Solution:
1. We have to use financial calculator to solve this
put in calculator -
PV -30000
FV 60000
PMT 0
I 8%
Compute N 9
Therefore It will take 9 years to reach his goal
2. We have to use financial calculator to solve this
put in calculator -
PV -28700
FV 0
PMT 7000
N 5
Compute I 7.00%
The interest rate implicit in this agreement rate =7.00%
3. We have to use financial calculator to solve this
put in calculator -
PV -10000
FV 0
I 9%
N 10
compute PMT $1,558.20
The annual payment Sam must make to pay back his friend = $1,558.20
The answer to this question is when private ownership rights are well defined <span>It can be held accountable for damage to others through misuse of their property.</span>
Answer:
<u>Morally wrong</u>
Explanation:
From a utilitarian perspective the action of the body guard would be tagged as morally wrong, because it is of the view of the utilitarian that an action should be for the greater good of people irrespective of whether that action is a bad action.
Thus, since the target was the politician, he would have allowed the assassin take the life of the one man - the politician so as to avoid fifteen people been killed, and four wounded.
Answer:
The correct statement option is b.
Explanation:
The replacement decision involves an analysis of two independent projects where cash flows include the initial investment, additional depreciation and the terminal value.
The replacement decision is the process of identifying, evaluating and taking decisions on two or more independent alternatives. During this process company evaluate various alternatives of investment in different projects and select one of the best alternative based on its cost, rate of return, time required and risk associated with it etc.