Which best refrigerator should you purchase

Assignment Help Business Economics

Reference no: EM1356976

model sells for $500 and will save you $25 at the end of each of the next five years in electricity costs. The standard model has features similar to the energy efficient model but provides no future saving in electricity costs. It is priced at only $400. Assuming your opportunity cost of funds is 5 percent, which refrigerator should you purchase?

Reference no: EM1356976

Questions Cloud

Make an amortization schedule : On January 1, Year 1, a company issued $200,000 bonds and received $210,483 from investors. The stated rate of interest is 10% and the market rate of interest is 8 percent.

What is the change of momentum of the ball : A 4.1kg bucket of water is raised from a well by a rope. If the upward acceleration of the bucket is 3.3m/s2, find the force exerted by the rope on the bucket.

Show workers compensation law : Summarize the worker's compensation laws in the state of Illinois - Worker's Compensation Law

Co-morbidity of post-traumatic stress disorder : Do you believe that co-morbidity of post-traumatic stress disorder (PTSD) and substance use disorder (SUD) result in higher rates of homelessness for veterans and non-veterans?

Which best refrigerator should you purchase : It is priced at only $400. Assuming your opportunity cost of funds is 5 percent, which refrigerator should you purchase.

Prepare journal entry to record sale of lathe : Howarth Manufacturing Company purchased a lathe on June 30, 2007, at a cost of $80,000. Prepare the journal entry to record the sale.

What is the speed of the electron : What least horsepower must a motor have to be able to drag a 320 box along a level floor at a speed of 1.10 if the coefficient of friction is 0.50.

Communication research project thesis : Communication research project thesis - Prepare a one page, APA formatted paper introducing the topic for your final communication research project.

Differences in book basis versus tax basis : The differences between the book basis and tax basis of the assets and liabilities at the end of 2008 are as follows: What is the journal entry to record income tax expense, deferred income taxes, and income tax payable for 2008?

User Account

All Pages