QUESTION 39 You are a general manager of a small company. Assume that your business has the opportunity to invest in a piece of equipment, replacing an older machine that will save you 510,000 each year for the next 5 years. The interest rate for all investments in the company is 99. The owner of your company has offered to give you a lump sum today to keep the older piece of equipment because it is a family heirloom, and has been in the business since the inception of the company You need to figure out how much would the owner have to give you in order to make it worth your while. Are you calculating a future value or a present value? O future value O present value 2 points Save Answer QUESTION 40 You are a general manager of a small company. Assume that your business has the opportunity to invest in a piece of equipment, replacing an older machine that will save you $10,000 each year for the next 5 years. The interest rate for all investments in the company is 996. The owner of your company has offered to give you a lump sum today to keep the older plece of equipment because it is a family heirloom, and has been in the business since the inception of the company, You need to figure out how much would the owner have to give you in order to make it worth your while, Which EXCEL equation would give you the answer that you need? FV1.09.5.0-10000) OFV1.09.5-10000.0) PV1.09.5.0-10000) PV1.09.5-10000,0) 2 points Save Answer QUESTION 41 You are a general manager of a small company, Assume that your business has the opportunity to invest in a piece of equipment, replacing an older machine that will save you $10,000 each year for the next 5 years. The interest rate for all investments in the company is 99. The owner of your company has offered to give you a lump sum today to keep the older piece of equipment because it is a family heirloom and has been in the business since the inception of the company You need to figure out how much would the owner have to give you in order to make it worth your while. Would the dollar amount calculated be lower or higher than $50,000? higher lower 1 points Save