When the initial cost of Machine A is $6,000 and that of Machine B is $8,500, then both the machines will have the same current value at the end of 10 years.
<h3>What is the meaning of current value?</h3>
The present market value of an asset that prevails in the market is known as the current value of an asset. Using the given conditions, the current value will be the same as computed under,
Putting the given value and solving further we get,
Hence, the significance of current value is aforementioned.
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Answer:
CUBIC CLOSE PACKING
Explanation:
it is known to be the densest possible packings of equal spheres. Simple cubic packing consists of placing spheres centered on integer coordinates in Cartesian space
<span>This can of green beans represents a generic brand (Answer A). The can is simply telling you what the product is. It does not have a unique design or large logo that is trying to tell you who makes the green beans. It simply is letting you know the product being sold.</span>
Answer:
$7,700
Explanation:
Equity of a company is Total Assets minus Total liabilities. Equity is the business worth for shareholders. For Crusoe Waterworks Company the equity will be the initial capital investment by Robin Crusoe plus any revenue received from the business operations.
The equity will be calculated by,
Equity = Capital Investment + Revenue - Expense
Equity = $5,000 + $3,400 - $700
Answer:
C. 7.18%
Explanation:
Formula for calculating growth rate
= (Current amount/initial amount) ^ 1/n - 1
Given that
Initial amount = 15000
Current amount = 60000
n = 20
Therefore,
Growth rate = (60000/15000)^1/20 - 1
= (4)^1/20 - 1
= 1.07177 - 1
= 0.07177
To percentage we multiply by 100
So,
= 0.07177 × 100
= 7.177%
Approximately
= 7.18%
