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can you answer all three of these questions Rogers Company is considering purchasing equipment. It will produce the following cash fows: 9) Year 1 Year
can you answer all three of these questions Rogers Company is considering purchasing equipment. It will produce the following cash fows: 9) Year 1 Year 2 $20,000 $30,000 To earn a minimum rate of return of 10%, Rogers cannot buy this equipment unless the price is or lower a) $42,975.30 b) $21,487.65. c) $50,000.00 d) $45,454.54 10) Holland Co. purchased equipment that requires annual payments of $25,000 to be paid at the end of each of the next 6 years. The appropriate discount rate is 12%. What amount will be used to record the purchase price of the equipment? a) $150,000.00 b) $138,143.40 c) $102,785.25. d) $96,374.50 BONUS QUESTION: Jenny Carson invested $12,000 at 8% annual interest compounded annually and left the money invested without withdrawing anything for 15 years. She looked in the four tables and, using 8% and 15 periods, she found the following four factors (in no particular order). Which factor would Jenny use to compute the amount she will have in the account? a) 27.15211. b) 8.55948 c) 3.17217 d) 0.31524
can you answer all three of these questions
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