What is the present value of $1,050 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 6.1%. Select one: a. $8,772.19 b. $8,069.13 c. $7,831.39 d. $8,160
Answers
: 15 Assuming an interest rate of 6.1%, the present value of $1,050 installments paid at the start of each year for the following 10 years is $8,069.13. Utilising the present value of an annuity formula, this may be determined.
What is an annuity ?An annuity is a series of monthly payments, such the $1,050 you'll receive at the start of every year for the following 10 years. The present value of such a sequence of payments is determined using the present value of an annuity formula.
PV is calculated as follows: PMT is the payment amount, i is the interest rate, and n is the number of installments. Here, PMT equals $1,050, i equals 6.1%, and n equals 10.
The calculation yields PV = $1,050 x (1 - (1 + 0.061)-10)/0.061 = $8,069.13 when we enter these numbers. According to an interest rate of 6.1%, this is the present value of the $1,050 installments that will be paid at the start of each year for the following ten years. Therefore, option b ($8,069.13) is the correct response to the query.
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Related Questions
Suppose you have three choices as to what to do for two hours on Sunday afternoon: work around the house, earning $3.50 an hour; baby-sit for your neighbor earning $10 an hour; or go to the movies and pay $6 for a ticket. You choose to go to the movies. What is your opportunity cost?
Answers
Answer:
the opportunity cost is in the case when you choose to go to the movies is $20
Explanation:
The computation of the opportunity cost is in the case when you choose to go to the movies is shown below:
= Earning per hour × number of hours
= $10 × 2 hours
= $20
Hence, the opportunity cost is in the case when you choose to go to the movies is $20
so whos gonna help me with my family and consumer science finals :/
Answers
What should be included in Case Study? 1. Introduction of the company (Background and Objective, include company profile) −20% 2. Original Operating Model Explained - 20\% 3. Explain how introduction of world wide web served as a challenge/opportunity for the Organization - 30% 4. Explain how the organization adapted /failed to adapt to these advancements −30% - It could be a company which failed to adapt and what were the consequences of it.
Answers
The first step in a case study is to provide a brief overview of the company being studied. The original operating model should be explained in detail, along with how the introduction of the worldwide web served as a challenge/opportunity for the organization. How the organization adapted or failed to adapt to these advancements.
A case study is a comprehensive research approach that can be used to gain in-depth knowledge and insights into a particular situation, problem, or phenomenon. A good case study should include the following:
1. Introduction: The first step in a case study is to provide a brief overview of the company being studied. The introduction should include information about the company's background and objectives, as well as a company profile.
2. Operating model: The original operating model should be explained in detail. This includes information on how the company operates, its processes, and the technologies it uses.
3. Worldwide web challenge: The next step is to explain how the introduction of the worldwide web served as a challenge/opportunity for the organization. This should include information on how the company adapted or failed to adapt to the new technology.
4. Adaptation or Failure: The final step is to explain how the organization adapted or failed to adapt to these advancements. This can include information on how the company's business model changed, the impact of the new technology on the company's performance, and the consequences of not adapting to the new technology. The study may also cover a company that failed to adapt, as well as the consequences of its failure.
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Banksy is most associated with which city?
Answers
Bristol
Banksy's work grew out of the Bristol underground scene, which involved collaborations between artists and musicians. Banksy says that he was inspired by 3D, a graffiti artist and founding member of the musical group Massive Attack.
Supply-side policies have proven that smaller government makes the economy more efficient. Select one: True False
Answers
Answer:
The given statement is "False".
Explanation:
Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake. Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.Which of the following is a significant factor in how willing creditors will be to
extend credit to an individual?
A. The individual's history of paying back previous credit
B. The individual's general appearance
C. The individual's family situation
D. The individual's education level
Answers
Answer:A
Explanation:
The individual's history of paying back previous credit is a significant factor in how willing creditors will be to extend credit to an individual. Thus, option A is correct.
What is Credit?The capacity to obtain products or services or take loans only with the idea that pays for them afterward is known as credit. Credit is generally given to a person for a fixed period of time that is previously decided at the time of giving money.
This means that the person makes the decision of returning depending on the flow of the social class, which means that the money received by one is given to another person and the cycle goes on.
In the money market, a person is only given the amount if that is known that the amount will be back at the desired time. Therefore, option A is the correct option.
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a real estate developer has parceled land between a river and river road, as shown below. the land has been divided by segments perpendicular to the road. what is the river frontage for each of the three lots?
Answers
The river frontage for each of the three lots will vary depending on the specific dimensions of the parcels and the number of segments dividing the land perpendicular to the road.
To determine the river frontage for each of the three lots, we need specific information about the dimensions and segment placements on the land. Without these details, it is not possible to provide an exact answer.
However, in general, the river frontage for each lot would be determined by the length of the segment that borders the river. If the land has been divided into three equal-sized lots, each lot would likely have an equal share of the river frontage.
For example, if the total river frontage is 300 feet and the land has been divided into three equal segments, each lot would have a river frontage of approximately 100 feet.
The main words in this explanation are "river frontage," "parceled land," and "segments perpendicular to the road." The river frontage of each lot is determined by the length of the segment that borders the river, and the division of land into segments perpendicular to the road allows for equal or varying distribution of the river frontage among the lots, depending on their dimensions and placement.
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HELP I NEED SOMEONE`S ADVICE
Answers
Answer:
Ok so Here's my advice -
"If You can't do great things then, do small things in a great way"
Byee!
-Nezuko
What do you need advice for? Is this a specific issue or are you just wanting advice in general?
A downward sloping demand curve can be explained by i. diminishing marginal utility. ii. diminishing marginal returns. iii. the substitution effect. iv. the income effect.
Answers
A downward sloping demand curve can be explained by i. diminishing marginal utility, iii. the substitution effect, and iv. the income effect.
A downward sloping demand curve can be explained by i. diminishing marginal utility, iii. the substitution effect, and iv. the income effect.
1. Diminishing marginal utility: This refers to the idea that as a consumer consumes more of a good, the additional satisfaction (or utility) they gain from each additional unit decreases. This causes the demand curve to slope downward because consumers are less willing to pay a high price for additional units of the good.
2. Substitution effect: As the price of a good increases, consumers may choose to substitute it with other similar goods that are relatively less expensive. This causes the demand curve to slope downward because an increase in price results in a decrease in the quantity demanded as consumers switch to alternative products.
3. Income effect: When the price of a good decreases, consumers' real income effectively increases (since they can now purchase more of the good with the same amount of money). As a result, consumers may choose to buy more of the good, causing the demand curve to slope downward as lower prices lead to an increase in the quantity demanded.
Note that option ii. diminishing marginal returns is not relevant to the demand curve, as it refers to the production side of the economy (i.e., how output changes as additional units of input are used in production).
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In microeconomics, the term ________________ is synonymous with economies of scale. a) diminishing marginal returns b) increasing returns to scale c) decreasing returns to scale d) constant returns to scale
Answers
The term that is synonymous with economies of scale in microeconomics is b) increasing returns to scale.
Economies of scale are cost advantages reaped by companies when production becomes efficient. Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable.
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When searching for a school that is a good match for you, which of the following is NOT important to consider.
Financial options
Other degrees offered
Your priorities
Your preferences
Answers
Answer:
Explanation:
C
Answer:
Your preferences
Explanation:
Your preferences is not a factor to consider when searching for a good school match. It is important to consider financial options, other degrees offered, and your priorities when searching for a good school match.
For those with health issues, regular exercise is not generally recommended. Please select the best answer from the choices provided. T F D. soccer Please select the best answer from the choices provided. A B C DIt's recommended that those with osteoporosis __________. A. monitor their blood sugar levels throughout cardiorespiratory activities B. increase their bone density with high-intensity activities C. always have their inhalers close by during flexibility activities D. limit their overall activity time to 20 minutes per day Please select the best answer from the choices provided. A B C D Mark this and return
Answers
Answer:
For those with health issues, regular exercise is not generally recommended. regular exercise can be too hard for them. If they have Asma attacks, they can stop breathing if they run for too long
Explanation: my sister has a health issue
Answer:
FALSE
Explanation:
Why is the release of GDP statistics less interesting to investors than the release of other economic indicators?
A.Because governments consistently alter their GDP measurement methods
B.Because the formula for GDP includes not only private investment but also other irrelevant factors
C.Because GDP is not official government data
D.Because GDP statistics are released well after other economic indicators
Answers
The release of GDP statistics less interesting to investors than the release of other economic indicators D.Because GDP statistics are released well after other economic indicators.
GDP numbers are typically published quarterly, although other economic indicators such as employment, the consumer price index, and retail sales are published more regularly, occasionally monthly.
As a result, investors are less interested in the announcement of GDP numbers because they have already been watching other economic indicators and have a solid picture of the status of the economy. When GDP numbers are released, the information may no longer be as valuable to investors in making investment decisions.
Furthermore, while GDP is a key measure of economic performance, it is not the only element considered by investors when making investment decisions.
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How different would your life be if there weren't social media platforms? Would your life improve? What would you miss?
Answers
Answer:
I think it would improve because then people will be more interactive and social and everyone will be way more kind and I think its just way better in every way be social media is addicting to people. do yee. =)
Answer:
It will improve
Explanation:
Because the the citizen will be more caring to other things. I think there isn't a thing that we would miss
find the id and cruisingrange of airplanes such that every pilot certified to operate that airplane makes at least $x5.
Answers
To find the ID and cruising range of airplanes such that every pilot certified to operate that airplane makes at least $x5, you would need to follow below steps.
Research the certification requirements for pilots to operate specific airplane models: Each type of aircraft has its own set of requirements for pilots to become certified to operate them.
Determine the typical salary range for pilots who are certified to operate those airplane models: You can research the average salaries for pilots of specific airplane models by looking at job listings for airlines that operate those planes, or by reaching out to pilot unions or industry associations for information on pilot compensation.
Filter for airplane models that meet the salary criteria: Once you have determined the certification requirements and typical salary range for pilots of specific airplane models, you can filter for models that meet the salary criteria you have set. This will allow you to narrow down your search to a list of airplanes that meet your salary requirements.
Look up the ID and cruising range of the airplanes that meet your criteria: With your list of airplane models that meet your salary criteria, you can look up the unique identifier (ID) for each airplane model and its cruising range. This information can typically be found on aircraft manufacturer websites or aviation industry databases.
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The financial records of Taylor and Daughter, show current assets of $850 and net fixed assets of $2,450. The firm has $700 in liabilities, which is the amount the firm would need to pay today to extinguish its debt. The firm estimates that it could sell its current assets for $800 and its fixed assets for $1,990. What is the market value of the stockholders' equity?
Answers
The market value of the stockholders' equity is $2,390.
The market value of the stockholders' equity can be calculated by subtracting the total liabilities from the total assets:
Total assets = Current assets + Net fixed assets
Total assets = $850 + $2,450
Total assets = $3,300
Total liabilities = $700
Total stockholders' equity = Total assets - Total liabilities
Total stockholders' equity = $3,300 - $700
Total stockholders' equity = $2,600
Since the firm estimates that it could sell its current assets for $800 and its fixed assets for $1,990, we can also calculate the market value of the stockholders' equity using the market value approach:
Market value of the stockholders' equity = Market value of assets - Market value of liabilities
Market value of the stockholders' equity = ($800 + $1,990) - $700
Market value of the stockholders' equity = $3,090 - $700
Market value of the stockholders' equity = $2,390
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which of the following is not considered an effective advertising technique in the digital era?
Answers
In the digital era, traditional advertising techniques have evolved, and certain approaches may be less effective. One technique that is not considered effective in the digital era is intrusive advertising.
Intrusive advertising refers to advertisements that disrupt the user experience by appearing unexpectedly or forcefully. This includes pop-up ads, auto-playing videos, and intrusive banners that obstruct content. Such advertising methods are often met with annoyance by users and can negatively impact the overall user experience.
Instead, digital advertising in the modern era focuses on more user-friendly and targeted approaches, such as:
Content marketing: Creating valuable and relevant content to attract and engage the target audience.
Social media marketing: Leveraging social media platforms to reach and interact with the target audience.
Influencer marketing: Collaborating with influencers or individuals who have a significant following to promote products or services.
Native advertising: Seamlessly integrating advertisements into the user's browsing experience to provide a more natural and non-disruptive feel.
Personalization and targeting: Tailoring advertisements based on user preferences, behaviors, and demographics.
By utilizing these techniques, advertisers can create a more engaging and effective digital advertising strategy in the modern era.
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adelaide financial has 20 business days to resolve an error on an account less than two weeks old. True or False
Answers
The given statement is false because 20 business days would exceed the two-week time frame.
In the scenario given, the account in question is less than two weeks old. Assuming a standard five-day workweek (Monday to Friday), two weeks would consist of 10 business days. However, the statement claims that Adelaide Financial has 20 business days to resolve the error on the account, which is twice the expected time frame.
If Adelaide Financial truly had 20 business days to address the error, it would mean that they have an extended resolution period beyond the usual two-week window. This could be due to various factors, such as the complexity of the error, internal processes, or regulatory requirements.
However, based on the information provided, the statement is false because it contradicts the given time frame. With only less than two weeks having passed since the account's creation, a resolution period of 20 business days would extend far beyond the two-week limit.
Therefore, Adelaide Financial would typically be expected to resolve the error within the two-week time frame for an account less than two weeks old, not 20 business days.
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All of the following are methods of evaluating the risk of a project except multiple choice the net present value profile a monte carlo simulation decision trees the coefficient of variation
Answers
The answer choice that is NOT a method of evaluating the risk of a project is its B. Profile
What is Risk Management?This refers to the identification of risk in any venture and the evaluation of the response to risk factors.
Hence, we can see that when a person is evaluating the risk of a project, he would have to check the net present value, the coefficient of variation, etc, but the evaluation of the profile is not a method of risk evaluation of the project.
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Why is money management important? How would you rate your own money management?
Answers
Answer:
because it has money
Explanation:
Answer:
Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.
Explanation:
what should you consider regarding auto insurance before buying a vehicle
Answers
Answer:both a and c
Explanation:
i did the quiz
which of the following is an internal control procedure used to safeguard a company's assets? multiple choice all of these answer choices are correct segregation of duties depositing cash receipts in a bank on a timely basis preparing a bank reconciliation
Answers
Segregation of duties, depositing cash receipts in a bank on a timely basis, and preparing a bank reconciliation are internal control procedures used to safeguard a company's assets. Options A, B , and C are correct answers.
Segregation of duties is an essential internal control procedure designed to minimize the risk of fraud, error, or irregularities in financial transactions. It involves assigning different tasks to different employees to reduce the risk of fraud or errors. For example, the employee responsible for approving invoices should not also be responsible for writing checks or reconciling bank statements. This separation of tasks ensures that no single person has complete control over financial transactions.Depositing cash receipts in a bank on a timely basis is another internal control procedure that helps safeguard the company's assets. This procedure ensures that cash is not kept in the company's premises for too long and reduces the risk of theft, loss, or misuse of cash.Preparing a bank reconciliation is an internal control procedure designed to ensure that the company's bank balance matches its accounting records. This procedure helps identify errors, fraud, or irregularities in bank transactions and helps safeguard the company's assets.Thus, options A, B , and C are correct answers.
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Andy's utility function for candy is. U(x) = 10vx. If Andy eats 64 pieces of candy,
how much utility does Andy receive?
Answers
Answer:
U(x) = 10vx. If Andy eats 64 pieces of candy,
Explanation:
2. You live near the beach and want to give snorkeling lessons. You estimate that after expenses, you can earn $10 per lesson. Each lesson will
be one-hour long, and you will offer lessons five days a week. Your income goal is $15,000 per year. How many lessons do you need to give to
achieve this goal? Is this goal realistic? Why or why not. Show your work.
Answers
If you live near a beach and want to teach snorkeling, that comes to 700 each week and 10 per lesson—60 minutes—every week. After expenses, you believe you can earn $10 each lesson. You will provide lessons five days a week, each lasting an hour. You want to make $15,000 a year in income goal.
income goal is a monetary objective that can be measured. There are several non-measurable developmental goals.
Sometimes, non-quantifiable developmental goals are more crucial than measurable ones, such as achieving financial security. When it comes to working women and enticing more women to work, non-measurable developmental income goal like respect, stability, and equality are more significant than cash.
Knowing what your income goals are is essential because so many people start their own businesses or venture into entrepreneurship without taking their financial situation into account or understanding the business's economics.
It's fine to make a wish list of experiences and things you'd like to do, but you also need to know how you plan to get there, which requires understanding your financial objectives.
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After a bank reconciliation has been completed these transactions are listed as ____ to the cash balance? ? need help taking A p e x quiz now!!! don't have time to be chasing a link!
A. Journal entries
B. Credits
C. Adjustments
D. debits
Answers
Answer:
A
Explanation:
After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.
Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books.
Answer:The answer is C
Explanation:
Just took the test
please please can someone help i need a full answer by 11pm =)
In addition to the 3 types of financial aid, students can also get academic loans. Today, we’ll focus on:
1. Grants
2. Scholarships
3. Work study
There are 3 questions to ask about financial aid:
1. How do you get the money?
2. Why are you getting the money?
3. Do you have to pay the money back?
Research online to answer these questions for each type of financial aid above. What kind of financial aid is the most appealing to you? Why?
Answers
Answer:
Grants:
How do you get the money? Grants are awarded to students based on financial need, academic achievement, or other specific criteria set by the grant provider. To apply for a grant, students typically need to complete the Free Application for Federal Student Aid (FAFSA) or other application required by the grant provider.
Why are you getting the money? Grants are designed to provide financial assistance to students who demonstrate a need for financial aid or meet specific eligibility requirements. The money can be used to cover tuition, fees, and other educational expenses.
Do you have to pay the money back? No, grants are typically considered gift aid and do not need to be repaid.
Scholarships:
How do you get the money? Scholarships are awarded based on academic achievement, talent, leadership, or other specific criteria set by the scholarship provider. To apply for a scholarship, students may need to complete an application, provide essays or letters of recommendation, and meet specific eligibility requirements.
Why are you getting the money? Scholarships are designed to provide financial assistance to students who demonstrate academic excellence, talent, or meet specific eligibility requirements. The money can be used to cover tuition, fees, and other educational expenses.
Do you have to pay the money back? No, scholarships are typically considered gift aid and do not need to be repaid.
Work study:
How do you get the money? Work-study programs provide students with part-time jobs on or off-campus. Students must apply for work-study by completing the FAFSA or other application required by the school.
Why are you getting the money? Work-study programs provide students with the opportunity to earn money to help pay for their educational expenses while gaining valuable work experience.
Do you have to pay the money back? No, work-study programs provide students with an opportunity to earn money and do not need to be repaid.
Among the three types of financial aid, scholarships are the most appealing to me because they are awarded based on academic achievement or talent, which rewards hard work and dedication. Also, scholarships do not need to be repaid, so I do not have to worry about accumulating debt. Additionally, scholarships can cover a significant portion of my educational expenses, allowing me to focus on my studies and achieve my academic goals without the burden of financial stress.
Explanation:
The design of most compensation programs rewards employees for carrying out their tasks, duties and responsibilities with increased requirements. This is known as _______.
Answers
The design of most compensation programs rewards employees for carrying out their tasks, duties, and responsibilities with increased requirements. This is known as performance-based compensation.
Performance-based compensation is a system where employees receive financial rewards based on their performance and achievements in their job. This approach is designed to motivate employees to work harder, be more efficient, and contribute to the overall success of the organization.
By linking employee compensation to their performance, employers can create a sense of ownership and responsibility among employees, encouraging them to perform at their best.
There are several components to performance-based compensation systems, including setting clear expectations, establishing performance metrics, regular performance evaluations, and providing appropriate rewards.
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when mass manufacturing pens. Combining economies of learning with the existing production technology allows a firm to.
Answers
When mass manufacturing pens, combining economies of learning with the existing production technology allows a firm to increase its efficiency and reduce its costs.
Economies of learning refer to the improvements in efficiency and productivity that occur as a result of experience gained from repetitive production activities. As a firm continues to manufacture pens, it becomes more familiar with the production process and learns how to produce them more efficiently.
By combining economies of learning with the existing production technology, a firm can optimize its production process and achieve economies of scale. This means that the firm can produce pens in large quantities at a lower cost per unit, due to the spreading of fixed costs over a larger volume of output. This can lead to lower prices for customers, increased sales volume, and higher profits for the firm.
In addition, combining economies of learning with existing production technology can also help a firm to improve its product quality and consistency. As the production process becomes more streamlined and efficient, there is less room for errors and defects, resulting in a higher-quality product. This can lead to increased customer satisfaction, repeat business, and a positive reputation for the firm.
Overall, combining economies of learning with existing production technology can be a highly effective strategy for firms in the pen manufacturing industry, allowing them to optimize their production processes, achieve economies of scale, improve product quality, and increase profitability.
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What is the annual profit when the income is $200,000.00 and the expenses are $150,000.00
Answers
Answer:
╭┄┈┄────────❥Let us take the example of a company with total revenue of $200,000 and explicit costs of $150,000. Calculate the economic profit of the company if the implicit costs are $30,000. Therefore, the company earned economic profit of $20,000.
A small-scale contractor is looking to expand his construction fleet through two mutually exclusive alternatives: either a) the purchase of additional pick-up trucks or b) the purchase of an additional backhoe. The contractor has an MARR of 8% per year.
Answers
The contractor's minimum attractive rate of return (MARR) is 8% per year. The contractor is seeking to increase his construction fleet through the acquisition of additional pick-up trucks or an additional backhoe. The two mutually exclusive options are as follows: a) The purchase of additional pick-up trucks. b) The purchase of an additional backhoe.
The contractor should choose the alternative that has the higher present value. The acquisition of additional pick-up trucks has an initial outlay of $60,000, an annual revenue of $20,000, and an annual maintenance cost of $10,000. Its estimated useful life is five years, after which it can be sold for $10,000. The net present value (NPV) of the project can be calculated using the following formula: Net Present Value (NPV) = Σ [Rt / (1 + r)t] - C where Rt is the net cash flow in year t, r is the discount rate, and C is the initial investment.
The net cash flow for each year is as follows: Year 1: $20,000 - $10,000 = $10,000Year 2: $20,000 - $10,000 = $10,000Year 3: $20,000 - $10,000 = $10,000Year 4: $20,000 - $10,000 = $10,000Year 5: $20,000 - $10,000 + $10,000 = $20,000The present value of each cash flow is as follows: Year 1: $9,259Year 2: $8,566Year 3: $7,918Year 4: $7,312Year 5: $12,991The NPV of the acquisition of additional pick-up trucks is as follows: NPV = ($9,259 + $8,566 + $7,918 + $7,312 + $12,991) - $60,000NPV = $46,046The acquisition of an additional backhoe has an initial outlay of $200,000, an annual revenue of $100,000, and an annual maintenance cost of $40,000. Its estimated useful life is also five years, after which it can be sold for $60,000.The net cash flow for each year is as follows: Year 1: $100,000 - $40,000 = $60,000Year 2: $100,000 - $40,000 = $60,000Year 3: $100,000 - $40,000 = $60,000Year 4: $100,000 - $40,000 = $60,000Year 5: $100,000 - $40,000 + $60,000 = $120,000The present value of each cash flow is as follows: Year 1: $55,556Year 2: $51,282Year 3: $47,337Year 4: $43,695Year 5: $77,917The NPV of the acquisition of an additional backhoe is as follows: NPV = ($55,556 + $51,282 + $47,337 + $43,695 + $77,917) - $200,000NPV = $76,787Therefore, the contractor should acquire an additional backhoe as it has a higher NPV than the acquisition of additional pick-up trucks.
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