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MAXImum [283]
3 years ago
7

The operating and maintenance expenses for a mining machine are expected to be $11,880 in the first year and increase by $864 pe

r year during the 15-year life of the machine. What uniform series of payments would cover these expenses over the life of the machine
Business
1 answer:
nalin [4]3 years ago
5 0

Answer:

The answer is "\$16,441".

Explanation:

First-year operational and maintenance costs = \$11,880.

Operating and repair costs increase inwards=\$864 for the first year

N =15 years machine life

Interest I = 10\%annually combined

Please find the image file.

Its single payment sequence is now provided by:

Amount=(\text{15-year system quantity})\times (\frac{\text{Rate of interest}}{(1-(1+ \text{Rate of interest})- n))}

             = \$522,371.3236 \times (\frac{0.1}{(1-(1+0.1)-15)})\\\\

Uniform payment sequence =\$16441.2477 \approx\$16,441

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SCIENCE<br>list 5 situations each on how thermal energy can be useful and harmful​
Luden [163]

Explanation:

Uses:

-Cooking

-Heating

-Smoking

-Cooling

-cheap to use

Harmful:

-Can cause high temperatures; cause heat boils, heat stroke

-Pollution of damaging eater ecosystems

-Can only be constructed in areas where temperatures below the earth's surface.

-Needs extensive research

-Can be forced to operate in relatively remote areas

3 0
3 years ago
If private investment is relatively sensitive to interest rates, then a fiscal expansion financed by government bond sales will:
irga5000 [103]

Answer:

The correct answer is letter "C": raise output by a relatively large amount.

Explanation:

Typically, to boost production in the economy, the government tends to sell securities of its treasury causing the interest rate to fall. Lower interest rate promotes private investments increasing the country's growth. If the investment in that country is sensitive to the interest rate, the output rise is likely to be significant.

5 0
3 years ago
The excess of revenue over the expenses incurred in earning the revenue is called capital. True False
Sergeu [11.5K]

Answer:

The statement is: False.

Explanation:

Net Income <em>is the result of subtracting a company's expenses in generating income from the total revenue and deducting taxes from that figure</em>. The net income may be distributed as a dividend among common stock shareholders or retained by the company. Instead, capital refers to financial resources such as equity, debt, trading, and working capital.

6 0
4 years ago
West Corp. issued 10-year bonds two years ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If these bond
umka21 [38]

Answer:

7.82%

Explanation:

Given the following :

Par value = 102%

Coupon rate = 8.1%

Period (n) = 10 years

Yield to maturity (YTM) =?

with a face value (F) of $1000

The current price (P) of bond will be:

102% * $1000 = (1.02 * $1000) = $1020

Annual coupon payment = $1000 * 8.1% = $1000 * 0.081 = $81

The YTM formula is given by:

YTM = [ C +( F - P) / n] / [(F + P) / 2)]

YTM= [(81 + (1000 - 1020) / 10] / [(1000 + 1020)/2)]

YTM = [(81 +(-20/10)] / (2020/2)

YTM = [(81 - 2) / 1010]

YTM = 79 / 1010

YTM = 0.078217

YTM =0.078217 * 100

YTM = 7.82%

4 0
3 years ago
In a capitalist system, what are the goods and tools that are used to make products?
SVETLANKA909090 [29]
Human labor is used in a Capitalist system in order to make products. 
6 0
3 years ago
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