Determine the amount at time equivalent to the cost

Assignment Help Business Economics

Reference no: EM13145444

A machine at a cost of $5000 was purchased 3 years ago. It can be sold now for $3000. If the machine is kept, the annual operating and maintenance costs will be $1500. If it is kept and operated for the next five years, determine the amount at time 0(now) equivalent to the cost of owning and operating the machine for the next five year period. It is anticipated that the machine can be sold for $1000 at the end of the five year period. Use an interest rate of 10%.

Reference no: EM13145444

Questions Cloud

Explain how event causes the bond market to move : Explain how event causes the bond market to move from initial equilibrium, E1, to final equilibrium, E2. (3) What happens to bond prices and interest rates in going from E1 to E2?

What is the light intensity at the surface : What is the light intensity at the surface of the lake on the day of the experiment and at what depth will the light intensity be half of the intensity at the surface?

Compute the heat evolved from a mixture : Calculate the heat evolved from a mixture of 14.6 L of sulfur dioxide at 1 atm and 294 K and 15 g of oxygen if the following reaction occurs: 2 SO2(g) + O2(g) ?? 2 SO3(g) ?H? = ?198 kJ

What mass of mg(oh)2 did the tablet contain : An antacid tablet containing magnesium hydroxide as an active ingredient requires 22.6 mL of 0.597 M HCl for complete neutralization. What mass of Mg(OH)2 did the tablet contain?

Determine the amount at time equivalent to the cost : determine the amount at time 0(now) equivalent to the cost of owning and operating the machine for the next five year period. It is anticipated that the machine can be sold for $1000 at the end of the five year period. Use an interest rate of 10%.

Residential department using the direct method : What are the total costs for the Residential department using the direct method?

Explain how many moles are present of an ideal gas : how many moles are present of an ideal gas at the following conditions: 1.0 atm, 25.0 C, and occupying 22.4 L, The Lewis structure for PF3 shows that the central phosphorus atom has _______ nonbonding and

In what types of biological pathways is nad usually used in : What does the cell use NAD+ and NADP+ for? What is the difference between the two? In what types of biological pathways is NAD usually used in? NADP?

How many moles of nahco3 are necessary : How many moles of NaHCO3 and CH3COONa are necessary to produce 425 mL of CO2?

User Account

All Pages