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Part B: Program Information Create an application containing an array that stores 10 prices, such as $2.34, $7.89, $1.34, and so on. Program Calculations:
Part B: Program Information Create an application containing an array that stores 10 prices, such as $2.34, $7.89, $1.34, and so on. Program Calculations: The application should: 1. Display the sum of all the prices. 2. Display all values less than $5.00. 3. Calculate the average of the prices. 4. Display all values that are higher than the calculated average value. Deliverables: Take a snippet of your code and submit it below: 3. A firm is considering a capital investment project that has the following costs: Capital Cost of $100,000; Operations and Maintenance Cost $10,000 per year. The expected savings are $50,000 per year. The life of the equipment is 4 years. Salvage value is 0. Interest Rate is 5%. Compute: a. Payback Period b. Internal Rate of Return (IRR) C. If the company's threshold for return for project acceptance is 15%, will this project be accepted? For determining IRR and Payback Period, use either interpolation method or iterative calculations (takes longer) and show your steps. Programmed calculation from the calculator will be given only partial credit.
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