Question
Need some help i have uploaded all the information available to solve this problem Josh Ritchey has just been hired as a cost engineer by
Need some help i have uploaded all the information available to solve this problem
Josh Ritchey has just been hired as a cost engineer by a large airlines company. Josh's first idea is to quit giving complimentary cocktails, wine, and beer to the international flying public. He calculates this will save drinks per year, and each drink costs $0.50, for a total of S2_7 million per year. Instead of complimentary drinks, Josh estimates that the airlines company can sell 2 200,000 drinks at $4 50 per drink. The net savings would amount to $126 million per yearl Josh's boss really likes the idea and agrees to give Josh a lumpsum bonus now equaling 0.09% of the present equivalent worth of three years of net savings. If the company's MARR 20% per year; what IS Josh's bonus? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 20% per year. Josh's bonus is (Round to the nearest dollar) O More Info Discrete Compounding ; i-20% Uniform Series Single Payment Compound 2 3 4 5 Amount Factor To Find F Given P 1 2000 1 _4400 1.7280 20736 24883 Present Worth Factor To Find P Given F 0 8333 0 6944 0 5787 0 4823 0 4019 Compound Amount Factor To Find F Given A FIA 1 _oooo 2 2000 3_6400 53680 7_4416 Present Worth Factor To Find P Given A PIA 0 8333 1 5278 2.1065 2 5887 29906 Sinking Fund Factor To Find A Given F 1 .oooo 0.4545 0.2747 0.1863 0.1344 Capital Recovery Factor To Find A Given P Alp 1 2000 0.6545 0.4747 0.3863 0.3344 print Done
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