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NeX [460]
3 years ago
12

Suppose a project will result in an economic benefit of $20 million dollars 25 years from now. If the discount rate is 3%, what

will be the present value of the benefits of this project
Business
1 answer:
Daniel [21]3 years ago
6 0

Answer:

PV= $11,073,515.08

Explanation:

Giving the following information:

Suppose a project will result in an economic benefit of $20 million 25 years from now. The discount rate is 3%, what will be the present value of the benefits of this project.

To calculate the present value, we need to use the following formula:

PV= FV/(1+i)^n

PV= 20,000,000/ (1.03^20)

PV= $11,073,515.08

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Answer:

d. All of these

Explanation:

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7 0
3 years ago
An organization whose duties include consolidating small loads of freight, negotiating shipping rates, and booking space on tran
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Answer:

Freight Forwarder

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Why does insurance often provide "peace of mind"? O People know their insurance coverage will help prevent accidents and damage
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Explanation:

7 0
3 years ago
If you want to give a vendor an incentive to complete work early, which type of contract would you use?Select an answer:a. fixed
uranmaximum [27]

Answer:

The correct answer is letter "A": fixed price.

Explanation:

A fixed price incentive is a type of price that is set based on a reward that will be given only in the case the good or service traded results to be better than expected. It is normally applied when the good or service is delivered to the consumer before so the consumer has the product for extra time with no additional cost.

8 0
3 years ago
Read 2 more answers
A company sold merchandise with a cost of​ $217 for​ $390 on account. The seller uses the perpetual inventory system. The entry
Elden [556K]

Answer:a debit to Cost of Goods Sold and a credit to Merchandise Inventory for​ $217

( The answer Is not in the options given)

Explanation:

The Perpetual inventory is a method of accounting for inventory  which immediately records when an inventory is sold or purchased using the available point-of-sale software systems of the particular business.

In that regard , the entry to record  cost of merchandise sold

Account titles                                              Debit         Credit

Cost of goods (Merchandise sold)             $217

Merchandise Inventory                                                    $217

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2 years ago
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