1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepladder [879]
2 years ago
8

Problem 10-01 NPV A project has an initial cost of $66,950, expected net cash inflows of $14,000 per year for 9 years, and a cos

t of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent. $
Mathematics
1 answer:
svlad2 [7]2 years ago
5 0

Answer:

NPV = $13,676.33

Step-by-step explanation:

First, find the present value of the cash inflows. You can solve this question using a Financial calculator;

14,000 per year is a recurring cashflow hence the PMT

PMT = 14,000

I/Y = 10%

N= 9

FV =0

then CPT PV = 80,626.33

NPV = -Initial investment + PV of future cash inflows

NPV = -66,950 + 80,626.33

NPV = $13,676.33

"NPV" button, then , then "CPT".

The answer to the NPV = $13,676.33

You might be interested in
Tom borrowed $35,000 to remodel his house. At the end of 5-year loan, he had repaid a total of $46,375. At what simple interest
Wewaii [24]
The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years.  First we find the amount of interest.  He borrowed $35000 but paid back $46375.  That means he paid 46375-35000 = $11375 in interest.  We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
5 0
3 years ago
Two trains are 210 miles apart, and their speeds differ by 17 mph. Find the speed of each train if they are traveling toward eac
Marizza181 [45]
V1 - velocity first train
v2 - velocity second train
v2 > v1

v2 - v1 = 17 mph

We know, that: 
s_1+s_2=210 \ [miles] \\ \\ t_1=t_2=2h

So:

v_1=\dfrac{s_1}{t_1}=\dfrac{s_1}{2} \\ \\ v_2=\dfrac{s_2}{t_2}=\dfrac{s_2}{2} \\ \\ \\ v_1+v_2= \dfrac{s_1}{2}+\dfrac{s_2}{2} \\ \\ v_1+v_2= \dfrac{s_1+s_2}{2} \\ \\  v_1+v_2= \dfrac{210}{2}=105

NOw we've got simple system of equations:

+\begin{cases} v_2-v_1=17 \\ v_2+v_1=105\end{cases} \\ \\ 2v_2=122 \qquad /:2 \\ \\ v_2=61 \qquad [mph] \\ \\ v_2-v_1=17 \\ \\ 61-v_1=17 \\ \\ v_1=44

Velocities of these trains are  61mph  and 44mph

3 0
3 years ago
Read 2 more answers
8 less then a number n is -13
Oliga [24]

Answer:

equation: 8-n=13

answer: n = 21

Step-by-step explanation:

3 0
3 years ago
6(a + 5) = 42<br><br> ...................................
Elan Coil [88]
It’s 2 if I did my math right because I did it 2 tones and both of the times I got 2
5 0
3 years ago
On saturday, Mark sold 2 7/8 gallons of lemonade. On the same day, Regan sold 2/3 as much lemonade as Mark. How much lemonade, i
erma4kov [3.2K]
2 7/8= 2/3L
Divide both sides by 2/3 and get 4.31 or 4 5/16
8 0
3 years ago
Other questions:
  • What is the product? (5r + 2) (3r -4)
    10·1 answer
  • Which statement is true about the graphs of the two lines y = –6 and x = ?
    11·2 answers
  • Help me please thank you
    14·1 answer
  • Write the recursive formula for 6, 17, 28, 39, 50
    5·1 answer
  • Explain work please
    8·1 answer
  • What are the missing terms???
    9·1 answer
  • What is the mean price for the sneakers?
    6·1 answer
  • Find the value of x:
    6·2 answers
  • The total bill for drinks and a pizza for three people is $15.65 with tax included. How much should each person pay if they are
    8·1 answer
  • Last week Fred had
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!