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Determine the balance which will accumulate at the end of year 5 in an account which pays 10%/yr simple interest if a deposit of $600
Determine the balance which will accumulate at the end of year 5 in an account which pays 10%/yr simple interest if a deposit of $600 is made today. a. 966.3 $ b. 900 $ In economic analysis, "equivalence" means a. the state of being equal in time just b. the state of being equal in value o c. cash flow profiles O d. non of the above Installing insulation materials on a company building walls is estimated to cost $10,000. and are expected to last three years and have no salvage value at that time. The energy savings from the material are expected to be 2525$ each year for the six years. If MARR is 15%/yr and the present worth measure of worth is to be used, is this an attractive investment? note: (P|F, 15%, 1) = 0.869, (P| F, 15%, 2) = 0.756, (P|F, 15%, 3) = 0.6575 O a. No, answer is 1530. 07$ b. Yes, answer is 1530. 07$ O c. No, answer is 6,765.08 $ O d. Yes, answer is 6,765.08 $ The positive value of present worth indicates an attractive investment, and the value of zero for present worth indicates indifference regarding the investment opportunity Select one: O True False
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