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Finger [1]
2 years ago
8

A​ 12-cylinder heavy-duty diesel engine will have a guaranteed residual value of​ $1,000 in five years. Today​ (year 0) the equi

valent worth of this engine is how much if the interest rate is​ 9% per​ year?
Business
1 answer:
zavuch27 [327]2 years ago
5 0

Answer:

$650

Explanation:

Guaranteed Residual Value = FV = $1,000

Interest rate = r = 9% = 0.09

Number of years = n = 5 years

Using Following formula we can calculate today's worth of the engine.

Residual value after 5 years = Today's value x ( 1 + rate of interest )^number of years

FV = PV x ( 1 + r )^n

$1,000 = PV x ( 1 + 0.09 )^5

PV = $1,000 / ( 1.09 )^5

PV = $649.93

PV = $650 (rounded off to the nearest whole number)

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Inside city limits, the minimum distance for parking cars from a warning cross indicating a railroad crossing is 50 meters (165
Sergeeva-Olga [200]

Answer:

False

Explanation:

The answer is False.

As Outside city limits has the minimum distance for parking cars from a warning cross indicating a railroad crossing is 50 meters (165 feet).

5 0
2 years ago
The collection of shosoin imperial repository indicates the extensive international exchange between _______ that took place dur
Aleksandr-060686 [28]
<span>The shosoin is an existent record of the trades along the Silk Road between the east and the west. It has items like Persian bowls, lutes, and Chinese silks. The shosoin has over nine thousand items that show the culture of the people that traded on the Silk Road.</span>
7 0
2 years ago
Sherry's teacher told her that she should schedule an informational interview with the mayor of her city. Which two questions wo
tatiyna

Answer: Who else do you know in this career field that I could speak to about this career?

What experience did you obtain before being elected?

Explanation:

Informational interview is the interview which is conducted to obtain information from the celebrities, politicians, and other important people to understand and learn about the strategies and planning they are gone through with in their career.

Informational interview can also be defined as a kind of meeting in which the potential job seekers get career advice.

Here, Sherry is going to obtain the career advice from mayor. Thus she will ask question related to mayor's career.

She can ask about the prior experience of mayor in politics or any other field before he was elected. She can also ask about who else she can talk related to this career for better understanding.

8 0
2 years ago
Read 2 more answers
Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay
Maurinko [17]

Option D

Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay are called Paid time off plans

<h3><u>Explanation:</u></h3>

Paid Time Off (PTO) plans are a dilemma to regular paid leave systems that combine versatile kinds of leave (paid vacation, sick, and personal days) into an individual plan.  A PTO plan offers your company extra engaging to proposed workers by expanding the number of days they can drive off from work and however accept paid if they are usually in normal health.

Since most workers will never use whole their sick days, they can earn the contrast as additional vacation time. There is no charge to the company and workers are more satisfied.

4 0
2 years ago
Which of the following statements is not true of a strategic inflection point?
Elanso [62]

Answer:

The correct anwer is E) A new CEO is an example of a strategic inflection point.

Explanation:

The statement that "A new CEO is an example of a strategic inflection point" is false since to determine a strategic inflection point we rely on other factors that affect companies such as the power of competitors, the power of customers, the power of potential competitors, the power of suppliers and the power of substitutes.

For example, if my product or service is exceeded 10 times more by the competition in quality or price; we are talking about a strategic inflection point.

8 0
2 years ago
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