Answer:
e. none of the choices.
Explanation:
Based on the scenario being described within the question it can be said that none of the choices are correct because this method focuses on obtaining an order quantity by fixing the quantity for a certain period of time, and calculating the total quantity of Net Requirements within the period. Therefore since the first week and week 4 are missing then none of these are correct, and since the information is not provided by choice answer d. is wrong too.
Answer:
a. How long will the current bridge system work before a new bracing system is required?: 64.18 years or 64 years and 2 months.
b. What if the annual traffic rate increases at 8 % annually: The bracing system will last for 24.65 years or 24 years and 7 months.
c. At what traffic increase rate will the current system last only 12 years: 17.13%
Explanation:
a. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 3% or 1.03 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.03^x = 2000. Show the equate, we have 1.03^x = 6.67 <=> x = 64.18
b. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 8% or 1.08 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.08^x = 2000. Show the equate, we have 1.08^x = 6.67 <=> x = 24.65.
c. Denote x as traffic increase rate. The current pedestrian is 300, the grow rate per year is (1+x) times a year. Thus, to reach 2,000 after 12 years and thus a new bracing system to be in place, we have the equation: 300 x (1+x)^12 = 2000. Show the equate, we have (1+x)^12 = 6.67 <=> 1+x = 1.1713 <=> x = 17.13%.
Answer:
The client is insolvent since the client's liabilities exceed the fair market value of the client's assets by $20,000
Explanation:
Answer:
At 7% price of bond is $508.35
at 6% price of the bond is $558.39
at 10% price of the bond is $385.54
Explanation:
The present value formula given below is very useful here:
PV=FV*(1+r)^-N
fv=$1000
r=7%
N=10
PV=1000*(1+0.07)^-10
PV=1000*(1.07)^-10
PV=$508.35
at 6% rate of return the price of the bond is computed as follows
fv=$1000
r=6%
N=10
PV=1000*(1+0.06)^-10
PV=1000*(1.06)^-10
PV=$558.39
at 10% rate of return the price of the bond is computed as follows
fv=$1000
r=10%
N=10
PV=1000*(1+0.1)^-10
PV=1000*(1.1)^-10
PV=$385.54
