The Lewis family and the Perry family each used their sprinklers last summer. The water output rate for the Lewis family's sprinkler was 15 L per hour. The water output rate for the Perry family's sprinkler was 40 L per hour. The families used their sprinklers for a combined total of 65 hours, resulting in a total water output of 1850 L . How long was each sprinkler used
Answer:
Hours of use of sprinkler by Lewis family is 30 hours.
Hours of use of sprinkler by Perry family is 35 hours.
Step-by-step explanation:
Let W = hours of use by Lewis family
65 - W = hours of use by Perry family
Then;
15W + 40*(65 - W) = 1850
15W + 2600 - 40W = 1850
(15 - 40)W = 1850 - 2600
-25W = −750
W = 750/25 = 30
Therefore;
W = 30
65 - W = 65 - 30 = 35
Hence,
Hours of use by Lewis family is 30 hours.
Hours of use by Perry family is 35 hours.
Answer:
Project A :
NPV : $703,888.64
IRR : 44.882%
Project B:
NPV : $5,241.26
IRR : 49.662%
Project B is more profitable
Step-by-step explanation:
The NPV gives the difference between the present value of cash inflow and cash outflow over a certain period of time.
The Internal rate of return is the discount rate which makes the NPV of an investment 0. It is used to estimate the potential return on an investment. Investments with higher IRR are said to be better than those with lower IRR value.
Using the net present value, (NPV) Calculator, the NPV for project A is : $703,888.64
The IRR of project A is : 44.882%
The NPV for Project B is : $5,241.26
The Internal rate of return (IRR) : 49.662%
From the Internal rate of return value obtained, we can conclude that, project B is more profitable as it has a higher IRR than project A.
Answer:
The enrollment after 5 years is 10,724
Step-by-step explanation:
Generally, we can have the depreciation formula written as follows;
A = P(1 - r)^t
A is the number of enrollment in after a certain number of years t
P is the initial population which is 13,500
r is the rate of depreciation which is 4.5% = 4.5/100 = 0.045
t = 5 years
Substituting these values, we have it that;
A = 13,500(1-0.045)^5
A = 10,723.84
