FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your friend has suggested on you to invest 22000 USD in his project. it is expected that you will earn 5000 USD/year for the first,

Your friend has suggested on you to invest 22000 USD in his project. it is expected that you will earn 5000 USD/year for the first, second, third and fourth year, and 10,000 USD for the fifth year (The prevailing interest in the bank is 5.25%) - Analyze this project, if you should or should not accept.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Microeconomics

Authors: Paul Krugman, Robin Wells

5th edition

1319098780, 1319098789, 978-1319098780

More Books

Students also viewed these Economics questions

Question

★★★★★
If the minimum wage raises the market wage, w, but hours worked, L, fall as a result, total wage payments, wL, may rise or fall. Use supply and demand curves to show that either outcome is possible...

Answered: 1 week ago

Question

★★★★★
You are involved in the audit of accounts receivable, which represent a significant portion of the assets of a large retail corporation. Your audit plan requires the use of the computer, but you...

Answered: 1 week ago

Question

★★★★★
=+42. Monthly gas prices. We have seen that gas prices can fluctuate. But during some periods they have moved consistently. Here are the data extracted for one week of each month from January 2002 to...

Answered: 1 week ago

Question

★★★★★
Calloway Cab Company determines its break-even strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $450,000, but 5 percent of this value is represented by...

Answered: 1 week ago

Question

★★★★★
The function of a governor is to keep the engine speed uniform at all load conditions._ ACorrect BIncorrect

Answered: 1 week ago

Question

★★★★★
[-/12.5 Points] DETAILS SCALCETOM 14.7.062. Find an equation of the plane that passes through the point (1, 5, 6) and cuts off the smallest volume in the first octant. Need Help? Read It Submit

Answered: 1 week ago

Question

★★★★★
The diagram shows two finite solenoids with their symmetry axes aligned. The arrows indicate the current direction on the part of the solenoid above the page. VVVV 12. Draw the magnetic field for...

Answered: 1 week ago

Question

★★★★★
Using funds obtained through taxes on certain businesses, Superfund a. reimburses polluters who correct environmental violations. Ob. all of the choices. O c. pays for the clean up of hazardous waste...

Answered: 1 week ago

Question

★★★★★
On February 28, 2022, FDA approved the biological drug CARVYKTI (ciltacabtagene autoleucel) for the treatment of adult patients with relapsed or refractory multiple myeloma after four or more prior...

Answered: 1 week ago

Question

★★★★★
What is the equation of the given hyperbola? (2, 2) (-2, 2) (6, 2) (6, 1) X

Answered: 1 week ago

Question

★★★★★
TO DO R 2. Each of the forces here forms a couple. Calculate the Torque ("Moment") from the couple. dl-distance between gorces GN GN Y=fall =8+103) N-(for 3) re Couple =3.2x103 NM 1+4+3=8' 20bb 20 lb...

Answered: 1 week ago

Question

★★★★★
Find the points of horizontal tangency (if any) to the curve r =1+sin(theta) .

Answered: 1 week ago

Question

★★★★★
6. How can a message directly influence the interpreter?

Answered: 1 week ago

Question

★★★★★
1. Discuss the following statements: (a) The dangers of mountain driving in an old Lada 4 4, and safety concerns. (b) We perceive the world backwards. (c) Numbers are different from words, but they...

Answered: 1 week ago

Question

★★★★★
5. How can a sender (utterer) directly influence the interpreter (receiver)?

Answered: 1 week ago

Previous Question Next Question