Answer:
1. Payback period = 2.8 years
2. Break-even time = 3.8 years
3. NPV = $12,577
Explanation:
NOTE: See the attached excel file for the calculation tables.
1. Determine the payback period for this investment.
Payback period = 2 years and [(49,600 / 70,800) * 12] months = 2 years and 8 months approximately = 2.8 years.
2. Determine the break-even time for this investment.
Break-even time = 3 years and [(23,622 / 36,199) * 12] months = 3 years and 8 months approximately = 3.8 years
3. Determine the net present value for this investment.
Net present value (NPV) of this investment is $12,577
I agree with the first one cause money is very important u have to use it wisely but you also wanna take it into your own matters it something were to go wrong
Answer:
The answer is: All our actions and decisions are affected by scarcity. Trey must decide what actions he needs to take to maximize his well being.
Explanation:
By definition all resources are finite, they have a limit. Even the richest corporations in the world have a certain amount of money, no one can have infinite money. No basketball team is made up of 7 billion people, someone in the world will not be able to play basketball. Time, materials, goods, services, everything is limited, so everything is scarce.
Trey´s (and everyone else´s) day is only 24 hours long, so he must decide how to divide his time to achieve the goals that maximize his happiness or well being. He must decide what is most important for him, a car or the basketball team. Time scarcity sets up a limit on the decisions we make. He must decide whether to work more to be able to buy the car, or should he stay on the team and forget about the car. Only Trey can decide based on what will make him happier.
Answer:
Missing word<em> "and the cost of one point at the time of closing"</em>
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Down payment = $260,000*15%
Down payment = $260,000*0.15
Down payment = $39,000
Amount of mortgage = $260,000 - $39,000
Amount of mortgage = $221,000
Cost of 3 point at the time of closing = 3% of amount of mortgage
Cost of 3 point at the time of closing = 3% * $221,000
Cost of 3 point at the time of closing = $6,630
<span>I'm 100% sure that the answer is: In a swot analysis, increasing gasoline prices would represent a potential correct opportunity for manufacturers of electric cars. It's pretty much cheaper to have the electric car and there're a lot of benefits for ecology. Also these cars are cheaper to manufacture due to less quantity of moving parts.</span>
