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aniked [119]
3 years ago
5

Air conditioning for a college dormitory will cost $2.1 million to install and $170,000 per year to operate at current prices. T

he system should last 19 years. The real cost of capital is 9%, and the college pays no taxes. What is the equivalent annual cost
Business
1 answer:
mario62 [17]3 years ago
6 0

Answer:

$404,634

Explanation:

the formula that we can use to calculate equivalent annual costs is:

EAC = asset price x {discount rate / [1 - (1 + discount rate)⁻ⁿ]} + annual maintenance costs

EAC = $2,100,000 x {0.09 / [1 - (1.09)⁻¹⁹]} + $170,000

EAC = $2,100,000 x {0.09 / [1 - (1.09)⁻¹⁹]} + $170,000 = $234,634 + $170,000 = $404,634

EAC is basically the cost of using an asset during its lifetime. We are determining the cost per year, assuming that they are all equal.

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3 0
3 years ago
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A client is to be transferred from the coronary care unit to a progressive care unit. The client asks the nurse, "Are you sure I
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Complete/Correct Question:

A client is to be transferred from the coronary care unit to a progressive care unit. The client asks the nurse, "Are you sure I'm ready for this move?" What should the nurse determine that the client most likely is experiencing based on this statement?

Answer:

Fear

Explanation:

The client is fearful because he/she is being transferred from a high supervised unit to one perceived as less supervised.

This is because the client wants to avoid a recurrence of his condition as a result of the unit change to a lesser supervised area as thought by the client.

In this regard, the nurse is meant to reassure the client about the continuous supervision of his/her situation no matter which unit he/she in in.

Cheers.

7 0
3 years ago
The point at which it is no longer advantageous to buy in bulk is known as marginal?
kipiarov [429]

The point at which it is no longer advantageous to buy in bulk is known as marginal. It is the incremental increase in a benefit to a consumer caused by the consumption of an additional unit of good.Marginal benefits normally decline as a consumer decides to consume more and more of a single good.


8 0
3 years ago
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A laissez faire economic policy would _____.
Dima020 [189]
B- allow the economy fix itself. laissez-faire means to let free or to let be
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3 years ago
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A.J., a 20-something college graduate, was recently hired as a financial-analyst assistant for a large company. He recalled that
Helga [31]

Answer:

prepare an expense record, and make certain that his credit is good so he can continue to spend more than he makes

Explanation:

Since in the question it is mentioned that an individual is recently hired as a financial analyst for a big company he remebered that how he can manage his personal finance and the financial concerns so in order to maintain its approach with respect to his own finance we should suggest that first prepare the record of an expense and also certain about the good credit score so that he is able to spend more

Therefore the first option is correct

4 0
3 years ago
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