Answer:
Pat would receive within 5 years $1.47 for each dollar invested.
Explanation:
Compounded interest is when the final capital is calculated with the interest that is paid at the end of each period over the capital plus the interest earned in the prior period.
CF=1(1+0.08)↑5
Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $150,000
Useful life= 10 years
Salvage value= $18,000
<u>To calculate the depreciation expense under the double-declining balance, we need to use the following formula:</u>
Annual depreciation= 2*[(book value)/estimated life (years)]
2021:
Annual depreciation= 2*[(150,000 - 18,000) / 10]
Annual depreciation= $26,400
2022:
Annual depreciation= 2*[(132,000 - 26,400) / 10*
Annual depreciation= $21,120
Answer:
-$18,375
Explanation:
The computation of the net present value is shown below;
In the case when the operating cash flow is $56,200 for 5 years and the rate of return is 15.2% so the present value is $187,502 by using the financial calculator
In the case when the net after tax salvage value is $67,000 for the 5 year and the rate of return is 15.2% so the present value is $33,023 by using the financial calculator
Now the net present value is
= $18,7502 + $33,023 - $238,900
= -$18,375
Answer:
c
Explanation:
Resources are means or factors used to produce goods and services that satisfy human wants.
Human wants and that of the society is unlimited but the resources available to satisfy these wants are limited. As a result, economic agents must make decisions based on the availability of resources.
Resources include :
Land are natural resources used to produce goods and services e.g. gold mine
Labor is the effort used by people in the production of goods and services.
Capital includes machinery and man made resources used in production e.g. hammer
An entrepreneur is a person who combines the other factors of production together
Answer:
An adjustment factor is determined by the 'Valuer-General'
Explanation:
adjustment Factors are resolved for all properties inside a civil territory. The Valuer-General may decide Alteration Factors for characterized classes of property on a district, territory, or group of localities basis within a premise inside a city territory. These are applied to government valuations currently in force.
In occurrences where a revaluation is being completed inside a metropolitan region, utilization of Adjustment Factors won't be fundamental as the revaluation itself will be utilized by the applicable experts in the figuring of rates and expenses.
