Answer:
a. $1,024.74
Explanation:
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Future value or par value = $1,000
Rate of interest = 6.1%
NPER = 8 years
PMT = $65
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be $1,024.74
Answer:
Since the question is incomplete, we could infer that you like to know how to calculate opportunity cost.
Explanation:
Opportunity cost is the value of the next best alternative or option.
Opportunity Cost= FO−CO
where:
FO=Return on best foregone option
CO=Return on chosen option
Let's take for example, Jose expected return on investment in producing one orange is 20 percent over the next year, and also expects the return of investment for melon to be 18 percent over the same period.
His opportunity cost of choosing the melon over the orange using the formula FO−CO = (20% - 18%), which equals two percentage points.
Answer:
Explanation:
over the next six years. The estimated residual value of the machine at the end of the sixth year is $ 49 comma 000. The machine was used for 4 comma 200 hours in 2018 and 5 comma 800 hours in 2019. What is the depreciation expense for 2018 if the corporation uses the unitsminusofminusproduction method of depreciation? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
