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Brilliant_brown [7]
3 years ago
7

Replace an existing asset: You have a 2000 Nissan that is expected to run for another three years, but you are considering buyin

g a new Hyundai before the Nissan wears out. You will donate the Nissan to Goodwill when you buy the new car. The annual maintenance cost is $1,500 per year for the Nissan and $200 for the Hyundai. The price of your favorite Hyundai model is $18,000, and it is expected to run for 15 years. Your opportunity cost of capital is 3 percent. Ignore taxes. When should you buy the new Hyundai?

Business
1 answer:
bixtya [17]3 years ago
7 0

Answer:

Drive Nissan for three more years then buy a Hyundai.

Explanation:

See the attached picture for further explanation.

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Answer:

Variation in size, scope and buoyancy of demand in local markets is likely to affect growth opportunities. ... A business set up to exploit an identified market opportunity would be expected to have stronger growth orientation than one set up as a result of 'push' factors such as a lack of alternative opportunities.

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Andrea davis plans to invest $600 into a money market account. find the interest rate that is needed for the money to grow to $1
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Explanation:

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True

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