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Sindrei [870]
3 years ago
4

Civil Engineering consulting firms that provide services to outlying communities are vulnerable to a number of factors that affe

ct the financial condition of the communities, such as bond issues and real estate developments. A small consulting firm entered into a fixed-price contract with a large developer, resulting in a stable income of $260,000 per year in years 1 through 3. At the end of that time, a mild recession slowed the development, so that parties signed another contract for $190,000 per year for 2 more years. Determine the present worth of the two contracts at an interest rate of 10% per year.The present worth of the two contracts is determined to be $
Business
1 answer:
Flura [38]3 years ago
7 0

Answer:

=  $894,329.13

Explanation:

The present worth of the contracts are the the present value of the streams of cash inflow discounted at the reacquire rate of return of 10%

Present Value of First contract

Present Value = A × (1- (1+r)^(-n) )/ r

                        = 260,000 × (1 - 1.1^(-3)/0.1

                     =$646,581.52

Present Value of Second contract

Present value in year 3

= 190,000 × (1- 1.1^(-2) )/0.1

= 329,752.0661

Present value in year 0

PV in year 2 × (1+r)^(-n)

329,752.0661 × (1.1^(-3)

=$247,747.60

Total present worth of contracts

=$247,747.60 + $646,581.52

=  $894,329.13

                       

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The _______________ on Lay's potato chips informs customers that the chips received the "Best Taste Award" among leading classic
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Answer:

seal

Explanation:

Based on the information provided within the question it can be said that this information is found of the seal of the Lay's potato chips bag. This is is a type of award symbol that demonstrates excellence in a certain area for the product in question. Which in this scenario refers to the "Best Taste Award" that was given to the company by the American Culinary Institute.

4 0
3 years ago
Steve is a white american whose family has lived in the united states for 200 years. during the olympics, steve cheers for brita
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​____ include setting objectives in concrete, adjusting the size of the sales force to meet changes in the firms' marketing plan
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3 years ago
We are evaluating a project that costs $714,400, has an eight-year life, and has no salvage value. Assume that depreciation is s
kifflom [539]

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a-1. 55,620 units

a-2. 9.34

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a-1. The accounting break-even point is calculated by;

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Accounting breakeven = (745,000 + 89,300) / (51 - 36)

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= 1 + (745,000 / 89,300)

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Three institutions that deal with human rights violations
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