What is the present worth of the savings over 10-years

Reference no: EM13209350

A concept car that will get 100 miles per gallon and carry 4 persons would have a carbon-fiber and aluminum composite frame with 900 cc three cylinder turbodiesel / electric hybrid power plant. The extra cost of these technologies is estimated to be $11,000. If gasoline savings over a comparable conventional car would be $900 in year 1 , increasing by 10% each year , what is the present worth of the savings over a 10-year period at an interest rate of 8% per year ?

Reference no: EM13209350

Questions Cloud

What is the equilibrium interest rate in moola : Is there either a recessionary output gap (negative GDP gap) or an inflationary output gap (positive GDP gap) at the equilibrium interest rate and, if either, what is the amount There is a recessionary output OR gap inflationary output gap of $.

Explain what is the vapor pressure of the benzene in torr : Assuming that the gas becomes saturated with benzene vapor and that the total gas volume and temperature remain constant, what is the vapor pressure of the benzene in torr

Explain what temperaure would the two lines intersect : Determine the volume of the sample. (b) Plot the data. Now suppose you add another 5.00 mol of gas molecules into the same volume.

Type of bonding are electrons shared between two atoms : In what type of bonding are electrons shared between two atoms? Which of the following igneous intrusions is tabular and cuts across bedding?

What is the present worth of the savings over 10-years : A concept car that will get 100 miles per gallon and carry 4 persons would have a carbon-fiber and aluminum composite frame with 900 cc three cylinder turbodiesel / electric hybrid power plant. The extra cost of these technologies is estimated to ..

What would happen if we relax the ceteris paribus assumption : Other things being equal, a rise in a country's terms of trade increases its welfare. What would happen if we relax the ceteris paribus assumption, and allow for the law of demand to operate internationally.

Acts resulting in injury would be negligence per se : Which of the following acts resulting in injury would be negligence per se?

Determine the international price of bananas : Work out the effects of the following changes on 1. International price of bananas 2. Output of both goods in both countries.(Show the changes in world relative supply and demand curves and the PPF of each country).

Explain the synthesis of diphenylacetylene : During the synthesis of diphenylacetylene, why is it more difficult to remove KBr for the second time

User Account

All Pages