
asked 6 hours ago