{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T21:15:32-04:00", "answer_date": "2024-05-27 21:15:32", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1802272", "url": "\/study-help\/questions\/chapter-11-hw-ebook-pet-present-value-method-for-a-1802272", "question_creation_date_js": "2024-05-27T21:15:32-04:00", "question_creation_date": "May 27, 2024 09:15 PM", "meta_title": "[Solved] Chapter 11 HW eBook Pet Present Value Met | SolutionInn", "meta_description": "Answer of - Chapter 11 HW eBook Pet Present Value Method for a Service Company AM Express Inc is considering the purchase of an ad | SolutionInn", "meta_keywords": "chapter,11,hw,ebook,pet,present,value,method,service,company,express,inc", "question_title_h1": " Chapter 11 HW eBook Pet Present Value Method for a Service Company AM Express Inc is considering the purchase of an additional delivery vehicle", "question_title": " Chapter 11 HW eBook Pet Present Value Method for a Service", "question_title_for_js_snippet": "Chapter 11 HW eBook Pet Present Value Method for a Service Company AM Express Inc is considering the purchase of an additional delivery vehicle for $41,000 on January 1, 2011 The truck is expected to have a five year life with an expected residual value of $5,000 at the end of years The expected additional revenues from the added delivery capacity are anticipated to be $70,000 per year for each of the next five years A driver will cost $48 000 in 2011, with an expected annual salary increase of $4,000 for each year thereafter The annual operating costs for the truck are estimated to be $2,000 per year Present Value of $1 at Compound Interest Year 6 10 12 15 20 3 0 943 0 909 0 893 0 870 0 833 2 0 890) 0 826 0 797 0 756 0 094 0840 0 751 0 712 0 658 0 579 4 0 792 0 683 0 636 0 572 0 462 B 0 747 0 621 0 567 0 497 0 400 G 0 705 0 564 0 507 0 432 0 325 7 0 665 0 513 0 452 0376 0379 0 627 0 467 0 404 0 322 0 233 9 0 592 0 424 0 361 0 284 0 104 10 0 558 0306 0 322 0347 0 162 a Determine the expected annual net cash flows from the delivery truck investment for 2011 2015 Annual Net Cash Flow 2011 2012 2013 2014 Check My Work Assignment Sean 8 Previous Next A work d Submit Assignment for Grading", "question_description": "\"image\"image\"image\"image", "transcribed_text": "Chapter 11 HW eBook Pet Present Value Method for a Service Company AM Express Inc is considering the purchase of an additional delivery vehicle for $41,000 on January 1, 2011. The truck is expected to have a five-year life with an expected residual value of $5,000 at the end of years. The expected additional revenues from the added delivery capacity are anticipated to be $70,000 per year for each of the next five years. A driver will cost $48.000 in 2011, with an expected annual salary increase of $4,000 for each year thereafter. The annual operating costs for the truck are estimated to be $2,000 per year Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 3. 0.943 0.909 0.893 0.870 0.833 2 0.890) 0.826 0.797 0.756 0.094 > 0840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.462 B 0.747 0.621 0.567 0.497 0.400 G 0.705 0.564 0.507 0.432 0.325 7 0.665 0.513 0.452 0376 0379 0.627 0.467 0.404 0.322 0.233 9 0.592 0.424 0.361 0.284 0.104 10 0.558 0306 0.322 0347 0.162 a. Determine the expected annual net cash flows from the delivery truck investment for 2011-2015 Annual Net Cash Flow 2011 2012 2013 2014 Check My Work Assignment Sean 8% Previous Next A work d Submit Assignment for Grading", "related_book": { "title": "College Accounting", "isbn": "1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192", "edition": "20th Edition", "authors": "Heintz and Parry", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/73.jpg", "uri": "\/textbooks\/college-accounting-20th-edition-73", "see_more_uri": "" }, "free_related_book": { "isbn": "1563272695", "uri": "\/textbooks\/kanban-for-the-shopfloor-1st-edition-978-1563272691-174304", "name": "Kanban For The Shopfloor", "edition": "1st Edition" }, "question_posted": "2024-05-27 21:15:32", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/how-much-money-would-a-man-have-to-deposit-each-282657", "description": "How much money would a man have to deposit each year for 6 years starting 4 years from now if he wanted to have $12,000 eighteen years from now? 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