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makkiz [27]
4 years ago
5

Chestnut Tree Farms has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 −$ 40,000 −

$ 40,000 1 11,300 17,400 2 14,800 14,100 3 13,700 12,900 4 7,900 2,200 Over what range of discount rates would you choose Project A? Multiple Choice 7.13 percent or less 6.57 percent or more 6.38 percent or less 7.13 percent or more 6.38 percent or more

Business
1 answer:
ch4aika [34]4 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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If Randy invests $15,000 at a 9% interest
WITCHER [35]

It will take 8.04 years for the initial investment of $15000 to become $30,000

What is the future value of an investment?

The future value of $15,000 invested now earning a rate of return of 9% per year is $30,000, it the future equivalent of an amount invested now when the invested amount has earned interest over a specific period of time.

The below future value formula of single cash flow can be used to determine the number of years it takes for the initial investment to double.

FV=PV*(1+r)^N

FV=future value=$30,000

PV=initial investment=$15,000

r=rate of return=9%

N=number of years it takes for the initial investment to double=unknown(assume it is X)

$30,000=$15000*(1+9%)^N

$30000/$15000=(1+9%)^N

2=1.09^N

take log  of both sides

ln(2)=N*ln(1.09)

N=ln(2)/ln(1.09)

N=8.04 years

Find out more about future value on:brainly.com/question/24703884

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8 0
2 years ago
Thad Joslin was judged at fault in an automobile accident. Three others were awarded damages of $147,000, $79,000, and $74,000.
OverLord2011 [107]

Answer:

The amount that would not be covered by Thad Joslin insurance is $50,000

Explanation:

Thad has a 100/300 bodily injury liability coverage, this implies that he has a coverage of $100,000 bodily injury liability insurance per person and $300,000 total bodily injury liability insurance per accident. However, his insurance policy does not make provision for or cover the $50,000 property damage liability per accident. Therefore, Thad Joslin would have to pay for it.

8 0
3 years ago
Discuss special considerations for using blogs and wikis in research
snow_tiger [21]
<span>While most people consider blogs and wikis to be less than credible, in fact a lot can be learned from them. These types of sites are set up so anyone with access to the Internet can contribute, and make their thoughts and ideas public. Wikis are mostly factual accounts; while there may be some facts included, for the most part blogs consist of opinions and experiences.</span>
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3 years ago
Identify and describe the basic elements of a safety program
lys-0071 [83]
Hope it helps! ///////////

7 0
4 years ago
In order to create a budget, you should _____.
True [87]
List your income and your assets and find the total. Iam not really sure that's the answer, but it sounds right.
5 0
3 years ago
Read 2 more answers
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