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ratelena [41]
3 years ago
11

Ed Sloan bought a new Explorer for $22,000. He put down $7,000 and paid $290 for 60 months. The total finance charge to Ed is:

Business
1 answer:
posledela3 years ago
7 0
(7,000+290×60)−22,000
=2,400
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3 years ago
1. which industry controlled the politics and economy of texas for most of the twentieth century?
Zigmanuir [339]

Oil production industry controlled the politics and economy of texas for most of the twentieth century.

In macroeconomics, an industry is a sector of the economy that produces a set of closely related goods, goods, or services. For example, we can mention the timber industry or the insurance industry.

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Texas is a state in the south central United States. With 268,596 square miles and over 29.1 million residents as of 2020, the state is the second largest state in the United States by area and population.

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4 0
1 year ago
The resort project would require a $20,500,000 investment. At the end of ten years, some of the equipment would have a salvage v
Gemiola [76]

Answer:

Net present value

Explanation:

<u>Missing Information    </u>

Weighted average cost of capital: 8% and  Solve for net present value:

investment: project outlay 20,500,000 + increase in working capital 450,000

F10 salvage value: 300,000 + 450,000 liberate working capital

cahsflow per year income 1,111,000

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1,111,000.00

time 10

rate 0.08

1111000 \times \frac{1-(1+0.08)^{-10} }{0.08} = PV\\

PV $7,454,900.4342

\frac{Maturity}{(1 + rate)^{time} } = PV  

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time  10.00

rate  0.08000

\frac{750000}{(1 + 0.08)^{10} } = PV  

PV   347,395.1161

Net present value

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The the product market,
Nastasia [14]

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Explanation:

3 0
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