Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

for tve schedule of values, develop unbalanced bid to increase present valur of project assuming interest rate of .667% per month. PV of Bal. Bid

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
for tve schedule of values, develop unbalanced bid to increase present valur of project assuming interest rate of .667% per month.
PV of Bal. Bid PV of Unbal. Bid Gain or (Loss) Balanced Bid Unbalanced Bid Month of Present Value No. Description Amount Amount Payment (PV) of $1 1 Site Prep S 200 000 2 2 Lot A Grading S 550,000 5 3 Retainage Wall $ 1,540,000 8 4 Lot B Grading S 580,000 11 5 Utilities S 780,000 12 6 Landscaping S 350.000 14 Total: $4,000,000 ona Unbalanced Total: Complete the table shown above (also available on Canvas). Be sure to show the Gain (or Loss) for each individual item. Also, the unbalanced cost must still appear moderately reasonable to the average client. What was the Total Gain that you achieved (in dollar $)? Enter your answer here Which equals to what percentage (%) of the contract value? Enter your answer here Repeat the first problem, except now use an interest rate of i= 3% per month (Use the attached excel sheet on canvas to submit you work) Please select file(s) Select file(s) Save Answer Q13.4 1 Point When the interest rate was 3%. What was the Total Gain that you achieved (in dollar $)? Enter your answer here Which equals to what percentage (%) of the contract value? Enter your answer here PV of Bal. Bid PV of Unbal. Bid Gain or (Loss) Balanced Bid Unbalanced Bid Month of Present Value No. Description Amount Amount Payment (PV) of $1 1 Site Prep S 200 000 2 2 Lot A Grading S 550,000 5 3 Retainage Wall $ 1,540,000 8 4 Lot B Grading S 580,000 11 5 Utilities S 780,000 12 6 Landscaping S 350.000 14 Total: $4,000,000 ona Unbalanced Total: Complete the table shown above (also available on Canvas). Be sure to show the Gain (or Loss) for each individual item. Also, the unbalanced cost must still appear moderately reasonable to the average client. What was the Total Gain that you achieved (in dollar $)? Enter your answer here Which equals to what percentage (%) of the contract value? Enter your answer here Repeat the first problem, except now use an interest rate of i= 3% per month (Use the attached excel sheet on canvas to submit you work) Please select file(s) Select file(s) Save Answer Q13.4 1 Point When the interest rate was 3%. What was the Total Gain that you achieved (in dollar $)? Enter your answer here Which equals to what percentage (%) of the contract value? Enter your answer here

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

Step: 3

blur-text-image

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

Managerial Accounting For Undergraduates

Authors: Christensen, Theodore E. Hobson, L. Scott Wallace, James S.

1st Edition

1618531123, 9781618531124

More Books

Students also viewed these Accounting questions

Question

3. What obstacles interfere with eff ective listening?

Answered: 1 week ago