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Lelu [443]
3 years ago
15

Consider the following cash flows: Year Cash Flow 2 $ 22,400 3 40,400 5 58,400 Assume an interest rate of 9.2 percent per year.

a. If today is Year 0, what is the future value of the cash flows five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If today is Year 0, what is the future value of the cash flows ten years from now?
Business
1 answer:
arsen [322]3 years ago
6 0

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Cash Flow:

Year 2 $ 22,400

Year 3 $40,400

Year 5 $58,400

i= 0.092

A) n= 5

FV= PV*(1+i)^n

FV= 22400*(1.092^3)= $29,168.62

FV= 40400*(1.092^2)= $48,175.55

FV= 58,400

Total= $135,744.17

B) n= 10

FV= $210,782.41

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After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $11,500 price, but financing
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Explanation:

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3 years ago
A process costing system:
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C. uses a separate Work-in-process account for each processing department.

Explanation:

A process costing system -

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Where it refers to the method to assign and collect the cost of the goods and services manufactured per unit , is referred to as the process costing system .

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The method is appropriate for different department , where each department is assigned a separate processing method i.e. , if in company there are three major departments , then each department is assigned a specific process costing system , which is specific for a specific department .

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As a system goes from state to state , its entropy decreases. What can you say about the number of microstates corresponding to
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Answer:

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aleksklad [387]

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