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VARVARA [1.3K]
2 years ago
13

How much can Azco Autosystems, Inc., afford to spend on an energy management system if the software will save the company $21,30

0 per year for the next 5 years
Business
1 answer:
ivann1987 [24]2 years ago
4 0

The amount that that  Azco Autosystems, Inc.,  can afford to spend on an energy management system is $80,744.

<h3>Present value</h3>

Using this formula

Present Value = A(P/A, 10%, 5)

Where:

A=$21,300

(P/A, 10%, 5)=3.79079

Let plug in the formula

Present Value = 21,300 (P/A, 10%,5)

Present Value = 21,300 (3.79079)

Present Value =80,743.8

Present Value = $80,744 (Approximately)

Inconclusion the amount that that  Azco Autosystems, Inc.,  can afford to spend on an energy management system is $80,744.

Learn more about present value here:brainly.com/question/15904086

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The correct answer is D

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Have a good day and good luck.

4 0
3 years ago
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Answer:

see below

Explanation:

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5 0
2 years ago
Historically, 74% of credit card users carry a balance from month-to-month. A certain credit card company would like to study th
Hoochie [10]

Answer:

The probability more than 72% of the cardholders are carrying a balance is 0.2946

Explanation:

Test statistic (z) = (p' - p) ÷ sqrt[p(1-p) ÷ n]

p' is the sample proportion = 0.72

p is the population proportion = 0.74

n is the number of cardholders sampled = 140

z = (0.72 - 0.74) ÷ sqrt[0.74(1-0.74) ÷ 140] = -0.02 ÷ 0.037 = -0.54

The cumulative area of the test statistic is the probability that less than 72% of the cardholders are carrying a balance. The probability is 0.7054.

Probability (more than 72% of the cardholders are carrying a balance) = 1 - 0.7054 = 0.2946

3 0
3 years ago
During fiscal 2016, Plastics and Synthetic Resins Company recorded cash of $87,800 from customers for accounts receivable collec
mr Goodwill [35]

Answer:

Correct option is B

Explanation:

When cash is received from accounts receivables, it only impacts on balance sheet that too, only on cash assets and non cash assets.

Cash will be increased and non cash asset accounts receivables will be decreased, everything else will remain constant.

Thus correct option is B

Where Cash Assets = + $87,800

Non Cash Assets = - $87,800

4 0
3 years ago
A(n) ____________ records the boundaries of a three-dimensional shape.
Alex_Xolod [135]
A CONTOUR LINE record the boundaries of a three dimensional shape.
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8 0
3 years ago
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