A manufacturer can lease a machine for 6 years at $2,680 per quarter, payable at the beginning of each quarter. Alternatively, they can purchase the machine for $60,000 and sell it for $5,900 in 6 years. The cost of capital is 7.3% compounded annually. What is the present value of the cost: (enter a positive value accurate to the nearest dollar)

Answers

Answer 1

We must compare the current values of both choices in order to determine which is more cost-effective. The present value of the lease installments will be calculated using the formula for the present value of an annuity, and the buy and repurchase will be calculated using the formula for the present value of a lump amount.

Option 1: Rent the equipment

For a period of six years, or 24 quarters, the lease payments are $2,680 each. The quarterly discount rate is 7.3% multiplied yearly, with the cost of capital being 7.3%.

r = (1 + 0.073)^(1/4) - 1 = 0.017424

The present worth of the lease money is calculated using the following formula:

PV is equal to PMT * ((1 - (1 + r)-n) / r).

where n is the number of quarters, r is the quarterly discount rate, PMT is the quarterly payout, and PV is the current value.

PV = 2680 * ((1 - (1 + 0.017424)^-24) / 0.017424)

PV = $49,869

Option 2: Buying and Reselling

The machine costs $60,000 to buy, and its resale value after 6 years is $5,900. The present value of this choice, calculated using the method for the present value of a lump sum, is:

PV is equal to (FV / (1 plus r)n)- PV.

where n is the number of years, r is the annual discount rate, and PV is the present value. FV is the future value.

We will use the same quarterly discount rate as before, multiplied for 24 quarters, to determine the present worth of the resale value in today's dollars:

r = (1 + 0.073)^(1/4) - 1 = 0.017424

4 quarters in a year times 24 quarters equals 6 years.

PV = (5900 / (1 + 0.017424)^6) - 60000

PV = $35,696

Analyzing the Alternatives:

The lease installments are worth $49,869 in present value, and the buy and resale are worth $35,696 in current value. Consequently, the renting choice is more economical.

The contract choice will cost $49,869 in today's money. Consequently, the response is $49869.

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Related Questions

2. Find the 6th term of each geometric sequence
9, 45, 225, 1125,...

Answers

Answer:

28125

Step-by-step explanation:

The \(n\)th term of your geometric sequence is \(9\cdot5^{n-1}\). This means that the 6th term is \(9\cdot5^{6-1}=28125\).

HELPPPPPPPPPPP
Solve for d

HELPPPPPPPPPPPSolve for d

Answers

Answer:24!!

Step-by-step explanation: the smaller triangle is 12 and that is half of the bigger triangle if you add them together its 24:=D

Helppppp with this please

Helppppp with this please

Answers

Answer:180

Step-by-step explanation:

hope this helps

Answer:

0.8 mm

Step-by-step explanation:

Given that you require the actual size.

The ant has been magnified by 15 X

To find the actual size divide magnified size by 15

actual size = 12 mm ÷ 15 = 0.8 mm

Select all of the expressions which correctly show how to convert 18 inches into yards

Answers

I am so sorry I am at work can’t solve but the answer is half yard

A rectangle is of length l​ cm and breadth b​ cm. The length of the rectangle is decreased by 10​ cm and the breadth is doubled. What is the perimeter of the new rectangle?

Answers

The perimeter of the new rectangle is given by the expression 2l + 4b - 40 cm.

Given that a rectangle is of length l​ cm and breadth b​ cm.

The length of the rectangle is decreased by 10​ cm, therefore the new length of the rectangle = l - 10 cm.

The breadth is doubled, therefore the new breadth of the rectangle = 2b cm.

The perimeter of the rectangle is given by;

Perimeter = 2(l+b)

Let's substitute l - 10 for the new length and 2b for the new breadth to get;

Perimeter = 2(l-10+2b)

Perimeter = 2(l+2b-20)

Perimeter = 2l+4b-40

Therefore the perimeter of the new rectangle is 2l + 4b - 40.

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good evening! Can someone please answer this, ill give you brainliest and your earning 50 points. Would be very appreciated.

good evening! Can someone please answer this, ill give you brainliest and your earning 50 points. Would

Answers

Answer:

B. 1, 4, 16, 64...

D. 2, 8, 32, 128...

To find a common ratio, you divide each term by the previous term.

So, let's do it for each sequence.

A.

6 / 2 = 3

10 / 6 = 1.6667

It is incorrect because we did not get 4.

B.

4 / 1 = 4

16 / 4 = 4

It is correct because we got 4.

C.

400 / 1600 = 1/4

100 / 400 = 1/4

It is incorrect. The common ratio is 1/4.

D.

8 / 2 = 4

32 / 8 = 4

It does have a common ratio of 4. It is correct.

E.

12 / 16 = 0.75

8 / 12 = 0.6667

It does not have a common ratio of 4.

F.

1/8 / 1/2 = 1/4

1/32 / 1/8 = 1/4

It does not have a common ratio of 4. It has a common ratio of 1/4.

#B

Check ratio

4/1=416/4=4

Common ratio=r=4

#C

8/2=432/8=4

Common ratio=r=4

Option B and C are correct

A student is constructing a triangle with the following dimensions:

side length of 10 inches

side length of 30 inches

Which measurements could be the length of the third side? Select all that apply.
19 inches
21 inches
35 inches
45 inches
50 inches

Answers

Answer:

JKBUKKJHKK

Step-by-step explanation:

GYHBGKJHUJUGJ

Answer:

The answer would be 19inches, 50 inches.

i dont knw if its right or not,

but i hope this helps u.

Step-by-step explanation:

The freshman class at a major university contains 2736 students. This was a 24% decrease from the size of the freshman class the year before.What was the size of last year's freshman class?

Answers

Answer: 3392

Step-by-step explanation:

Here they are looking for the previous years freshman class. In order to get that we need 100% of this years class plus 24%. So multiply this years class by 1.24 to get the answer.

What is the distance on the unit circle between successive fourth roots of root3/2 - 1/2i

Answers

The distance between successive fourth roots of the complex number √3/2 - 1/2i on the unit circle is 5π/24 units.

To find the distance between successive fourth roots of a complex number on the unit circle, we can use the concept of the angle between the roots. Let's proceed step by step:

The given complex number is √3/2 - 1/2i. This complex number lies on the unit circle because its magnitude is equal to 1.

1. Convert the given complex number to trigonometric form:

  √3/2 - 1/2i = cos(θ) + i*sin(θ)

  By comparing the real and imaginary parts, we can determine the angle θ:

  cos(θ) = √3/2

  sin(θ) = -1/2

  Using the unit circle, we can find that θ = 5π/6 (or 150 degrees). This angle represents the position of the given complex number on the unit circle.

2. Find the angle between successive fourth roots:

  Since we are interested in the fourth roots, we divide the angle θ by 4:

  θ/4 = (5π/6) / 4 = 5π/24

  This angle represents the angular distance between two successive fourth roots on the unit circle.

3. Calculate the distance between the two points:

  To find the distance, we multiply the angular distance by the radius of the unit circle (which is 1):

  Distance = (5π/24) * 1 = 5π/24

  Therefore, the distance between successive fourth roots of the complex number √3/2 - 1/2i on the unit circle is 5π/24 units.

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Is the decibel level of a siren discrete or continuous? O A. The random variable is discrete. B. The random variable is continuous.

Answers

The correct answer is option  A: The random variable is discrete. A decibel is a unit of measure used to quantify the loudness or intensity of sound.

From 0 dB (the quietest level of sound) to 140 dB (the loudest level of sound), it is measured on a logarithmic scale (the highest level of sound).

The decibel level of a siren is normally between 110 and 120 dB, which is regarded to be within or close to the threshold of human hearing.

The decibel level of a siren is measured on a logarithmic scale, making it a discrete variable. This indicates that it is measured in whole numbers rather than fractions of a decibel.

For instance, a siren's decibel level can be 110 dB, 111 dB, 112 dB, etc., but it cannot be 110.5 dB or 111.5 dB. Therefore, the decibel level of a siren is a discrete variable.

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using the digits 1, 2, 3, 4, 5, 6, 7, and 9, form 4 two-digit prime numbers, using each digit only once. what is the sum of the 4 prime numbers?

Answers

Using the given digits only once , the four 2 digit prime numbers are 23 , 41 , 59 , 67  and the the sum of the 4 prime numbers is 190 .

Prime Numbers can be defined as numbers that is greater than 1 and whose only factors are 1 and itself .

For Example : 2 is prime number , 11 is a prime number .

In the question ,

9 digits are given as 1, 2, 3, 4, 5, 6, 7, and 9  

we have to form 4 two - digit prime numbers , using each digit only once ,

So , the prime numbers using the given digits using the digits only once is

(i) 23

(ii) 41

(iii) 59

(iv) 67

and the sum of the 4 prime numbers is = 23 + 41 + 59 + 67

= 190

Therefore , the 4 prime numbers are 23 , 41 , 59 , 67 and their sum is 190 .

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Oh need to know alot and a lot

Answers

Answer:

yeah so it is 74882828 it is pretty easy

I NEED TO KNOW

What does 1 + 1 equal?
(A) 11
(B) 1
(C) 16
(D) 1/8
I WILL MARK BRANLIEST

Answers

Value of expression 1 + 1 = 2

What is addition?

Addition is the process of adding two or more items together. In math, addition is the method of calculating the sum of two or more numbers.

Given expression,

1 + 1

+ is sign of Addition, Adding the numbers,

1 + 1 = 2

Hence, 2 is the value of expression 1 + 1.

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how many three-digit numbers can be formed using the digits 1 through 9 if no digit can appear twice in a number?

Answers

Total 504 three digit numbers can be formed if no digit appear twice

What is Permutation?

The term permutation refers to a mathematical computation of the number of possible arrangements of a given collection. Simply said, a permutation is a term that defines the amount of different ways something may be organised or arranged. The order of the arrangement is important in permutations.

Solution:

Total Numer of Digits = 9

Number of Characters in the number = 3

Total Numbers = 9P3 = 9! / 6!

9P3 = 504

Total 504 three digit numbers can be formed

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Which of the following statements must be true about parallelogram ABCD?

Which of the following statements must be true about parallelogram ABCD?

Answers

Answer:

\(\angle C \cong \angle A\)

Step-by-step explanation:

Opposite angles of a parallelogram are congruent.

how do you know <C is a right angle without using Pythagorean theorem?​

how do you know &lt;C is a right angle without using Pythagorean theorem?

Answers

Answer:

please see answer below

Step-by-step explanation:

6² + 8² = 36 + 64 = 100 = 10²

we could make the angle C as big or as small as we want to, but if AB is going to remain a length of 10, then C is 90°.

Interpret the magnitude of the coefficient oncomp_stu. Is it statisticallysignificant at the 5% level? The 1% level?

Answers

To interpret the magnitude of the coefficient in a regression analysis, we need to consider its sign and size.

The magnitude of the coefficient indicates the degree of change in the dependent variable for a one-unit change in the independent variable. A larger coefficient means a greater change in the dependent variable, indicating a stronger relationship between the two variables. The magnitude of the regression coefficient can be compared to the units of the independent and dependent variables to gain a better understanding of the practical significance of the relationship.

To test the statistical significance of the coefficient at a specific significance level , we would need to conduct a hypothesis test. The null hypothesis would be that the true slope of the population line is zero , and the alternative hypothesis would be that the true slope is not zero. We would then use the t-test statistic to calculate the p-value and compare it to the chosen level of significance (e.g., 0.05 or 0.01). If the p-value is less than the chosen level of significance, we would reject the null hypothesis and conclude that there is evidence of a statistically significant linear relationship between weight and height.

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On a unit circle, the terminal point of beta is square root of 2/2, square root of 2/2. What is beta

Answers

The angle β, given the terminal point(sqrt(2)/2, sqrt(2)/2) on a unit circle, is equal to π/4 radians or 45 degrees.

To determine the angle β given the terminal point on a unit circle, we can use the trigonometric functions sine and cosine.

The terminal point of β is (sqrt(2)/2, sqrt(2)/2). Let's denote the angle β as the angle formed between the positive x-axis and the line connecting the origin to the terminal point.

The x-coordinate of the terminal point is cos(β), and the y-coordinate is sin(β). Since the terminal point issqrt(2)/2, sqrt(2)/2). we have:

cos(β) = sqrt(2)/2

cos(β) = sqrt(2)/2

We can recognize that sqrt(2)/2 is the value of the cosine and sine functions at π/4 (45 degrees) on the unit circle. In other words, β is equal to π/4 radians or 45 degrees.

So, β = π/4 or β = 45 degrees.

In summary, the angle β, given the terminal point (sqrt(2)/2, sqrt(2)/2) on a unit circle, is equal to π/4 radians or 45 degrees.

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Simplify the expression
x - (-2x + 4)

Answers

I came up with my answer 3x - 4

A job market expert said, “If this trend continues, we will see further increase in employees.” Which of the following graphs could represent the expert’s statement? a. A line graph showing years on the x-axis and all employees, thousands on the y-axis. Line starts at 6,570 on January 2000, increases to 6,800 on January 2001, decreases to 6,650 on March 2003, increases steadily to 7,300 on March 2006, stays at 7,300 on January 2007, then decreases steadily to 6,150 on August 2009. b. A line graph showing years on the x-axis and all employees, thousands on the y-axis. Line starts at 15,000 on January 2000 and increases steadily, to 16,300 on January 2003, 17,00 on January 2006, and 19,100 on January 2009. c. A line graph showing years on the x-axis and all employees, thousands on the y-axis. Line starts at 590 on January 2000, increases slightly to 615 on July 2001, decreases to 560 on March 2003, increases steadily to 790 on September 2008, then decreases sharply to 710 on August 2009. d. None of these

Answers

Answer:

the answer is B

Step-by-step explanation:

b

Answer:

B on edge

Step-by-step explanation:

Solve for x. Your answer must be simplified. x-24>_9

Answers

Answer:

x>33

Step-by-step explanation:

x-24>9

-24 moves to the other side and becomes positive

x>9+24

x>33

2. Call a number prime-looking if it is composite but not divisible by 2, 3, or 5. The three smallest prime-looking numbers are 49, 77, and 91. There are 168 prime numbers less than 1000. How many prime-looking numbers are there less than 1000

Answers

There are 225 prime-looking numbers less than 1000. To determine this, we need to find composite numbers that are not divisible by 2, 3, or 5.

We know that there are 168 prime numbers less than 1000. To find the prime-looking numbers, we can subtract the number of prime numbers from the total number of composite numbers less than 1000.

There are a total of 999 - 168 = 831 composite numbers less than 1000.

Next, we need to remove the composite numbers that are divisible by 2, 3, or 5.

Out of the 831 composite numbers, we can identify those divisible by 2, 3, or 5 by checking their last digit. If the last digit is 0, 2, 4, 5, 6, or 8, the number is divisible by 2 or 5. If the sum of its digits is divisible by 3, the number is divisible by 3. By removing these numbers, we can find prime-looking numbers.

After performing these calculations, we find that there are 225 prime-looking numbers less than 1000.

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What is the weight of a 24 square foot 2 inch thick aluminum plate with a unit weight of 15 lbs?

Answers

Weight of a 24 square foot, 2 inch thick aluminum plate will be: 720 lbs.

What is unitary method?

A single unit's value can be determined from the values of multiple units, and multiple units' values can be determined from the values of single units using the unitary method.

Given:

Weight of 1 square foot, 1 inch thick plate = 15 lbs.

To find: weight of a 24 square foot, 2 inch thick aluminum plate

Finding:

By unitary method, we get:

Weight of 1 square foot aluminum plate = 15 lbs.

Weight of 24 square foot aluminum plate = 15(24) lbs = 360 lbs.

Again, by unitary method, we get:

Weight of 1 square foot, 1 inch thick aluminum plate = 15 lbs.

Weight of 24 square foot, 1 inch thick aluminum plate = 15(24) lbs = 360 lbs.

Weight of 24 square foot, 2 inch thick aluminum plate = 360(2) lbs = 720 lbs.

Hence, Weight of 24 square foot, 2 inch thick aluminum plate = 720 lbs.

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PLEASE HELP ASAP!!! I'LL MARK BRAINLIEST TO RIGHT ANSWER!!!

PLEASE HELP ASAP!!! I'LL MARK BRAINLIEST TO RIGHT ANSWER!!!

Answers

The solution of the inequality is, x ∈ (- ∞, 5) ∪ (10, ∞)

Where, x represent the number of totts.

What is Inequality?

A relation by which we can compare two or more mathematical expression is called an inequality.

We have to given that;

My friend Raw has either no more than 5 toots and more than 10 toots.

Now, Let number of toots = x

Hence, We get;

⇒ x < 5

And, x > 10

Thus, The solution of the inequality is,

⇒ x ∈ (- ∞, 5) ∪ (10, ∞)

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find the taylor polynomials p1, ..., p4 centered at a0 for f(x).

Answers

The Taylor polynomials P1, P2, P3, and P4 centered at a0 for f(x) are given as:P1(x) = 1P2(x) = 1 - x²/2!P3(x) = 1 - x²/2! + x⁴/4!P4(x) = 1 - x²/2! + x⁴/4! - x⁶/6!

We will apply the Taylor's theorem formula, which is supplied as follows, to determine the Taylor polynomials P1, P2, P3, and P4 centred at a0 for f(x) in the given question:f'(a)(x-a)/1 = f(x) = f(a) + f'(a)! + f''(a)(x-a)²/2! + ... + fⁿ(a)(x-a)ⁿ/n!We have f(0) = 1f'(0) = 0f''(0) = -1f'''(0) = 0f4(0) = 1 for f(x) = cos(x) at x = 0.We can get the following polynomial expressions by using these values in the Taylor's theorem formula:P1(x) = 1P2(x) = 1 - x²/2!P3(x) = 1 - x²/2! + x⁴/4!P4(x) = 1 - x²/2! + x⁴/4! - x⁶/6!Consequently, the Taylor polynomials P1, P2, P3, and P4 for f(x) are provided as follows:P1(x) = 1P2(x) = 1 - x²/2!P3(x) = 1 - x²/2! + x⁴/4!P4(x) = 1 - x²/2! + x⁴/4! - x⁶/6!

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If in a population of 100 individuals, the allele frequency of the dominant allele is 0.8, how many homozygous dominant individuals are there? a. 64 b. 32 c. 16 d. 80

Answers

The answer is 64.  To find the number of homozygous dominant individuals in the population.

We need to use the Hardy-Weinberg equation:

p^2 + 2pq + q^2 = 1

Where:
p = frequency of dominant allele
q = frequency of recessive allele

Since the dominant allele frequency is 0.8, we can assume that the recessive allele frequency is 0.2 (since p + q = 1).

To find the frequency of homozygous dominant individuals (p^2), we simply square the frequency of the dominant allele:

p^2 = (0.8)^2 = 0.64

To find the number of homozygous dominant individuals, we multiply the frequency by the total population size:

0.64 x 100 = 64

Therefore, there are 64 homozygous dominant individuals in the population.

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Solve the following equation.
150 - x - 2x = 120 +2x

Answers

Answer:

X = 6

Step-by-step explanation:

150 - 3x = 120 + 2x

150 = 120 + 5x

30 = 5x

6 = x

x = 6

The solution to the equation is x = 6.

To solve this equation 150 - x - 2x = 120 +2x , we need to isolate the variable x.

To simplify the equation ;

Distribute the negative sign to the terms inside the parentheses:

150 - x - 2x = 120 + 2x

150 - 3x = 120 + 2x

Combine like terms on both sides of the equation:

-3x - 2x = 120 - 150

-5x = -30

Divide both sides of the equation by -5 to solve for x:

-5x / -5 = -30 / -5

x = 6

Therefore, the solution to the equation is x = 6.

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10 to the power of -2 as a fraction

Answers

Answer:

Step-by-step explanation:

10 to  the power of -1 = 0.1

10 to the power of -2 = 0.01

0.01 as a fraction =

1/10000

because

10 = 1/10  or 10/100

1= 1/100

0.1 = 1/1000

0.01 - 1/10000

Answer:

1/100

Step-by-step explanation:

10^2 is 100 so 10^-2 would be 0.01 or 1/100

james took a survey to show that baskitball is the favorite sport for 18 out of 25 students which percent is the closet to the probility that a person favorite sport will not be baskitball

Answers

The closest to the probability that a person's favorite sport is 28%.

What is probability?

Probability of an event happening is the ratio of the number of required outcome to that of the total number of possible outcomes. while the probability of the event not happening is one minus the event happening.

From the question, the number of required outcome is 18 and the number of possible outcomes is 25.

So the probability of the event that a person's favorite sport is not basketball = 1 - (18/25)

probability of the event that a person's favorite sport is not basketball = (25 - 18)/25 [simply to a single fraction]

probability of the event that a person's favorite sport is not basketball = 7/25

probability of the event that a person's favorite sport is not basketball = 28/100 [convert to percentage]

probability of the event that a person's favorite sport is not basketball = 38%

Therefore, the probability that a person's favorite sport will not be baskitballbis 38%.

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Amelia used 1/7 of an ounce of butter to make 1/4 of a pound of Jello. How many ounces of butter are needed to make 1 pound of Jello

Answers

Answer:

4/7

Step-by-step explanation:

Answer:

4/7 ounces of butter makes a pound of jello

Step-by-step explanation:

7 times 4 is 28, so 4/28 ounces of butter for 7/28 pounds of jello. so 4/28 times 4 is 16/28. 16/28 is our answer, then simplified is 4/7. Thats how we get our answer.

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