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Please answer it as soon as possible. Engineers and scientists have made major strides in recent years in improving energy storage devices. For example, many
Please answer it as soon as possible.
Engineers and scientists have made major strides in recent years in improving energy storage devices. For example, many companies
are investing in new technology, producing and selling batteries for myriad uses. One such company is selling a mixture of batteries
with different sizes, shapes, capacities, technologies, and terminations, through thousands of independent distributors. Incomes of
$ per year flow to the company. Their hurdle rate on investments is compounded continuously.
Part a
What is their effective annual rate of interest if compounding is continuous?
Round your answer to decimal places. The tolerance is
Attempts: of used
Part b
What is their uniform annual equivalent income if cash flows are treated as occurring endofyear?
Click here to access the TVM Factor Table Calculator.
$
million
Carry all interim calculations to decimal places and then round your final answer to decimal places. The tolerance is
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