1

Your rental agreement requires you to pay an initial $3500 deposit and then $2500 per month...

Question

Your rental agreement requires you to pay an initial $3500 deposit and then $2500 per month...

Your rental agreement requires you to pay an initial $3500 deposit and then $2500 per month which increases by 3% each year.

Your rental agreement requires you to pay an initial $3500 deposit and then $2500 per month which increases by 3% each year. Your planning horizon is 15 years and your time value of money is 6% per year. Find the present value of the above.

Answers

IN 10 P Q R Year Cash Flow PVF @6% PV 1 $ 3,500 11 $ 3,500.00 1 $ 2,500 0.943 $ 2,358.49 21 $ 2,575 0.890 $ 2.291.74 3 $ 2,65


Similar Solved Questions

1 answers
Bridgeport Corporation and Flint Corporation, two companies of roughly the same size, are both involved in...
Bridgeport Corporation and Flint Corporation, two companies of roughly the same size, are both involved in the manufacture of shoe-tracing devices. Each company depreciates its plant assets using the straight-line approach. An investigation of their financial statements reveals the information shown...
1 answers
In your own words, describe and discuss the three most important legal issues in human resources...
In your own words, describe and discuss the three most important legal issues in human resources management. What will you do as a manager about to deal with these three important issues? (150 words minimum). Grade will be based on length of response, extent to which the question was answered effect...
1 answers
Profit Margin, Investment Turnover, and return on investment The condensed income statement for the Consumer Products...
Profit Margin, Investment Turnover, and return on investment The condensed income statement for the Consumer Products Division of Fargo Industries Inc. is as follows (assuming no service department charges): Sales $1,992,000 Cost of goods sold 896,400 Gross profit $1,095,600 Administrative ...
1 answers
Shelly, a 27-year-old “call girl” has had rapidly deteriorating health recently. She is experiencing malaise, persistent...
Shelly, a 27-year-old “call girl” has had rapidly deteriorating health recently. She is experiencing malaise, persistent mild fever and hair loss. She recently recovered from what she thought was some sort of allergic reaction. She experienced a generalized skin rash of varying appearanc...
1 answers
How many liters of chlorine gas at 25 C and 0.950 atm can be produced by...
How many liters of chlorine gas at 25 C and 0.950 atm can be produced by the reaction of 0.0460 mol of MnO2 with 0.284 mol HCL according to the following chemical equation? Show all steps. MnO2+4HCL = MnCl2+2H2O+ Cl2...
1 answers
RTILLİpoints.coch)Pleasesiwwalluusrwwrk I. Write a complete ionic and net-ionic equation for the following reaction. CuCl(aq)+ Pb(s) hat...
RTILLİpoints.coch)Pleasesiwwalluusrwwrk I. Write a complete ionic and net-ionic equation for the following reaction. CuCl(aq)+ Pb(s) hat volume( ml) of 0.1 15 M HCIO. solution is required to neutralize 50.00 ml of 0.0875 M b) A solution conta Ca(OH)2? ins 3.2 g NaOH (MW -40) in 20.0 ml of solut...
1 answers
What are some patient safety issues when using a temporary agency nurse?
What are some patient safety issues when using a temporary agency nurse?...
1 answers
What are some quotes from "The Five People You Meet In Heaven" about death, living, and peace?
What are some quotes from "The Five People You Meet In Heaven" about death, living, and peace?...
1 answers
A grain of sand has a mass of approximately .00000003 grams. How would this number be expressed in scientific notation?
A grain of sand has a mass of approximately .00000003 grams. How would this number be expressed in scientific notation?...
1 answers
Find equations for the tangent plane and the normal line at point Po(Xo Yo.20) (5.2.0) on...
Find equations for the tangent plane and the normal line at point Po(Xo Yo.20) (5.2.0) on the surface - 8 cos (x) + 4x+y + 5 + 3y2 = 213 The equation for the tangent plane is 80x + 100y + 312 - 600 = 0 Find the equations for the normal line. Let x = 5 + 80t. x= y = (Type expressions using t as the v...
1 answers
Perform load tracing for this truss. Show all math and steps involved. Stuck, please help! Edit:...
Perform load tracing for this truss. Show all math and steps involved. Stuck, please help! Edit: Value of load at point D is not given. Thought it was, but was mistaken 15'6" _LA 102' - 72 Perform Load Tracing for this truss. Show all math & Steps involved....
1 answers
Cumulative Pr 51. Lance H. and Wanda B. Dean are married and live at 431 Yucca...
Cumulative Pr 51. Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NNM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a paralegal for a law firm. Ta During 2018, the Deans had the following receipts: Sa...
1 answers
1. BonitaCorp. issues 2800 shares of $10 par value common stock at $15 per share. When...
1. BonitaCorp. issues 2800 shares of $10 par value common stock at $15 per share. When the transaction is recorded, credits are made to Common Stock $28000 and Retained Earnings $14000. Common Stock $28000 and Paid-in Capital in Excess of Par $14000. 2. VaughnCompany is authorized to i...
1 answers
Special Order Total cost data follow for Glendale Manufacturing Company, which has a normal capacity per...
Special Order Total cost data follow for Glendale Manufacturing Company, which has a normal capacity per period of 8,000 units of product that sell for $60 each. For the foreseeable future, regular sales volume should continue to equal normal capacity. Direct material $102,400 Direct labor ...
1 answers
B) A weir of 6 m long is to be built across a rectangular channel to...
B) A weir of 6 m long is to be built across a rectangular channel to discharge a flow of 7.5 m3/sec. If the maximum depth of water on the upstream side of weir is to be 1.5 m, what should be the height of the weir? Adopt Cd = 0.6....
1 answers
1. (1 point)Please state if the following equations are exact or not:
1. (1 point)Please state if the following equations are exact or not:...
1 answers
Ty Label the specific bony features of the skull in inferior view. Formen ovale Foramen magnum...
ty Label the specific bony features of the skull in inferior view. Formen ovale Foramen magnum Foramen spinosum Lateral plerygoid plate Choana External occipital protuberance Jugular foramen Medial pterygoid plate < Prev 17 of 69 Next > search...
1 answers
"during the opening sequences of " the day the earth stood still " the alein craft orbits the earth at 6437.376 kph
"during the opening sequences of " the day the earth stood still " the alein craft orbits the earth at 6437.376 kph. If the spaceship is flying 1.25km above the surface area of the earth , a) find the distances travelled to make a single orbit of the earth . b) the time it takes to compl...

-- 0.010400--