Answer:
The last option is the answer -$141.80
Explanation:
we will use the present value formula for Trish she gets paid every first day of the month therefore she will receive an immediate payment of cash flow which will be added to the present value of future periodic value. Therefore we will find the difference between present values for Trish and Josh which have the same amounts which they'll receive per month.
Given: Trish and josh both receive $450 per month therefore that will be C the monthly future payment that will be received.
They will receive these amounts in a course period of Four years so that will be n = 4 x12=48 because we know that they will receive these payments every month or on a monthly basis for four years. which n represent periodic payments.
i which is the discount rate of 9.5%/12 as we know they will recieve these amounts monthly.
Therefore using the following formulas for present value annuity:
Pv = C[(1-(1+i)^-n)/i] and Pv= C[(1-(1+i)^-n)/i](1+i) then get the difference between these two present values for Trish and Josh.
therefore we will substitute the above values on the above mentioned formula to get the difference:
Pv= 450[(1-(1+9.5%/12)^-48)/(9.5%/12)] - 450[(1-(1+9.5%/12)^-48)/(9.5%/12)](1+9.5%/12) then we compute and get
Pv= $17911.77614 - $18053.5777
Pv = -$141.80 is the difference between the two sets of present values as one has an immediate payment and one doesn't have it.
Answer:
The required cycle time for this assembly line is 2 minutes. The rigtht answer is c.
Explanation:
Acording to the data, we have the following:
Daily operating time= factory operates 1000 minutes per day
Scheduled output=make 500 El-More dolls per day
Therefore, to calculate the required cycle time for this assembly line we have to use the following formula:
Cycle time = daily operating time divided by the scheduled output
= 1000 / 500 = 2 minutes
The required cycle time for this assembly line is 2 minutes.
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Answer:
$36,906
Explanation:
The file attached shows a table that explains very well the solution to the problem.
