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Helen [10]
3 years ago
14

At the beginning of this month, the balance of Cody's checking account was $125.26. So far this month, he has received a paychec

k via direct deposit of $987.25, been charged a monthly service fee from his bank of $15.00, used a debit card linked to his account to make a purchase of $43.22, written a check for $57.26 that has already been deposited, and deposited a check written to him for $100.00. What is the current balance of Cody's checking account?
A. $1115.88
B. $1247.12
C. $1906.11
D. $1097.03
Business
2 answers:
Montano1993 [528]3 years ago
7 0

Answer:

D. $1097.03

Explanation:

a.p.e.x ;)

ddd [48]3 years ago
5 0
The answer is going to be d
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A new operating system for an existing machine is expected to cost $565,000 and have a useful life of six years. The system yiel
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                         Machine A        Machine B

NPV                   $167,675             $2,267

Explanation:

a) Data and Calculations:

                                                         Machine A        Machine B

Cost of machine                              $565,000         $410,000

Incremental after-tax income            165,000             75,000

Salvage value                                      25,000             26,000

Estimated useful life                           6 years             8 years

Required rate of return                      10%                   10%

Annuity factor                                     4.355                5.335

PV factor                                             0.564                0.467

PV of incremental after-tax income $718,575         $400,125

                                                ($165,000*4.355)   ($75,000*5.335)

PV of salvage value                            $14,100             $12,142

Total PV of income                         $732,675          $412,267

NPV                                                  $167,675             $2,267

= Total PV of income minus PV of initial investment cost

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