Answer:
the amount of money that must be invested now is $21068.87
Explanation:
Given that:
Nominal interest = 10%
Annuity = 7000
n = 8 years
The Effective interest rate is calculated by using the formula:
Effective interest rate = 
Effective interest rate = 
Effective interest rate = 0.1045
Effective interest rate = 10.45 %
Thus ; the the amount of money that must be invested now is the present value with the annuity of $7, 000 per year for 12 years, starting eight years from now.
PV = 7000 × 6.666056912 × 0.4515171371
PV = $21068.87
Thus; the amount of money that must be invested now is $21068.87
Answer:
3.55 years
Explanation:
The payback period is the length of time it takes for Beyer Company to recoup the initial investment of $370,000.
In other words, the number of years for the net cash flows of the project to equate the initial investment amount of $370,000 as shown in the attached excel file for Beyer company's payback computation
In terms of evaluating balance sheet, the two primary
questions that are being formulated are the following;
-
The assets are financially secure or stable
-
The firm has assets that are sufficient and are
short term in means of having debts that are only short and temporary.
Traditionally, older adults have been portrayed in a stereotypical manner by the American media.
<h3>What is
stereotypical?</h3>
A stereotype is a generalized opinion about a specific group of people that are used in social psychology. People may have this expectation of every member of a given group. Expectations can take many different forms; they might relate to a group's personality, interests, appearance, or skill. Stereotypes can occasionally be true even when they are overgeneralized, unreliable, and resistant to new knowledge.
When applied to specific individuals, these generalizations about groups of people may be accurate, but they may also be incorrect, which is one of the causes of prejudice.
To learn more about stereotypical from the given link:
brainly.com/question/13281670
#SPJ4
Answer:
Operating costs = $7,000 x 5 years = $35,000
Operating costs = $2,600 x 5 years = $13,000
Explanation:
Operating costs = $7,000 x 5 years = $35,000
Operating costs = $2,600 x 5 years = $13,000
The current copier should be replaced. The incremental analysis shows that net income for the five-year period will be $3,000 higher by replacing the current copier.
