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
kykrilka [37]
3 years ago
11

Improvised explosive devices (IEDs) are responsible for many deaths in times of strife and war. Unmanned ground vehicles (robots

) can be used to disarm the IEDs and perform other tasks as well. If the robots cost $170,000 each and the military arms unit signs a contract to purchase 3,000 of them now and another 7,500 one year from now, what is the equivalent annual cost of the contract over a 4-year period at 8% per year interest?
Business
1 answer:
ludmilkaskok [199]3 years ago
8 0

Answer:

Equivalent annual cost ($) 294,177,861.7

Explanation:

Present \ Worth\ (PW) ($) = 3,000 \times  170,000 + 7,500 \times 170,000 \times PVIF (8%, 1)

From PVIF table, the value of PVIF (8%, 1)  is 0.9259

= 510,000,000 + 1,275,500,000 \times  0.9259

= 510,000,000 + 1180522500

= 1,690,522,500

Equivalent annual cost ($) = \frac{PW}{PVIFA (8 percentage, 8)}

from PVIF and PVIFA table, the value of PVIFA (8 %, 8) is 5.7466  

= \frac{1,690,522,500}{ 5.7466} = 294,177,861.7

You might be interested in
Growth stocks:
crimeas [40]

option d. is the right option

7 0
3 years ago
If a donut shop sells a dozen donuts for $6.00, what would the cost of 9 donuts be at the same rate?
larisa86 [58]
To solve this question, first we need to find out the price of a single donut.

12 donuts = $ 6.00
1 donuts = $6.00 / 12

1 donuts = $ 0.50

After that, we just need to multiply the price for a single donut with the required amount (9), which will be:

9 x $ 0.50 = $ 4.50 . . . . for 9 donuts



3 0
3 years ago
What are two good interview questions?<br> PLZ help!!
Elodia [21]

Answer:

What experience do you have in this field of work?

Why do you think you're a good fit for this company/job position?

Explanation:

7 0
3 years ago
Suppose you just bought a 25-year annuity of $8,200 per year at the current interest rate of 12 percent per year. What is the va
zhannawk [14.2K]

Answer:

64,313.74 ; 95,559.38 ; 47,283.11

Explanation:

by definition the present value of an annuity is given by:

a_{n} =P*\frac{1-(1+i)^{-n} }{i}

where a_{n} is the present value of the annuity, i is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

1. P=8,200, n=25, i=12%

a_{n} =8,200*\frac{1-(1+12\%)^{-25}}{12\%}

a_{n} =64,313.74

2. P=8,200, n=25, i=7%

a_{n} =8,200*\frac{1-(1+7\%)^{-25} }{7\%}

a_{n} =95,559.38

3. P=8,200, n=25, i=17%

a_{n} =8,200*\frac{1-(1+17\%)^{-25} }{17\%}

a_{n} =47,283.11

6 0
3 years ago
Definition of pre customer contact​
Alinara [238K]

Answer and Explanation:

As the name suggests the pre customer contact means contacting the customer before selling the product so that the firm could able to find out the requirement of the customer what he or she needs

The firm has the responsibility to provide the information about their products and services so that the customer could able to decide what he or she actually wants

After the selling the person could become the customer

8 0
3 years ago
Other questions:
  • What is the main purpose of an appointment reminder? In a medical office.
    6·2 answers
  • 6. Grammar and Mechanics - Apostrophes and Other Punctuation Punctuation marks such as apostrophes, parentheses, dashes, and quo
    14·1 answer
  • Where are subduction zones most likely to form​
    14·1 answer
  • Suppose that at a price of $8, 13,600 units were sold while at a price of $6, 15,200 units were sold. Without calculating the va
    12·2 answers
  • The acid-test (quick) ratio A. relates cash, short-term investments, and net receivables to current liabilities. B. is calculate
    11·1 answer
  • Juan, not a dealer in real property, sold land that he owned. His adjusted basis in the land was $700,000 and it was encumbered
    12·1 answer
  • The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general m
    11·1 answer
  • Natural risks would be examples of
    12·2 answers
  • 1.1.<br>State 8 business functions and explain their roles​
    10·1 answer
  • Financial measures alone do not capture all aspects of an organization’s performance. Nonfinancial measures can be either qualit
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!