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Question 17 (6 points) VT, Inc., is a small company that uses ultra-Wideband technology to develop devices that can detect objects including people) inside buildings,
Question 17 (6 points) "VT, Inc., is a small company that uses ultra-Wideband technology to develop devices that can detect objects including people) inside buildings, behind walls, or below ground. The company expects to spend $175,000 per year before a product can be marketed. At a compound interest rate of 12% per year, what is the total equivalent future amount of the company's expenses at the end of 5 years? (All the alternatives presented below were calculated using compound interest factor tables including all decimal places) $1,111,740 5630,840 $1,026,655 $875,000 Question 18 (6 points) **The Present Value (value in year 0) of MT Company's cash flows listed below at a compound interest rate of 10% per year is: Year Cash Flow ($1 0 0 0 +750 +750 750 +750 Comments: Before starting calculations, make sure you can see all the cash flows in the table from year 0 to 6. All the answers listed were calculated based on compound interest factor tables. $1,786 $2.377 $3.480 $1,965
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