1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
TEA [102]
3 years ago
9

Toyota will bring hybrid electric automobiles to market next year priced at ​$27 comma 000 ​(this includes a ​$6 comma 750 feder

al tax​ credit). At ​$1.89 per gallon of​ gasoline, it will take 11 years to recoup the difference in price between a base model Toyota Camry and its​ four-cylinder gasoline-only counterpart. The price difference is ​$4 comma 180. If the hybrid vehicle is driven for 15 ​years, what is the internal rate of return on the extra investment in the​ hybrid?
Business
1 answer:
artcher [175]3 years ago
5 0

Answer:

4.15%

Explanation:

In order to determine the annual saving we must divide the extra cost of the hybrid by the amount of years it takes to recoup our investment.

annual savings = $4,180 / 11 years = $380 per year

our initial investment = -$4,180

since we are going to use the car during 15 years, then we have 15 positive cash flows of $380

using a financial calculator or excel spreadsheet, the internal rate of return (IRR) on our investment = 4.15%

You might be interested in
The ____ in the House of Representatives can limit the amount of time to debate a bill
cestrela7 [59]
PRESEdent <span>can limit the amount of time to debate a bill</span>
8 0
3 years ago
Read 2 more answers
Lydia owns a fashion store for women, and her main focus is on providing quality customer service. The staff is trained to treat
elena55 [62]

Answer:

D) normative control.

Explanation:

In this case, Lydia is using normative control so as to train her staffs to treat customers with utmost care and provide them with reliable fashion advice.

In order to achieve this, Lydia carefully chooses her staff and appoints people who are attentive, friendly, and have a good fashion sense.

Normative control is a strategy that governs the behavior of employees through the use of beliefs and values called norms rather than the written procedures and policies.

8 0
2 years ago
Read 2 more answers
A restaurant certificate is an example of a(n)<br> O aptitude<br> O license<br> O inspection
kherson [118]

answer : may be license..........

8 0
2 years ago
Read 2 more answers
​(Related to Checkpoint​ 18.2) ​(Estimating the cost of bank​ credit) Paymaster Enterprises has arranged to finance its seasonal
CaHeK987 [17]

Answer:

answer for the question:

​(Related to Checkpoint​ 18.2) ​(Estimating the cost of bank​ credit) Paymaster Enterprises has arranged to finance its seasonal​ working-capital needs with a​ short-term bank loan. The loan will carry a rate of 13 percent per annum with interest paid in advance​ (discounted). In​ addition, Paymaster must maintain a minimum demand deposit with the bank of 10 percent of the loan balance throughout the term of the loan. If Paymaster plans to borrow ​$90 comma 000 for a period of 2 ​months, what is the annualized cost of the bank​ loan?

is given in the attachment.

Explanation:

7 0
3 years ago
Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitoo
xxTIMURxx [149]

Answer:

8.8%

Explanation:

Given:

Excess return = 6% = 0.06

Return respond factor = 1.2

Expected higher percent = 1.5% = 0.015

Increase growth (stock price) = 1% = 0.01

Actual excess return = ?

Computation of actual excess return:

Actual excess return = Excess return + Increase growth (stock price) + [Expected higher percent × Return respond factor]

= 0.06 + 0.01 + [0.015 × 1.2]

= 0.07 + [0.018]

= 0.088

= 8.8%

6 0
2 years ago
Other questions:
  • Judith puts $5000 into an investment account with interest compounded explain continuously. which approximate annual rate is nee
    12·1 answer
  • The most famous restrictive practices case of the last several decades involved a series of lawsuits by:
    8·1 answer
  • Calculating the Amount for a Home Equity Loan. A few years ago, Michael Tucker purchased a home for $100,000. Today the home is
    6·1 answer
  • In a flexible budget performance report _____.
    7·1 answer
  • You want to have $1,000,000, 25 years from today. Assuming a 7% annual return (which will be compounded monthly), how much do yo
    12·1 answer
  • Anew Health Care Company reports net income of $210,000 and Depreciation Expense of $24,000 for the year ending December​ 31, 20
    9·1 answer
  • Background information: In 2012, President Obama and Congress debated the issue of taxes and tax cuts.
    5·2 answers
  • MC Qu. 98 Garcia Corporation's April sales forecast... Garcia Corporation's April sales forecast projects that 6,100 units will
    9·1 answer
  • On January 1, 2022, Blue Corporation issued $1,610,000 face value, 8%, 10- year bonds at $1,506,675. This price resulted in an e
    6·1 answer
  • In most companies, portfolio management is typically done at the sbu or ___________ level of the firm.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!