Maintenance costs for a regenerative thermal oxidizer increased according to an arithmetic gradient for 5 years. The
Question:
Maintenance costs for a regenerative thermal oxidizer increased according to an arithmetic gradient for 5 years. The cost in year 1 was $7000. If the interest rate is 10% per year and the present worth of the costs for a 5-year period was $28,800, the amount of the yearly increase, G, was closest to:
(a) $1670
(b) $945
(c) $620
(d) $330
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
d 28800 7000...View the full answer
Answered By
Geoffrey Isaboke
I am an industrious tutor with a 5-yr experience in professional academic writing. I have passion for History and Music and I have good knowledge in Economics
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Maintenance costs for a small bridge with an expected 50-year life are estimated to be $1,000 each year for the first 5 years, followed by a $10,000 expenditure in the year 15 and a $10,000...
-
The Pedernales Electric Cooperative estimates that the present worth now of income from an investment in renewable energy sources is $12,475,000. There will be no income in years 1 and 2, but in year...
-
NMTeX Oil owns several gas wells in Carlsbad, NM. Revenue from the wells has been increasing according to an arithmetic gradient for the past 5 years. The revenue in year 1 from well no. 24 was...
-
1- What signal is produced if the sampling frequency is equal to Fm? 2- Find the range of the cutoff frequency funt for LPF required to reconstruct the original signal from the sampled one. 3- If the...
-
Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The following end-of-period spreadsheet was prepared for the year ended July 31, 2019: Based on the preceding spreadsheet,...
-
A firm has experienced an increasing current ratio but a decreasing operating cash flow to current liabilities ratio during the last three years. What is the likely explanation for these results?
-
When does a party have an automatic right to amend a pleading?
-
An auditor for Health Maintenance Services of Georgia reports 40% of policyholders 55 years or older submit a claim during the year. Fifteen policyholders are randomly selected for company records....
-
2. A 55 kg human is shot out the end of a cannon with a speed of 18 m/s at an angle of 60. Ignore friction and solve this problem with energy conservation. As he exits the cannon, find: a. horizontal...
-
Was it absolutely necessary to "throw out" the Articles of Confederation and replace our country's constitution with the United States Constitution (USC)? Was it right to adopt the United States...
-
The point at which a customer chooses one food service operation over another is a result of the operation creating a competitive edge. This is referred to as the point of: A. Sale B. Difference C....
-
Circle the appropriate response. 1. Market segmentation defines a group of people who, as individuals or an organization, have needs for products and possess the ability, willingness, and authority...
-
Write your answer to the following problems with the appropriate number of significant figures. (a) 6.85 105 m + 2.7 107 m (b) 702.35 km + 1897.648 km (c) 5.0 m 4.3 m (d) (0.04/) cm (e) (0.040/) m
-
Explain how you plan to gain awareness for your product(soft drink). Discuss your integrated marketing communications (IMC) plans including advertising, sales promotions, public relations, personal...
-
The balance sheet of River Electronics Corporation as of December 31, 2023, included 12.50% bonds having a face amount of $91.8 million. The bonds had been issued in 2016 and had a remaining discount...
-
Can we expect to see some long-term beneficial consequences from COVID-19 and its associated hysteria (mandatory business closure, social distancing, etc.)? Think about the Broken Window Fallacy and...
-
San Diego Corp has 2,318,809 million shares of common stock outstanding witha par value of $1.00 per share. The current marketprice per share is $ 75. San Diego Corp hasoutstanding debt with a par...
-
Explain the problem in the case "Meyer Mobile Homes Corporation" Explain Assumptions that you have made about the case Explain Alternatives Generation (at least 4 about the case) Explain Evaluative...
-
What is the barometric pressure reading in inches of mercury corresponding to 14.696 psia?
-
Imagine a sound wave with a frequency of 1.10 kHz propagating with a speed of 330 m/s. Determine the phase difference in radians between any two points on the wave separated by 10.0 cm.
-
The ENR construction cost index for New York City had a value of 12,381.40 in February 2007. For Pittsburgh and Atlanta, the values were 7341.32 and 4874.06, respectively. If a general contractor in...
-
A high-pressure stainless steel pump (1000 psi) with a variable-frequency drive (VFD) is installed in a seawater reverse-osmosis pilot plant that is recovering water from membrane concentrate at a...
-
A mini wind tunnel for calibrating vane or hotwire anemometers cost $3750 in 2002 when the M&S equipment index value was 1104.2. If the index value is now 1620.6, estimate the cost of a tunnel twice...
-
When teachers say they are color blind, they are usually saying that they do not discriminate and that they treat all their students equally. Of course, being fair and treating each student with...
-
The purpose of this activity is to identify and present how the brand uses different social media platforms to communicate its messages. ISocial Media Platforms (TikTok) Analysis (Value offered,...
-
Define a research question that can be answered (in full or in part) with qualitative data. Describe the sample of participants you might obtain to help you answer this research question. Draft an...
Study smarter with the SolutionInn App