024s Remaining: 95 min. Chapter 02, Supplemental Question 23 first year increasi

Question

024s Remaining: 95 min. Chapter 02, Supplemental Question 23 first year increasing by 10% each year thereafter duri Maintenance on a test track simulator used to "exercise" vehicles 24/7 for engineering rellabilty analyses is expected to require s14,000 the life. Interest is 15%. Click here to access the TVM Factor Table Calculator Determine the present worth of this series of expenditures, s Round entry to the nearest dollar. Tolerance is What is the equal annual amount that has the same present worth? Round entry to the nearest dollar. Tolerance is t4. click if you would like to show work for this question: Open Show Work Question Attempts: o of 1 used SAVEPOR LATER SUSHE ANSwi

Explanation / Answer

Year Cash Flows PVF @ 15% PV 1 14000 0.86956522 12173.913 2 15400 0.75614367 11644.612 3 16940 0.65751623 11138.325 4 18634 0.57175325 10654.05 5 20497.4 0.49717674 10190.83 Present Worth 55801.731

Related Questions

Navigate

• Browse (All)
• Browse
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.