Answer:
44,000*n dollar
Explanation:
If a machine produce 200 per day at the rate of 11 dollars each and she has 20 days. This implies that each machine will produce 44,000 dollar
Therefore for n machine, she will have money m of 44,000*n dollar
Answer: $80
Explanation:
The opportunity cost is regarded as the real cost of the alternative that was left or forgone.
Based on the information given in the question, the opportunity cost is the free ticket to a Post Malone concert that is worth $80 which was given to me by my friend.
Therefore, the correct option is E.
Answer:
a. What is the present value of the payments if they are in the form of an ordinary annuity?
present value = annual payment x annuity factor
- annual payment = $13,600
- PV annuity factor, 8.5%, 6 periods = 4.55359
present value = $61,928.82
b. What is the present value if the payments are an annuity due?
present value = annual payment x annuity due factor
- annual payment = $13,600
- PV annuity due factor, 8.5%, 6 periods = 4.94064
present value = $67,192.70
c. Suppose you plan to invest the payments for six years. What is the future value if the payments are an ordinary annuity?
future value = annual payment x annuity factor
- annual payment = $13,600
- FV annuity factor, 8.5%, 6 periods = 7.42903
future value = $101,034.81
d. Suppose you plan to invest the payments for six years. What is the future value if the payments are an annuity due?
future value = annual payment x annuity due factor
- annual payment = $13,600
- FV annuity due factor, 8.5%, 6 periods = 8.0605
future value = $109,622.80
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