The net present value of the proposed project is closest to -$80,822.
Since the project saves $80,000 in costs each year, we treat these savings income for the next 4 years. We then calculate the Present value Interest Factor of an annuity using the formula :
PVIF of an annuity = { [ 1 - [ (1+r)⁻ⁿ ] } ÷ r
PVIF of an annuity = { [ 1 - [ (1.09)⁻⁴ ] } ÷ 0.09
PVIF of an annuity = 3.240 (rounded to three decimals)
PV of the cost savings = (3.240*80000) = $2,59,178 (rounded to nearest $)
NPV = PV of cost savings - Value of investment
NPV = 2,59,178
- 3,40,000
Answer:
Vodka, gin, baijiu, shōchū, soju, tequila, rum, whisky, brandy and singani are examples of distilled drinks. Beer, wine, cider, sake and huangjiu are examples of fermented drinks.
Explanation:
Answer: a. 10 utils
Explanation: The marginal utility from consumption of the third unit of goods is gotten by taking the difference between the total utility derived from three units of goods and the total utility derived from two units of goods.
Total utility from three units = 84 utils
Total utility from two units = 74 utils
84 - 74 = 10 utils which is the marginal utility of the third unit.
Answer:
In her purse under her desk
Explanation:
I think that in all the other places the phone could become a distraction.
