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pashok25 [27]
2 years ago
10

The students in Mrs. Reed's English class are reading the same $760$-page novel. Three friends, Alice, Bob and Chandra, are in t

he class. Alice reads a page in $20$ seconds, Bob reads a page in $45$ seconds and Chandra reads a page in $30$ seconds. Chandra and Bob, who each have a copy of the book, decide that they can save time by `team reading' the novel. In this scheme, Chandra will read from page $1$ to a certain page and Bob will read from the next page through page $760,$ finishing the book. When they are through they will tell each other about the part they read. What is the last page that Chandra should read so that she and Bob spend the same amount of time reading the novel?
Business
2 answers:
il63 [147K]2 years ago
4 0

Answer:

456

Explanation:

Taking the number of pages Chandra reads as x; we formulate an equation:

In the equation below, 30 represents time taken by Chandra, 45 represents time taken by Bob and 760 is the number of pages in the novel.

Solving for x:

30x = 45(760-x) ;

30x = 34,200 - 45x

30x + 45x = 34,200

75x = 34,200

x = 34,200/ 75

x= 456

Therefore Chandra will need to read up to the 456 page.

nikdorinn [45]2 years ago
4 0

Answer:

456

Explanation:

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2 years ago
Siemens AG invests €80,000,000 to build a manufacturing plant to build wind turbines. The company predicts net cash flows of €16
Nat2105 [25]

Answer:

a) the payback period of this investment = 5.00 years

b) Net Present Value is €11,945,600    

Explanation:

From the given information:

a)

The payback period of this investment is determined by using the formula:

Payback Period = Cost of investment/ annual net cashflow

Payback Period = €80,000,000/€16,000,000

Payback Period = 5.00 years

Thus; the payback period of this investment = 5.00 years

b)  What is the net present value of this investment?

The net present value of the investment is computed in the table below        

                    interest rate of return i = 8%

                    no of year n = 8 years

The PV factor is for 8 years and 8% is:

Year         8% factor rate

1               0.9259

2               0.8573

3               0.7938

4               0.7350

5               0.6806

6               0.6302

7               0.5835

<u>8               0.5403</u>

<u>                  5.7466</u>

Cash Flow    Select Chart       Amount    ×   PV Factor =   PresentValue

Annual          Table B1            16,000,000 ×   5.7466    = 91,945,600

CashFlow      (Using Excel)                          

Net Cash

Inflow                                                                                  91,945,600

Less:

<u>Investment                                                                          80,000,000       </u>

Net Present                                                                           11,945,600            

Value

<u>                                                                                                                        </u>

6 0
2 years ago
You have just signed a contract to purchase your dream house. The price is $120,000 and you have applied for a $100,000, 30-year
d1i1m1o1n [39]

Answer:

a. 567.7890013

b.200

c.767.7890013

d.15.356%

e.23.356

Explanation:

Please see attachment .

Download pdf
3 0
2 years ago
Step Up Ladders Company provides the following financial​ information: Income from operations ​$400,000 Interest expense ​47,000
gayaneshka [121]

Answer:

13.33%

Explanation:

Income from operations ​$400,000

Interest expense ​47,000

​Gains/(losses) on sale of equipment ​3,000

Net income ​350,000

Total assets at Jan. 1 ​2,600,000 Total assets at Dec .31 ​3,400,000

the formula used to calculate return on investment (ROI) is:

ROI = income from operations / average total assets

ROI = $400,000 / {($2,600,000 + $3,400,000) / 2} = $400,000 / $3,000,000 = 0.1333 or 13.33%

Return on investment measures the profitability of an investment during a period of time.

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2 years ago
A corporate bond was quoted yesterday at 102.16 while today's quote is 102.19. What is the change in the value of a bond that ha
Lostsunrise [7]

Answer:

The change in the value of the bond is $0.90. In other words, the value of the bond has increased by $0.90 from yesterday to today.

Explanation:

We have Value of the bond = Quoted value / 100 * face value

So,

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Today value of the bond = 102.19/100 * 3,000 = $3065.7.

=> Change in the value of the bond = Today value of the bond - Yesterday value of the bond = $3065.7 - $3064.8 = $0.90.

In other words, the value of the bond has increased by $0.9 from yesterday to today.

6 0
2 years ago
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