Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1- Operating costs for a certain process have been increasing uniformly for 5 ye

ID: 1101826 • Letter: 1

Question

1- Operating costs for a certain process have been increasing uniformly for 5 years. If the cost in year 1 was $5000 and it increased by 5% per year through year 5, the present worth of the costs at an interest rate of 5% per year is equal to?

2- An invesment of $100,000 resulted in an income of $25,000 per year for 10 years. The rate of return of the invesment was?

3- What is the payback period of the following investment when i=0%, Initial cost of $1000, Annual cost of $100, Annual income of $300, Salvage value at year 4 of $500?

4- find the closet value of the present worth of the following cash flow. Some are expressed as constant value (CV) dollars, and others are inflated dollars. Assume a real interest rate of 8% year and inflation rate of 6% per year.

Year 1 2 3

Cash flow ($) 3000 6000 8000

Stated as CV INFLATED INFLATED

5- An asset was bought for $100,000. If the asset has an estimated life of 3 years and double declining balance depreciation method is utilized, the book value of the asset at the end of year 2 is?

Explanation / Answer

1) ANswer = $ 23,809.52

A2) 21.4065%

A3) 3.57 years

A4)

A5) $ 44,444,44

Rate of return r 5.00% Formula Case -> A Cash flow PV of Cash flow Year Cash flow PV of cash flow A A/(1+r)^0 0 $                -   B B/(1+r)^1 1 -5,000 $      (4,761.90) C C/(1+r)^2 2 -5,250 $      (4,761.90) D D/(1+r)^3 3 -5,513 $      (4,761.90) E E/(1+r)^4 4 -5,788 $      (4,761.90) F F/(1+r)^5 5 -6,078 $      (4,761.90) PW Sum of above PVs of cash flow PW of costs = Answer = $(23,809.5238)