I don't know how to post individually the questions because basically its a one problem with sub questions.

B. Problems and Questions The Superior Wheat Company is analyzing the replacement of an aging crop harvester. The key parameters of the three harvesters under scrutiny are provided below. Parameters Case IH John Deere 1. Initial Cost ($) $330,000 355,000 375,000 $225,000 at EOY1 increasing by 2% annually to EOY5 $260,000 at $250,000 at EOY1 inclusively; EOY1 2. Revenues ($) decreasing by 1% revenues in increasing by annually EOY5 1% annually thereafter subsequently thereafter. increase annually by 1% to EOY10. $190,000 from $140,000 at EOY1 $163,500 at EOY1 to EOY5 3. Operating costs increasing by 3% EOY1 increasing inclusively; by $500 annually annually ($) $200,000 from thereafter. thereafter EOY6 to EOY10. 4. End-of-life salvage value $30,000 20,000 5. Useful life (years) 5 years 10 years 10 years All parameter values are fictitious. EOY = End-of-year Industry Standard = 6 years MARR = 10% John Deere's Net Future Worth (NFW) after 10 years (rounded to the nearest $100) is a) $193,900; b) $232,100; c) $260,100; d) $277,600 Case's Net Future Worth (NFW) after 5 years (rounded to the nearest $100) is a) $88,300; b) $95,000; c) $98,600; d) $106,400. IH's NPW (rounded to the nearest $100) is a) $102,900; b) $108,500; c) $113,000; d) $119,500. 4. IH's Annual Equivalent Worth (AEW) (rounded to the nearest $100) is a) $9,300; b) $12,100; c) $14,400; d) $16,700. John Deere's Annual Equivalent Worth (AEW) (rounded to the nearest $100) over 20 years it was repeated) is a) $16,300; b) $17,800; c) $19,400; d) $21,600. The best harvester based on the Net Present Worth (NPW) method is a) Case; b) IH; c) John Deere. The best harvester based on the Annual Equivalent Worth (AEW) method is a) Case; b) IH; c) John Deere. Based on the simple payback method, IH's recovery period (to the nearest half or full year) is a) 3.5 years; b) 4.0; c) 4.5; d) 5.0. Based on the simple payback method, IH's project balance after 2 years (rounded to the nearest $100) is a) $-232,500; b) $-228,000; c) $-112,900; d) $32,500. 10. Based on the discounted payback method, Case's recovery period (to the nearest half or full year) is a) 3.5 years; b) 4.0; c) 5.0; d) 5.5 11. Based on the discounted payback method, Case's project balance after 2 years (rounded to the nearest $100) is a) $-188,900; b) $-175,000; c) $-155,900; d) $55,500. 12. Based on the discounted payback method, IH's project balance after 2 years (rounded to the nearest $100) is a) $-296,400; b) $-284,600; c) $-196,900; d) $-88,200. 13. The best (valid) harvester based on the Simple Payback method is a) Case; b) IH; c) John Deere; d) None of the harvesters is valid. The best harvester based on the Discounted Payback method is a) Case; b) IH; c) John Deere; d) None of the harvesters is valid. Case's benefit/cost (B/C) ratio (second decimal; no rounding) is a) 0.98; b) 1.02; c) 1.06; d) 1.10 John Deere's benefit/cost (B/C) ratio (second decimal; no rounding) is a) 0.99; b) 1.06; c) 1.09; d) 1.11. 17. The incremental B/C ratio (second decimal; no rounding) between Case and IH is a) 0.75; b) 0.82; c) 0.97; d) 1.02. 18. The incremental B/C ratio (second decimal; no rounding) between IH and John Deere is a) 0.94; b) 0.98; c) 1.01; d) 1.05. 19. The best (valid) harvester based on the Benefit/Cost (B/C) ratio (use as many decimals as required) is a) Case; b) IH; c) John Deere. 20. Case Case's Internal Rate of Return (IRR) (second decimal; no rounding) is a) 16.85%; b) 18.89%; c) 20.67%; d) 22.89%. John Deere's Internal Rate of Return (IRR) (second decimal; no rounding) is a) 11.54%; b) 12.89%; c) 14.65%; d) 15.65%. The incremental Internal Rate of Return (AIRR) between Case and John Deere (second decimal; no rounding) is a) 9.25%; b) 11.30%; c) 12.90%; d) 13.45%. IH's External Rate of Return (ERR) (second decimal; no rounding) is a) 12.83%; b) 13.30%; c) 15.80%; d) 16.47% John Deere's External Rate of Return (ERR) (second decimal; no rounding) is a) 9.15%; b) 10.30%; c) 11.46%; d) 12.63%. 25. The incremental External Rate of Return (AERR) between Case and John Deere (second decimal; no rounding) is a) 10.28%; b) 11.38%; c) 11.96%; d) 12.32%. 26. The incremental External Rate of Return (AERR) between IH and John Deere (second decimal; no rounding) is a) 7.98%; b) 8.86%; c) 9.04%; d) 9.46%. 27. The best (valid) harvester based on the External Rate of Return (ERR) method (use as many decimals as required) is a) Case; b) IH; c) John Deere. 28. With the discounted payback method, MARR and a project's recovery period are positively correlated. a) Yes; b) No; c) Depends on MARR's value (%); d) Depends on the project's recovery period. 29. If the company's current harvester budget is $750,000, which harvester (s) should it purchase assuming that harvesters are independent investments? a) Case, IH and John Deere; b) IH only; c) Case and IH; d) IH and John Deere. 30. If the company prefers to purchase two harvesters instead of one in 2020 (that is, one in the first half of 2020 and the other in the second half of 2020), which harvester in Question 29 should it purchase in the first half of 2020? a) Case; b) IH; c) John Deere; d) Both harvesters should be purchased at the same time. 31. Zorro plans to make six consecutive monthly deposits of $500 in calendar year 2020 beginning on January 1 to a savings account that pays 12% interest compounded monthly. Which of the following answers would provide Zorro's account balance on December 31, 2020? a) FW=500(F/A, 12%/12,6) where FW = Future Worth b) FW=500(P/A,12%/12,6)(F/P, 12%/12,12) c) FW=500(6)(F/P,12%/12, 12) d) FW=[500+500(P/A, 12%/12,5)](F/P,12%/12,12) 0-0-0 B. Problems and Questions The Superior Wheat Company is analyzing the replacement of an aging crop harvester. The key parameters of the three harvesters under scrutiny are provided below. Parameters Case IH John Deere 1. Initial Cost ($) $330,000 355,000 375,000 $225,000 at EOY1 increasing by 2% annually to EOY5 $260,000 at $250,000 at EOY1 inclusively; EOY1 2. Revenues ($) decreasing by 1% revenues in increasing by annually EOY5 1% annually thereafter subsequently thereafter. increase annually by 1% to EOY10. $190,000 from $140,000 at EOY1 $163,500 at EOY1 to EOY5 3. Operating costs increasing by 3% EOY1 increasing inclusively; by $500 annually annually ($) $200,000 from thereafter. thereafter EOY6 to EOY10. 4. End-of-life salvage value $30,000 20,000 5. Useful life (years) 5 years 10 years 10 years All parameter values are fictitious. EOY = End-of-year Industry Standard = 6 years MARR = 10% John Deere's Net Future Worth (NFW) after 10 years (rounded to the nearest $100) is a) $193,900; b) $232,100; c) $260,100; d) $277,600 Case's Net Future Worth (NFW) after 5 years (rounded to the nearest $100) is a) $88,300; b) $95,000; c) $98,600; d) $106,400. IH's NPW (rounded to the nearest $100) is a) $102,900; b) $108,500; c) $113,000; d) $119,500. 4. IH's Annual Equivalent Worth (AEW) (rounded to the nearest $100) is a) $9,300; b) $12,100; c) $14,400; d) $16,700. John Deere's Annual Equivalent Worth (AEW) (rounded to the nearest $100) over 20 years it was repeated) is a) $16,300; b) $17,800; c) $19,400; d) $21,600. The best harvester based on the Net Present Worth (NPW) method is a) Case; b) IH; c) John Deere. The best harvester based on the Annual Equivalent Worth (AEW) method is a) Case; b) IH; c) John Deere. Based on the simple payback method, IH's recovery period (to the nearest half or full year) is a) 3.5 years; b) 4.0; c) 4.5; d) 5.0. Based on the simple payback method, IH's project balance after 2 years (rounded to the nearest $100) is a) $-232,500; b) $-228,000; c) $-112,900; d) $32,500. 10. Based on the discounted payback method, Case's recovery period (to the nearest half or full year) is a) 3.5 years; b) 4.0; c) 5.0; d) 5.5 11. Based on the discounted payback method, Case's project balance after 2 years (rounded to the nearest $100) is a) $-188,900; b) $-175,000; c) $-155,900; d) $55,500. 12. Based on the discounted payback method, IH's project balance after 2 years (rounded to the nearest $100) is a) $-296,400; b) $-284,600; c) $-196,900; d) $-88,200. 13. The best (valid) harvester based on the Simple Payback method is a) Case; b) IH; c) John Deere; d) None of the harvesters is valid. The best harvester based on the Discounted Payback method is a) Case; b) IH; c) John Deere; d) None of the harvesters is valid. Case's benefit/cost (B/C) ratio (second decimal; no rounding) is a) 0.98; b) 1.02; c) 1.06; d) 1.10 John Deere's benefit/cost (B/C) ratio (second decimal; no rounding) is a) 0.99; b) 1.06; c) 1.09; d) 1.11. 17. The incremental B/C ratio (second decimal; no rounding) between Case and IH is a) 0.75; b) 0.82; c) 0.97; d) 1.02. 18. The incremental B/C ratio (second decimal; no rounding) between IH and John Deere is a) 0.94; b) 0.98; c) 1.01; d) 1.05. 19. The best (valid) harvester based on the Benefit/Cost (B/C) ratio (use as many decimals as required) is a) Case; b) IH; c) John Deere. 20. Case Case's Internal Rate of Return (IRR) (second decimal; no rounding) is a) 16.85%; b) 18.89%; c) 20.67%; d) 22.89%. John Deere's Internal Rate of Return (IRR) (second decimal; no rounding) is a) 11.54%; b) 12.89%; c) 14.65%; d) 15.65%. The incremental Internal Rate of Return (AIRR) between Case and John Deere (second decimal; no rounding) is a) 9.25%; b) 11.30%; c) 12.90%; d) 13.45%. IH's External Rate of Return (ERR) (second decimal; no rounding) is a) 12.83%; b) 13.30%; c) 15.80%; d) 16.47% John Deere's External Rate of Return (ERR) (second decimal; no rounding) is a) 9.15%; b) 10.30%; c) 11.46%; d) 12.63%. 25. The incremental External Rate of Return (AERR) between Case and John Deere (second decimal; no rounding) is a) 10.28%; b) 11.38%; c) 11.96%; d) 12.32%. 26. The incremental External Rate of Return (AERR) between IH and John Deere (second decimal; no rounding) is a) 7.98%; b) 8.86%; c) 9.04%; d) 9.46%. 27. The best (valid) harvester based on the External Rate of Return (ERR) method (use as many decimals as required) is a) Case; b) IH; c) John Deere. 28. With the discounted payback method, MARR and a project's recovery period are positively correlated. a) Yes; b) No; c) Depends on MARR's value (%); d) Depends on the project's recovery period. 29. If the company's current harvester budget is $750,000, which harvester (s) should it purchase assuming that harvesters are independent investments? a) Case, IH and John Deere; b) IH only; c) Case and IH; d) IH and John Deere. 30. If the company prefers to purchase two harvesters instead of one in 2020 (that is, one in the first half of 2020 and the other in the second half of 2020), which harvester in Question 29 should it purchase in the first half of 2020? a) Case; b) IH; c) John Deere; d) Both harvesters should be purchased at the same time. 31. Zorro plans to make six consecutive monthly deposits of $500 in calendar year 2020 beginning on January 1 to a savings account that pays 12% interest compounded monthly. Which of the following answers would provide Zorro's account balance on December 31, 2020? a) FW=500(F/A, 12%/12,6) where FW = Future Worth b) FW=500(P/A,12%/12,6)(F/P, 12%/12,12) c) FW=500(6)(F/P,12%/12, 12) d) FW=[500+500(P/A, 12%/12,5)](F/P,12%/12,12) 0-0-0