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Alenkinab [10]
3 years ago
6

4-55 A firm expects to install smog control equipment on the exhaust of a gasoline engine. The local smog control district has a

greed to pay to the firm a lump sum of money to provide for the first cost of the equipment and maintenance during its 10-year useful life. At the end of 10 years the equipment, which initially cost $10,000, is valueless. The firm and the smog control district have agreed that the following are reasonable estimates of the end-of-year maintenance costs: Year 1 2 3 4 5 $75 100 125 150 175 Year 6 7 8 9 10 $200 225 250 275 300 Assuming interest at 6% per year, how much should the smog control district pay to the firm now to provide for the first cost of the equipment and its maintenance for 10 years
Business
1 answer:
Kruka [31]3 years ago
8 0

Answer:

the  amount that should be paid is $11,292

Explanation:

The computation of the amount that should be paid is shown below:

Present worth is

= $10,000 + $75(P/A, 6%, 10) + $25(P/G, 6%, 10)

= $10,000 + $75 × 7.3601 + $25 × 29.6023

= $11,292

Hence, the  amount that should be paid is $11,292

We simply applied the above calculation

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In the text, all of the following are listed as characteristics of the counselor as a therapeutic person except: ​ Group of answ
mafiozo [28]

Answer:

Option"A" is the correct answer of the following statement.

counselors no longer have to cope with personal problems.

Explanation:

A counselor is a professional person who is specially trained to give advice. Counselors give proper advice to people on the strength of their specialized training. A good example of a consultant might also be a business consultant who uses his or her specialized knowledge to make appropriate decisions for a business.

The counselor is also like a common person, he also has to face many difficulties in life.

7 0
4 years ago
An entity where ownership is divided into shares of stock is a:
vladimir1956 [14]

Answer:

D. corporation.

Explanation:

Companies are usually incorporated by the issuance/sale of shares. Corporations are entities that are legally separate from the owners.

The owners' interest in such entities are usually in form of shares held.

A sole proprietor is the owner of a business and no shares are issued before the business commences.

Trade agreements are agreements between two or more parties for which the terms and conditions as well as the responsibilities of the parties involved are spelt out in the deed.

Mutual agencies do not require the ownership of shares of stock.

The right option is D. corporation.

4 0
3 years ago
The liabilities of lantz company are $91,200 and the stockholders' equity is $238,000. what is the amount of lantz company's tot
MissTica
91,200 + 238,000 = 329,200
6 0
4 years ago
How does inclusivity practised inclusivity in a private company​
Sergio [31]

How does inclusivity practised inclusivity in a private company​.

4 0
3 years ago
The 1-year, 2-year. 3-year,and 4-year risk-free zero rates are 4%, 4.5%, 4.75%, and 5% with continuous compounding. What is the
dybincka [34]

Answer:

5.25%

Explanation:

Mathematically, investing at the 3-year risk-free zero rate should be the same as investing at a 2-year risk-free zero rate and one-year forward rate beginning in two years as shown thus

(1+S3)^3=(1+S2)^2*(1+y2y1)^1

S3=4.75%

S2=4.5%

y2y1=unknown

(1+4.75%)^3=(1+4.5%)^2*(1+y2y1)

1+y2y1=(1+4.75%)^3/(1+4.5%)^2

y2y1=((1+4.75%)^3/(1+4.5%)^2)-1

y2y1=5.25%

6 0
3 years ago
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