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Finger [1]
3 years ago
8

A​ 12-cylinder heavy-duty diesel engine will have a guaranteed residual value of​ $1,000 in five years. Today​ (year 0) the equi

valent worth of this engine is how much if the interest rate is​ 9% per​ year?
Business
1 answer:
zavuch27 [327]3 years ago
5 0

Answer:

$650

Explanation:

Guaranteed Residual Value = FV = $1,000

Interest rate = r = 9% = 0.09

Number of years = n = 5 years

Using Following formula we can calculate today's worth of the engine.

Residual value after 5 years = Today's value x ( 1 + rate of interest )^number of years

FV = PV x ( 1 + r )^n

$1,000 = PV x ( 1 + 0.09 )^5

PV = $1,000 / ( 1.09 )^5

PV = $649.93

PV = $650 (rounded off to the nearest whole number)

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Which term describes the art of manipulating people so that they break normal security procedures allowing the release of confid
lisov135 [29]
The term is SOCIAL ENGINEERING.
Social engineering is the art of manipulating people into breaking information security procedures or to give away confidential information which they have at their disposal.<span />
8 0
3 years ago
Read 2 more answers
SummerSnowman Industries' last dividend was $1.25. The dividend growth rate is expected to be constant at 15.0% for 3 years, aft
matrenka [14]

Answer:

$33.50

Explanation:

we can use the perpetual growth model to determine the price of the stock

the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + [($1.25 x 1.15³ x 1.06)/(11% - 6%)]/1.11³

the stock price in 3 years = ($1.25 x 1.15³ x 1.06)/(11% - 6%) = $40.30

the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + $40.30/1.11³ = $1.30 + $1.34 + $1.39 + $29.47 = $33.50

4 0
3 years ago
Would giorno Giovanna be able to defeat jotaro kujo.....explain
Softa [21]

Answer:

None can beat Giorno but Jesus. Bc, he can prob use his powers to give himself the world over heaven. Giorno Giovanna of both the Brando and Joestar bloodlines is the protagonist of part 5 of Jojo's Bizarre Adventure, entitled Golden Wind. Jotaro Kujo may be the most popular JoJo to come out of JoJo's Bizarre Adventure, but he's hardly the strongest. That honor belongs to none other than Giorno Giovanna, the protagonist of Part 5 Vento Aureo, otherwise known as Golden Wind.

Explanation:

6 0
3 years ago
Read 2 more answers
During 20x8, a firm discontinued a component qualifying for separate disclosure within the income statement. The disposal was co
MAVERICK [17]

Answer:

  1. IFCO for 20x7 as it is reported comparatively in the 20x8 statements  = $5,600
  2. IFCO for 20x8 = $6,800

Explanation:

1) IFCO for 20x7 as it is reported comparatively in the 20x8 statements, should not include the $400 operating income from the component = $6,000 - $400, or $5,600.

2) IFCO for 20x8 should not include the gains resulting from the disposal of the component nor the losses generated by it = $7,000 - $300 + $100 = $6,800

4 0
3 years ago
Firm b pays a constant $9.50 dividend on its stock and will maintain this dividend for the next 11 years and will then cease pay
sdas [7]

Firm b pays a constant dividend (D0) = $9.50

Number of years (N) = 11 years

Rate of return on the stock ( R ) = 11%

The share price of the stock (P0) = Present value of dividend for 11 years at 11%

P0 = D0*PVIFA (k%,n)

P0 = $9.50*PVIFA(11%,11)

P0 = $9.50*6.20625

P0 = $58.96

Hence, the price of the stock is $58.96

6 0
2 years ago
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