Assignment 4 - problem 1 , 3 ,4

Assignment 4 - Problem 1 Eva is considering the purchased of a new truck for her business. The purchase price of the truck is $25,000. She expects the truck to last for 6 years. At the end of year 6- the truck should have a salvage value of $8,000. (a) Assuming declining-balance depreciation, calculate the depreciation rate d, needed for the book value of the truck to be $8,000 at the end of year 6. (b) Using the value of d from part (a), create a table with 4 columns: the Year (start at 'zero'); the Depreciation Charge; the Accumulated Depreciation; and the Book Value. The table should go up to Year 6.Assignment 4 - Problem 3 Eva just paid a business owner, located near the University, $2,000 for unlimited parking in the business owner's lot. This arrangement saves her $90 per month in parking fees at the University. The agreement Eva made with the business owner is that she can park in the lot until she finishes her Ph.D. If Eva uses a 10% MARR, compounded monthly, on her investments, how many months of parking are required for this to be a good deal for her?Assignment 4 - Problem 4 Building a bridge will cost $65,000,000. Vehicle tolls will be $12 and traffic projections are for 5,000 vehicles per day. The operating and maintenance costs of the bridge will be directly proportional to the number of vehicles and hence the toll revenue. These costs will be 20% of the toll revenue. Find the payback period of the bridge in years