Can the economy grow without investment in new resources?

Metropolitan Water Utility is planning to upgrade its SCADA system for controlling well pumps,booster pumps, and disinfection eq

Licemer1 [7]

Answer:

net wortht -143,280.85

equivalent annual cost $ 24,932.98

Explanation:

We sovle for the present value of each annuity:

The first three years:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 31,000.00

time 3

rate 0.08

$31000 \times \frac{1-(1+0.08)^{-3} }{0.08} = PV\\$

PV $79,890.0066

Then the second phase annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 20,000.00

time 5

rate 0.08

$20000 \times \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $79,854.2007

NOw, we discount this as it is three years into the future

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $79,854.2007

time 3.00

rate 0.08000

$\frac{79854.2007415617}{(1 + 0.08)^{3} } = PV$

PV 63,390.8391

Total net worth:

79,890.0066 - 63,390.8391 = -143,280.85

The EAC will be the annuity which makes the Present work

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 143,280.85

rate 0.08

time 8

$143280.85 \div \frac{1-(1+0.08)^{-8} }{0.08} = C\\$

C $ 24,932.983

7 0

3 years ago

Rinker Audio Products has a fully-staffed purchasing department that procures various inputs. It also has various domestic manuf

Mandarinka [93]

Answer: Logistics

Explanation: Logistics refers to the group of complex operation that are to be performed within an organisation by different individuals under the guidance of various different experts of such tasks. These operations are dependent on each other for their effective performance.

Thus, we can conclude that the combination of Rinker's manufacturing, distribution and purchasing activities will collectively be called as logistics.

7 0

3 years ago

Pinnacle Financial Services managers meet annually to create a list of potential future complications and plan how to respond to

Virty [35]

Answer: contingency

Explanation:

Contingency planning is a form of planning that is used by an organization in order to plan ahead in case an event occurs. Contingency plans can also be called a 'Plan B' due to the fact that it's an alternative action in case things does not go as planned.

Therefore, based on the question, Pinnacle is practicing contingency planning.

7 0

3 years ago

what are some advice you would tell a friend or family member about managing their own money? is the advice that follow yourself

Jobisdone [24]

Answer: I would speak to my friend or family member about the importance of saving.

Explanation:

The conversation would be about how to save since many times people tend to buy and spend on many things and do not think long term. They think that money will always be there and that the bad times will never come. When we think of saving as something fundamental, we are thinking of our future, of having security.

is the advice that follow yourself?

This kind of advice and talk about money is something I apply to myself and have done for many years. I understand the importance of saving and try to be someone who puts what he preaches into practice.

why or why not?

For many years I have thought about the importance of saving. Before he was a person who spent and did not think about the future. Nowadays I put this advice into practice as I know how important it is to have money saved, which can be used for any emergency that arises. Saving money is something for wise people, it helps to have something to lean on. I always carry this financial advice with me, apply it to the measure and try to teach it to the people around me

8 0

3 years ago

Q 6.3: Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approxima

lbvjy [14]

Answer:

D : 2.17%.

Explanation:

The 26% is an APR(Annual Percentage Rate). This is a quoted rate that a credit card company charges . It is also known as the nominal rate.

Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;

Monthly rate = APR / n

APR = 26% or 0.26 as a decimal

n = compounding periods = 12

therefore, Monthly rate = 26% /12 = 2.17%

5 0

3 years ago