1 answer

Industrial Electric Services has a contract with an embassy in Mexico to provide maintenance for scanners...

Question:

Industrial Electric Services has a contract with an embassy in Mexico to provide maintenance for scanners and other devices i
Industrial Electric Services has a contract with an embassy in Mexico to provide maintenance for scanners and other devices in the building. What is the present worth of the contract (in year O) if the company will receive a total of nine $18,000 payments beginning in year 2 and ending in year 10 and the interest rate is 13% per year. The present worth of the contract for the company is $0 .

Answers

R = 13%

Annual revenue from year 2 to year 10 = $18000

So,

PW of the contract = (18000*(1-1/1.13^9)/.13)*(1/1.13)

PW of the contract = $81743.18 or $81743

.

Similar Solved Questions

1 answer
THE ANSWER IS 750 REV, I keep getting it wrong please show me the correct way...
THE ANSWER IS 750 REV, I keep getting it wrong please show me the correct way to do it. 7. • A person walks into a room and switches on the ceiling fan. The fan accelerates with constant angular acceleration for 15 s until it reaches its operating angular speed of 1.9 rotations/s-after that its...
1 answer
1. Using the definition of Internal Control, discuss what is understood by the term ‘Internal Control’....
1. Using the definition of Internal Control, discuss what is understood by the term ‘Internal Control’. What are management’s and internal auditor’s responsibilities with respect to internal controls? What are suitable examples. 2. COSO Internal Control Framework is organized...
1 answer
Question 10 (2.5 points) Between 1918-1919, about 20-40 million people died from Influenza worldwide This is...
Question 10 (2.5 points) Between 1918-1919, about 20-40 million people died from Influenza worldwide This is an example of: O Endemic Pandemic Epidemic O Outbreak Question 11 (2.5 points) A correlation coefficient r=-0.9 between physical activity and weight means as physical activity increases, weig...
1 answer
Think of your own original example of how a business could use the normal distribution to...
Think of your own original example of how a business could use the normal distribution to determine probability. How would this help the business make decisions? Please be detailed....
1 answer
1. Given the following set of cash flows for a project, calculate the NPV, PI, IRR,...
1. Given the following set of cash flows for a project, calculate the NPV, PI, IRR, MIRR, Payback, Discounted Payback and Accounting Rate of Return. Assume a cost of capital of 10%. Assuming that this is an independent project, should the project be accepted? Why or why not? (20 pts.) Year &nb...
1 answer
Suppose you have $36,000 to invest. You're considering Miller-Moore Equine Enterprises (MMEE), which is currently selli...
Suppose you have $36,000 to invest. You're considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $80 per share. You notice that a put option with a $80 strike is available with a premium of $3.00. Calculate your percentage return on the put option for the six-month h...
1 answer
A capacitor consists of two closely spaced metal conductors of large area separated by a thin...
A capacitor consists of two closely spaced metal conductors of large area separated by a thin insulating foil. It has an electrical capacity of 3600.0 uF and stored in the capatcerotia difference of 66.0 V. Calculate the amount of energy 7.84 J You are correct. Previous Tries Calculate the charge on...
1 answer
Need help with B and c MY NOTES PRACTICE ANOTHER Consider the following observations on a...
need help with B and c MY NOTES PRACTICE ANOTHER Consider the following observations on a receptor binding measure (adjusted distribution volume) for a sample of 13 healthy individuals: 24, 38, 40, 41, 43, 48, 51, 58, 63, 67, 68, 70, 72. (a) Is it plausible that the population distribution from whic...
1 answer
B) mas A model for the isometric response of a muscle, including mass m, is shown in the Figure b...
b) mas A model for the isometric response of a muscle, including mass m, is shown in the Figure below. Determine the equation of motion for the muscle's mass element when the active muscle unit (AMU) generates a constant tensile force Fo. (Show all work. Do not solve the equation.) (8) the equat...
1 answer
Competitive markets produce equilibrium prices and quantities that maximize the sum of consumer and producer surpluses....
Competitive markets produce equilibrium prices and quantities that maximize the sum of consumer and producer surpluses. Group of answer choices FALSE TRUE...
1 answer
4 (15) A random sample of 100 student absences yielded the following data on the days of the week of which the absences...
4 (15) A random sample of 100 student absences yielded the following data on the days of the week of which the absences occurred: Monday Tuesday Wednesday Thursday Friday 19 13 Day Observed Frequency 27 26 15 Test the hypothesis that an absence is equally likely to oceur on any of the five days. Wha...
1 answer
Please help with the task. Laro TANGIBLE FIXED ASSETS「IN USE Exercise 1 The ABC Company has...
Please help with the task. Laro TANGIBLE FIXED ASSETS「IN USE Exercise 1 The ABC Company has made the following transactions: 1) the manufacturing machinery purchased; payment agreed to next month; value of assets: 40.000 EUR; the company plans to finance this transaction with the use of bank ...
1 answer
Hurst, Incorporated sold its 8% bonds with a maturity value of $8,000,000 on August 1, 2016...
Hurst, Incorporated sold its 8% bonds with a maturity value of $8,000,000 on August 1, 2016 for $7,838,000. At the time of the sale the bonds had 5 years until they reached maturity. Interest on the bonds is payable semiannually on August 1 and February 1. The bonds are callable at 104 at any time a...
1 answer
Please answer the following question in 375 word count in YOUR OWN words and please use...
Please answer the following question in 375 word count in YOUR OWN words and please use references t to support your question. You have been hired as an outside consultant for a large durable medical equipment and medical supply company. The company specializes in a wide range of medical supplies an...
1 answer
What mass of water would you need to have 15.0 moles of #H_2O#?
What mass of water would you need to have 15.0 moles of #H_2O#?...
1 answer
Between #"BMe"_3# & #"SiMe"4# which is more lewis acid? Explain
Between #"BMe"_3# & #"SiMe"4# which is more lewis acid? Explain...