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Sam is buying a refrigerator. He has two choices. A used one, at $425, should last him about three years. A new one, at $1225, would likely last eight years. Both have a scrap value of zero. Use an IRR analysis to determine which of the two alternatives is best. The MARR is 8 percent. Use the repeated live d lives method to deal with the unequal service lives of the two alternatives. Considering the alternatives in the order of lowest first cost, the best option is which has an incremental rate of return of %. (Type an integer or decimal rounded to two decimal places as needed. Use an approximate ERR if the IRR cannot be used.)
Suppose it takes a total of 100 hours to produce a car (mathematically speaking, this means one hour of work “produces 0.01 cars”). If the average wage in car making is $50 per hour, and each car needs $1,000 worth of inputs other than labor, What is..
What is the probability that a randomly chosen applicant has a graduate degree, given that they are female?
Consider a borrower that is approved for a standard 10-year, fully amortizing house mortgage with an original balance of $500,000 and a note rate
q. 1. suppose at columbia university grade point average gpa and sat scores are related by the conditional expectation
Explain why it would generally not be considered wise economic policy for a government to attempt to achieve a balanced budget every year.
Firms have excess capacity in the long run under: The firm that uses a price taker is: In the long run, which type of firm may follow "price leadership"? Under perfect competition, in the long run, firms:
Verify that your answer is consistent with the implied probability of default being approximately proportional to 1/((1 -R) where R is the recovery rate.
Assume that the distribution of the ages is bell shaped symmetric. what pourcentage of the sample had ages between 37 and 53
Ms. Fogg is planning an around-the-world trip on which she plans to spend $10,000. Her utility from the trip is a function of how much she actually spends on it (Y), given by: uppose that people who buy insurance tend to become more careless with the..
Suppose that market price of diesel fuel falls from $5 to $3 per gallon and afterwards weekly quantity demanded for gas decreases from 18 to 16 gallons per week. Calculate cross-price elasticity of demand for gas and interpret the result.
Jill plants flowers in her yard to supply a local florist. Her neighbor enjoys the flowers. Therefore: Question 3 options: Jill should stop planting flowers because her neighbor does not pay for the benefit he gets. Jill should not plant flowers beca..
Thriving service industry that contributes to 70% of the GDP of Singapore. It best utilizes the pro-business environmental policy of the government that encourages investment in different sectors with attractive incentives. Location advantage. Singap..
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