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nignag [31]
2 years ago
9

P9-17 Comparing Investment Criteria [LO1, 2, 3, 5, 7] Consider the following two mutually exclusive projects: Year Cash Flow (A)

Cash Flow (B) 0 –$221,117 –$16,136 1 27,200 5,520 2 60,000 8,304 3 60,000 13,962 4 425,000 9,960 Whichever project you choose, if any, you require a 6 percent return on your investment. a. What is the payback period for Project A?
Mathematics
1 answer:
Rzqust [24]2 years ago
3 0

Answer:

3.17 YEARS

Step-by-step explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

Payback period for option A, Product A  

Amount invested = –$221,117

Amount recovered in year 1 = –$221,117 + 27,200 = -193,917

Amount recovered in year 2 =  -193,917 + 60,000 = -133,917

Amount recovered in year 3 = -133,917 + 60,000 = -73,917

Amount recovered in year 4 =  -73,917 + 425,000 = 351,083

Payback period = 3 years + (73,917 / 425,000) = 3.17 years

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Refer to the various selling prices of various homes in a community that follow the normal distribution with mu (population mean
blsea [12.9K]

Answer:

0.43715

Step-by-step explanation:

We solve using z score calculator

z = (x-μ)/σ, where

x is the raw score

μ is the population mean = $276,000

σ is the population standard deviation = 32,000

For x = $276,000

z = 276,000 - 276,000/32000

z = 0

Probability value from Z-Table:

P(x = 276000) = 0.5

For x = $325,000

z = 325,000 - 276,000/32000

z = 1.53125

Probability value from Z-Table:

P(x = 325000) = 0.93715

The probability that the next house in the community will sell for between $276,000 and $325,000 is

P(x = 325000) - P(x = 276000)

= 0.93715 - 0.5

= 0.43715

8 0
2 years ago
What is (3.14)(87.5)²=____?
Radda [10]

Answer:

24040.625

Hope this helped! I'm not good at explaining the steps, but this is the answer.

5 0
2 years ago
The diameters of bolts produced in a machine shop are normally distributed with a mean of 5.18 millimeters and a standard deviat
dimulka [17.4K]

As per the concept of normal distribution, the two diameters of the bolt that has separate the top 3% and the bottom 3% are 5.2836 mm and 5.0764 mm respectively .

Normal distribution:

Normal distribution means the probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean and it has the bell shaped curve.

Given,

The diameters of bolts produced in a machine shop are normally distributed with a mean of 5.18 millimeters and a standard deviation of 0.07 millimeters.

Here we need to find the two diameters that separate the top 3% and the bottom 3% and these diameters could serve as limits used to identify which bolts should be rejected. we have also round off the result into nearest hundredth.

Here we have the given question with the values of,

The value of Mean is 5.18 millimeters

The value of Standard deviation is 0.07 millimeters.

Here we have to consider the following two cases, they are.

Case 1

We need to find x₁ such that that is P(X > x₁) = 3% when we convert it into decimal then we get P (X > x₁) = 0.03

So, as per the probability,

P (X ≤ x₁) = 1 - 0.03 = 0.97

So, z corresponding to the value of p = 0.97 is 1.48

Apply the given values to the formula of normal distribution then we get,

=> 1.48 = (x₁ -  5.18) /0.07

=> 0.1036 = x₁ - 5.18

Therefore, the value of x₁ is  5.2836

So, the diameter of the both with separate top 3% is 5.2836.

Case 2:

Next we have to take P(X < x₂) = 3% when we convert it into decimal then we get P (X < x₂) = 0.03

So, as per the given probability, the value of

P (X ≤ x₂) = 1 - 0.03 = 0.97

So, z corresponding to but here we have to use the negative because of the less than concept p = 0.97 is -1.48

Apply the values on the formula of normal distribution then we get,

-1.48 = (x₂ -  5.18) /0.07

Move the value to the other side

-0.1036 = x₂ - 5.18

When we simplify it,

x₂ =  5.0764

So, the diameter of the both with separate bottom 3% is 5.0764

To know more about Normal distribution here.

brainly.com/question/12421652

#SPJ1

7 0
10 months ago
Tickets for a certain show cost ​$17​, ​$21​, ​or, for VIP​ seats, ​$40. If ten times as many ​$17 tickets were sold as VIP​ tic
lawyer [7]

Answer:

Tickets sold:

VIP =126

$17 tickets =1,260

$21 tickets =9\cdot 126+57=1,191

Step-by-step explanation:

Let x be the number of VIP tickets.  

If ten times as many ​$17 tickets were sold as VIP​ tickets, then the number of $17 tickets is 10x.

If the number of ​$17 tickets sold was 57 more than the sum of the number of ​$21 tickets and VIP​ tickets, then 10x+57=x+y and the number y of $21 tickets is 9x+57.

Amounts earned:

VIP tickets =\$40x

$17 tickets =\$17\cdot 10x=\$170x

$21 tickets =\$21\cdot (9x+57)=\$(189x+1,197)

Total =\$(40x+170x+189x+1,197)=\$(399x+1,197)

The sales of all three kinds of tickets would total ​$51,471, so

399x+1,197=51,471\\ \\399x=51,471-1,197\\ \\399x=50,274\\ \\x=126

Tickets sold:

VIP =126

$17 tickets =1,260

$21 tickets =9\cdot 126+57=1,191

8 0
3 years ago
Determine the discriminant of x2 = 4. <br><br> A. 17 <br> B. 16 <br> C. -15 <br> D. -10
tino4ka555 [31]
The discriminant is b<span>²-4ac
We can rewrite x</span>² = 4 to x<span>² + 0x - 4 = 0
So a = 1, b = 0, c = -4
</span>Δ = 0 - 4 * 1 * -4
Δ = 16
The answer is B
6 0
3 years ago
Read 2 more answers
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