Answer:
The NPV of the machine is closest to -$34.48
Explanation:
The net present value (NPV) of the project is the present value of the future net cash flows expected from the project less the initial cost of the project. The cash inflows from this project are the cost savings that are in a form of annuity and an amount for salvage value receivable at end of year 6. Thus, the NPV of the project is,
NPV = 4000 * [ (1 - (1+0.12)^-6) / 0.12 ] + 3000 / (1+0.12)^6 - 18000
NPV = - $34.48
Answer:
% people filed taxes = [Number of filed their taxes / Total number of people]100
Explanation:
% people filed taxes = [Number of filed their taxes / Total number of people]100
Assume;
Number of filed their taxes = 100
Total number of people = 1,000
% people filed taxes = [100/1000]100
% people filed taxes = 10%
Answer:
D. All of these alternatives are correct.
Explanation:
Chi square distribution is the cumulative probablity distribution. It provide probablity of every possible value. Chi square distribution is depend on degree of freedom and degree of freedom is calculated by subtracting 1 from the number of category from the data collected. It is used to check goodness of fit of an observed data, the independence of two categorical variables, it is also used in hypothesis testing and confidence interval for population variance.
Michelle doesn't have to see $90 worth a movie a month, and she could mostly cut that one out, if not completely. She could also see if she is able to lower her internet and/or television bill by downgrading plans.
Answer:
$4,372.71
Explanation:
Here for reaching the difference in PV between the first and the second offer first we need to follow some steps which is shown below:-
Step 1
Total payment due = Per tire × Bought tires
= $80 × 600
= $48,000
Step 2
Present value factor of 8.4% for 1 year = 1 ÷ (1 + Rate of interest)^Number of years
= 1 ÷ (1 + 8.4%)^1
= 1 ÷ (1 + 0.084)^1
= 1 ÷ 1.084
= 0.92251
Step 3
First offer
Present value = Total payment due × Present value factor of 8.4% for 1 year
= $48,000 × 0.92251
= $44,280.48
Step 4
Second offer
One year payment = Bought tires × Per tire
= 600 × $45
= $27,000
Step 5
Present value = One year payment × Present value factor of 8.4% for 1 year
= 27,000 × 0.92251
= $24,907.77
Step 6
Total present value = Present value of second offer + Tires cost
= $24,907.77 + $15,000
= $39,907.77
Here we can see that first offer is higher than second offer
So,
The difference between the first and the second offer = First offer - Second offer
= $44,280.48 - $39,907.77
= $4,372.71
