1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ne4ueva [31]
2 years ago
8

Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $190,000 two years from now and an additi

onal $120,000 four years from now. If Monongahela Power wants to set aside enough money now to cover these future costs, how much must be invested at an interest rate of 8% per year, compounded semiannually
Business
1 answer:
Troyanec [42]2 years ago
8 0

Answer: $250,096

Explanation:

To find out the amount that should be invested today, one should find the present values of both figures and add them up:

Interest rate should be periodically adjusted so: 8% / 2 = 4% per semi annum

No of periods should be adjusted as well.

Amount to be invested today:

= \frac{190,000}{(1 + 0.04)^{2 * 2 periods} } + \frac{120,000}{(1 + 0.04)^{4 * 2 periods} }\\\\=  \frac{190,000}{(1 + 0.04)^{4} } + \frac{120,000}{(1 + 0.04)^{8} }\\\\= 250,095.62

= $250,096

You might be interested in
An aging of a company's accounts receivable indicates that $8500 are estimated to be uncollectible. If Allowance for Doubtful Ac
Evgesh-ka [11]

Answer:

debit to Bad Debt Expense for $5800

Explanation:

Accounts receivable estimated as uncollectible = $8500

Allowance for Doubtful Accounts = $2700

Additional allowance for Doubtful debts required = $8500 - $2700

                                                                                  = $5800

The adjustment to record bad debts for the period will be

Debit Bad debt expense   $5800

Credit Allowance for Doubtful Accounts  $5800

The right option is debit to Bad Debt Expense for $5800

3 0
3 years ago
__________ consist(s) of right and wrong and the morality of choices.
Serga [27]

Answer:

d.) Ethics are the standard of what is right and wrong, and they are based on our values. Being ethical requires a moral judgement, and that's not always easy. Ethical behavior takes courage and has to be practiced.

8 0
2 years ago
Read 2 more answers
A company's prospectus includes:
vivado [14]
A. “provides details about an investment offering”
5 0
2 years ago
A company has net income of $945,000; its weighted average common shares outstanding are $189,000. its dividend per share is $0.
ExtremeBDS [4]

Explanation:

Net Income=$945000

Average outstanding=$189000

Per Share=$0.90

Market price=$97

Book value=$89.50

Ratio=7:5

4 0
3 years ago
1.) Describe any four features of Departmental Organisation.
Rasek [7]

Answer:

hope it's help :D

Explanation:

thank you

4 0
2 years ago
Other questions:
  • Economists differ in their views of the role of the government in promoting economic growth. at the very least, the government s
    9·1 answer
  • The circles shown to the right are similar but not exactly the same. this is an example of
    9·1 answer
  • Bill and his wife, Vickie, want to start a company that develops training sessions for corporate clients. They would like to sha
    6·2 answers
  • 1. Organize around outcomes, not tasks. 2. Identify all the organization’s processes and prioritize them in order of redesign ur
    6·1 answer
  • Which ERP component can help an organization predict such things as the identification of individuals who are likely to leave th
    14·1 answer
  • What is the spirit behind the Federal Sentencing Guidelines for Organizations?
    15·1 answer
  • On January​ 1, 2018, McHenry Manufacturing Corporation purchased a machine for $ 40 600 000. ​McHenry's management expects to us
    5·1 answer
  • I don’t know anything ;-;
    7·1 answer
  • Jerome stopped at brewster's and purchased a chocolate ice cream cone. as he was exiting the store, the cone developed a leak an
    9·1 answer
  • In the AS/AD model, as the price level falls, the holders of money become richer and buy more. This is one reason why the aggreg
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!