Answer:
The benefit cost ratio is 1.564
Explanation:
The benefit-cost ratio is the ratio of the present value of benefits to the present value of costs. It is thus calculated as follows.
Benefit-cost ratio = Present value of benefits / Present value of costs
Present value of costs = $20,000 + $2,500 (P/A, 10%, 10 years)
= $20,000 + $15,361
= $35,361
Present value of benefits = $9,000 (P/A, 10%, 10 years)
= $9,000 x 6.145
= $55,305
Benefit-cost ratio = $55,305 / $35,361
= 1.564
Answer:
$29,750
Explanation:
Given that
Borrowed amount = $350,000
Interest rate = 8.5%
The computation of interest expense is shown below:-
Interest expense in the first annual payment = Borrowed amount × Interest rate
= $350,000 × 8.5%
= $29,750
Therefore, for computing the interest expense in the first annual payment we simply multiply borrowed amount with interest rate.
The work breakdown structure must be the basis for a project cost estimate if you plan to create a cost baseline and use earned value management as part of monitoring and controlling costs.
Work can be made more manageable and approachable by using a common productivity strategy called task breaking. The Work Breakdown Structure (WBS), one of the most significant projects management papers, is the tool that applies this technique to projects. It does it on its own, integrating scope, cost, and schedule baselines to guarantee project plans are in sync.
The Work Breakdown Structure is a "deliverable-oriented hierarchical decomposition of the work to be completed by the project team," according to the PMI Project Management Book of Knowledge (PMBOK). WBS can be divided into two categories: deliverable-based and phase-based. The deliverable-based strategy is the most popular and preferred method. The Elements listed in the first Level of the WBS are the primary distinction between the two methodologies.
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Answer:
A bank acts like an intermediary between depositors and creditors. If the market interest rates increase, gross interest income will rise, but all gross interest expense. They will charge higher rates to borrowers, but also must pay higher rates to depositors. The spread probably remains unchanged because both sides increased.
The Federal Application for Student Aid (FAFSA) form: is a form that can be prepared yearly by current and prospective undergraduate and <span>graduate </span>college students in the U.S. to determine their eligibility for student financial aid.
<span> FAFSA shouldn't be confused with the</span><span> </span><span>CSS Profile--</span><span> a fee-based product of the</span><span> </span><span>College Board</span><span> </span><span>and usually used by colleges to distribute their own institutional funding rather than federal or state.</span>
