The amount of money needed now to begin the perpetual payments is
P = A/I =15,000÷0.05=300,000
The amount that would need to have been deposited 25 years ago is
P=A÷(1+r)^t
P=300,000÷(1+0.05)^(25)
P=88,590.83
Answer: Barbara needs to look for running balance or the amount the has been recorded.
<span>Sami must get involved in communicating between departments. He needs to set meetings so they can reach a joint goal and plan to get there. He needs to foster teamwork.</span>
Answer:
The present of worth of machine operating cost is $ 228,061.55
Explanation:
In calculating the present worth of the machine operating cost,I grew the cost of $34000 per year from year 3 onwards by 6% , thereafter I discounted the increased machine operating cost with the applicable discount factor in each year as shown in the attached spreadsheet.