What is the present value of $2,025 per year, at a discount rate of 7 percent, if the first payment is received 6 years from now
and the last payment is received 23 years from now
1 answer:
Answer:
The correct answer is $20,369.65.
Explanation:
According to the scenario, the computation of the given data are as follows:
Payment (pmt) = $2,025
Discount rate ( rate) = 7%
Time period ( Nper) ( 6 -23 years) = 18 years
So, we can calculate the Present value by using financial calculator.
Attachment is attached below.
So, Present Value = $20,369.65
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Answer:
A)Minimum = 0.2 minutes
Maximum = 4.6 minutes
Cycle time = = 2 minutes per unit
B) Number of Stations = 3
D) the percentage of idle time for the assignment in decimal = 0.43
Explanation:
A) Operating output = 240 units per 8hours.
Converting to per hour, we get; 240/8 = 30 units per hour.
Minimum cycle time = longest task time
Maximum cycle time = sum of task times
Minimum = 0.2 minutes
Maximum = 0.2 + 0.4 + 0.2 + 0.4 + 1.2 + 1.2 + 1.0 = 4.6 minutes
Now, operational time(OT) is 8 hours a day. Converting that to minutes, we have =60x8 = 480 minutes
Cycle time(CT) = OT (per day) /desired output
Therefore, calculated cycle time = 480/240
= 2 minutes per unit
B) Number of stations = Maximum time / CT
= 4.6/2 = 2.3 which is approximately 3 stations
C) The task diagram is drawn in image 1 attached. Therefore, we can assign tasks based in the greatest number of following tasks as follows;
Task Number of following tasks
a 4
b 3
c 2
d 2
e 1
f 1
g 0
D) for the idle time from the assigned tasks in "c" above, from the "image 2" attached; the percentage of the idle time will be=
Total remaining time of tasks without remaining feasibility tasks/ {(number of these tasks) x(CT)}
Which gives percentage of idle time = (0.8 + 0.8 + 0.8 + 1.0)/{(4)x(2)}
= 3.4/8 = 42.5%
Since we are to convert to decimal,
= 0.425 approximately 0.43
Answer:
The answer is "205,241"
Explanation:
Its relative value operation:
Smooth skin Seedling Skin Total
A Unit sold
selling price per unit
Sales value
Join its cost allocate
Smooth Skin is assigned the combined costs within each development process by way of the relative cost process 205,241