FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6. Your company will generate $50,000 in annual revenue each year for the next seven years from a new information database. If the interest rate

6. Your company will generate $50,000 in annual revenue each year for the next seven years from a new information database. If the interest rate is 4%, what is the present value of the savings? ( STATE WHAT APPENDIX AND WHAT NUMBERS LOOKED UP PLEASE)

PVa = A x PVaif

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Financial Risk Management Enterprise Wide Risk Management In Theory And Practice

Advanced Financial Risk Management Enterprise Wide Risk Management In Theory And Practice

Authors: Donald Van Deventer, Kenji Imai, Mark Mesler

3rd Edition

1547416157, 9781547416158

More Books

Students also viewed these Finance questions

Question

★★★★★
If you double the width of a single slit, the intensity of the central maximum of the diffraction pattern increases by a factor of 4, even though the energy passing through the slit only doubles....

Answered: 1 week ago

Question

★★★★★
Why is it often a good practice to simply write off a bad debt rather than pursue payment from a credit customer?

Answered: 1 week ago

Question

★★★★★
Are summer stipends available?

Answered: 1 week ago

Question

★★★★★
Ionic Charge, is a newly organized manufacturing business that plans to manufacture and sell 60,000 units per year of a new product. The following estimates have been made of the company's costs and...

Answered: 1 week ago

Question

★★★★★
The Bruin's Den Outdoor Gear is considering a new 6 - year project to produce a new tent line. The equipment necessary would cost $ 1 . 2 9 million and be depreciated using straight - line...

Answered: 1 week ago

Question

★★★★★
This Purchasing Policy applies to and binds all directors, managers and employees of the organisation in any situation where they are involved in a purchasing process, whether as requisitoners or...

Answered: 1 week ago

Question

★★★★★
What are the skills of management ?

Answered: 1 week ago

Question

★★★★★
Which of these chemicals is used as a water softening agent? [A] Baking soda [B] Washing soda [C] Bleaching powder [D] Slaked lime

Answered: 1 week ago

Question

★★★★★
Which of these chemicals is used to form soaps containing sodium salts? [A] Sulphuric acid [B] Sodium hydroxide [C] Nitric acid [D] Carbonic acid

Answered: 1 week ago

Question

★★★★★
Which of the following elements is used for vulcanizing rubber? [A] Chlorine [B] Phosphorus [C] Sulphur [D] Bromine

Answered: 1 week ago

Question

★★★★★
Which of the following soils have a high content of aluminium and iron oxide? [A] meadow soil [B] podzol soil [C] chernozem soil [D] pedalfer soil

Answered: 1 week ago

Question

★★★★★
What was the potential conflict of confidentiality? Why was it a problem?

Answered: 1 week ago

Question

★★★★★
Should an employee who is about to be discharged for cause be allowed to resign? Why or why not?

Answered: 1 week ago

Question

★★★★★
Why is it advisable that human resources provide individual meetings with each employee that is terminated in a workforce reduction?

Answered: 1 week ago

Previous Question Next Question