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iren [92.7K]
3 years ago
15

TheTerraMaxtruck currently being manufactured and field tested by Oshkosh Truck Co. is a driver- less truck intended for militar

y use. Such a truck would free personnel for non-driving tasks such as reading maps, scanning for roadside bombs, or scouting for the enemy. If such trucks would result in reduced injuries to military personnel amount- ing to $15 million three years from now, determine the present worth of these benefits at an interest rate of 10% per year compounded semiannually.
Business
1 answer:
gtnhenbr [62]3 years ago
8 0

Answer:

Present value of the benefits = $6,240,000

Explanation:

Annual interest Rate given = 10%

Semi-annual Interest Rate = 10%/2 = 5%

Df @ 5% for 6 semi-annuals : (1+r/2) ^-m * n

     = (1+ 0.05)^- 18

     = 0.416

Present Value of the benefits= 0.416 x $15,000,000

                                                = $6,240,000

Hence, the present value of the benefits of this saving is $6,240,000.

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A country has constant opportunity cost of production. If they devote all of their resources to the production of blankets they
Zigmanuir [339]

Answer: 2.75 blankets.

Explanation:

The opportunity cost is the value of a good that is sacrificed by choosing some other alternative. So, there are certain costs associated with the consumption of some goods.

In our case,

Opportunity cost of producing 1 shirt = \frac{810}{294}

                                                              = 2.75 blankets

Opportunity cost of producing 1 shirt is 2.75 blankets which means that 2.75 blankets have to be foregone to produce 1 shirt.

7 0
3 years ago
On September 1, 2021, Southwest Airlines borrows $40.1 million, of which $8.2 million is due next year. Show how Southwest Airli
Zepler [3.9K]

Answer and Explanation:

The Preparation of balance sheet is shown below:-

                                       Balance Sheet

Current liability

Long term debt of Current portion $40,100,000

Long term liability

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Total liabilities                                      $72,000,000

So, to reach the total liabilities we simply add the long term debt of current portion with notes payable.

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3 years ago
Economic growth refers to a steady increase in the production of goods and services in an economic system.
MatroZZZ [7]

Answer:

<em>Economic growth refers to a steady increase in the production of goods and services in an economic system.</em><em> </em><em><u>True</u></em>

3 0
2 years ago
At wallmart what does swas mean
patriot [66]
"<span>Store Within A Store"</span>
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