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Discrete Compounding:-9% Single Payment Uniform Series Compound Amount Compound

ID: 2620641 • Letter: D

Question

Discrete Compounding:-9% Single Payment Uniform Series Compound Amount Compound Amount Factor To Find F Given A FIA 1.0000 2.0900 3.2781 4.5731 5.9847 7.5233 9.2004 11.0285 13.0210 Present Worth Factor To Find P Given A Factor To Find A GivenF Capital Recovery Factor To Find A Given P Factor Worth Factor To Find F Given P To Find P Given F 0.9174 1.7591 2.5313 3.2397 3.8897 4.4859 5.0330 5.5348 5.9952 0.9174 0.8417 1.0900 1.1881 1.2950 1.4116 1.5386 1.6771 1.8280 1.9926 2.1719 0.7084 0.6499 0.5963 0.5470 0.5019 0.4604 1.0000 0.4785 0.3051 0.2187 0.1671 0.1329 0.1087 0.0907 0.0768 1.0900 0.5685 0.3951 0.3087 0.2571 0.2229 0.1987 0.1807 0.1668 4 8

Explanation / Answer

Device A EOY BTCF d TI T(45%) ATCF P/F,9% PW 0 $     (120,000)         (120,000) 1 (120,000.00) 1              (5,000)          24,000    (29,000)           13,050                8,050 0.9174          7,385.07 2              (5,400)          38,400    (43,800)           19,710              14,310 0.8417        12,044.73 3              (5,832)          23,040    (28,872)           12,992                7,160 0.7722          5,529.26 4              (6,299)          13,824    (20,123)              9,055                2,757 0.7084          1,952.77 5              (6,802)          13,824    (20,626)              9,282                2,479 0.6499          1,611.40 6              (7,347)            6,912    (14,259)              6,416                 (930) 0.5963           (554.71) PW =     (92,031.48) Device B EOY BTCF d TI T(45%) ATCF P/F,9% PW 0 $     (170,000)         (170,000) 1 (170,000.00) 1              (3,000)          34,000    (37,000)           16,650              13,650 0.9174        12,522.51 2              (3,240)          54,400    (57,640)           25,938              22,698 0.8417        19,104.91 3              (3,499)          32,640    (36,139)           16,263              12,763 0.7722          9,855.93 4              (3,779)          19,584    (23,363)           10,513                6,734 0.7084          4,770.56 5              (4,081)          19,584    (23,665)           10,649                6,568 0.6499          4,268.54 6              (4,408)            9,792    (14,200)              6,390                1,982 0.5963          1,181.87 PW = (118,295.68) Device A should be selected to maximize after-tax present worth.

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