Resubrnit8.5Homework UnansweredYou andsavings and investments and closing costs are estimated to be $4,200, how much money do you have available for movingyour partner have now found a home for $170,000 in Boone, IA. It requires a 20% down payment. if you have $39,000 inexpenses?Round to the nearest cent. DO NOT INCLUDE COMMAS OR $.Type your numeric answerand submit

Cost of new home = $170,000 Down payment = 20% Down payment in $ = Cost*Down payment ratio…

Homework . Unanswered You and your partner have now found a home for $170,000 in Boone, IA. It requires a 20% down payment. If you have $39,000 in savings and investments and closing costs are estimated to be $4,200, how much money do you have available for moving expenses? Round to the nearest cent. DO NOT INCLUDE COMMAS OR $. Type your numeric answer and submit

Homework . Unanswered You and your partner have now found a home for $170,000 in Boone, IA. It requires a 20% down payment. If you have $39,000 in savings and investments and closing costs are estimated to be $4,200, how much money do you have available for moving expenses? Round to the nearest cent. DO NOT INCLUDE COMMAS OR $. Type your numeric answer and submit

Fundamentals of Financial Management (MindTap Course List)

15th Edition

ISBN:9781337395250

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter12: Cash Flow Estimation And Risk Analysis

Section: Chapter Questions

Problem 16P: REPLACEMENT CHAIN The Lesseig Company has an opportunity to invest in one of two mutually exclusive...

See similar textbooks

Similar questions

Note:- not use of the excel Q)You plan to purchase a new TIG welder for your company. It will cost $2,800 now and will need $60 in repairs at the end of the 3rd year and $130 in repairs at the end of the 4th year. It will be sold for scrap metal for $115 at the end of the 5th year. With an 7.25% APR compounded monthly, what is the present worth of the welder? Answer should be rounded to the nearest cent (ie two decimal places).
Very ungent Please answer asap You are considering purchasing a new car that will cost you $32,000. The dealer offers you 4.9% APR financing for 60 months (with payments made at the end of the month). Assuming you finance the entire $32,000 and finance through the dealer, your monthly payments will be (round to the nearest dollar): a. $1,171 b. $602 c. $1,086 d. $974
Do not use chat gpt Your firm is contemplating the purchase of a new $590,000 computer - based order entry system. The system will be depreciated straight - line to zero over its five-year life. It will be worth $62, 000 at the end of that time. You will save $220, 000 before taxes per year in order processing costs, and you will be able to reduce working capital by $77,000 (this is a one-time reduction). If the tax rate is 22 percent, what is the IRR for this project? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.
Explanation it correctly and not use of excel.proper use formula to solve. Q)A condominium unit can be bought at a down payment of P150,000and a monthly payment of P10,000 for 10 years starting at the end of 5th year from the date of purchase. If money is worth 12% compounded monthly, what is the cash price of the condominium unit?
Lease ersus purchase car decision. use wor sheet 5.1. Everett Adams is trying to decide whether to lease or purchase a new car costing $18,000. If he leases, he’ll have to pay a $600 security deposit and monthly payments of $450 over the 36-month term of the closed-end lease. On the other hand, if he buys the car, then he’ll have to make a $2,400 down payment and will finance the balance with a 36-month loan requiring monthly payments of $515; he’ll also have to pay a 6 percent sales tax ($1,080) on the purchase price, and he expects the car to have a residual value of $6,500 at the end of three years. Use the automobile lease versus purchase analysis form in Worksheet 5.1 to find the total cost of both the lease and the purchase, and then recommend the best strategy for Everett.
REPLACEMENT CHAIN The Lesseig Company has an opportunity to invest in one of two mutually exclusive machines that will produce a product the company will need for the next 8 years. Machine A costs 8.9 million but will provide after-tax inflows of 4.5 million per year for 4 years. If Machine A were replaced, its cost would be 9.8 million due to inflation and its cash inflows would increase to 4.7 million due to production efficiencies. Machine B costs 13.9 million and will provide after-tax inflows of 4.3 million per year for 8 years. If the WACC is 9%, which machine should be acquired? Explain.
ANSWER IS 30,018. PLEASE SHOW YOUR SOLUTION MANUALLY :(((( don't use excel or financiaal calculator please Pachyderm Moving is reviewing data related to a new moving truck proposal. The new truck will cost $120,000 and have a five-year useful life. Management estimates that at the end of its useful life, the new truck will be sold for its salvage value of $10,000. Pachyderm expects that the annual net after-tax cash savings will be constant in each of the five years. What is the minimum amount of after-tax annual cash savings needed to make the investment yield a 10% return?
H6. Please answer each question on the box please. A cloud storage engineer purchased a new car for $31,390. Complete the table below to determine the cost of owning the car for the first year of ownership. Assume the car has an average fuel efficiency of 28 miles per gallon and a 4-year loan at an annual interest rate of 3.75% on the purchase price less the down payment. (Round your answers to the nearest cent.)
Q37 For each of the following situations, determine the amount of Producer Surplus generated a. Paul lists his old iPod for sale on an online auction. He sets a minimum acceptable price, known as his reserve price, of $75. After five days of bidding, the final high bid is exactly $75. He accepts the bid.b. Mario advertises his car for sale online for $5000, but he is willing to sell the car for any price higher than $2500. The best offer he gets is $2200, which he declines.c. Mark plays the organ during the Ottawa Senators' home games and he likes his job so much that he would be willing to do it for free. However, his annual salary is $30,000.
A new phone is for sale at Php13499 in cash or in instalment terms, Php2500 each mobth for the next 6 months at 9% compounded monthly. 1. If you were the buyer what would you prefer? Cash or instalment? 2. Why did you choose cash?Why instalment? 3. What is the advantage of choosing each basis( show complete solution)
Should you replace the Defender?MARR: 12% ❑ Given: DefenderMarket price: $100,000Remaining useful life: 3 yearsSalvage value: $25,000O&M cost: $8,000 ChallengerCost: $150,000Useful life: 3 yearsSalvage value: $55,000O&M cost: $6,000
A business is considering purchasing a piece of new equipment for $200,000. The equipment will generate the following revenues: Year 1: $50,000 Year 2: $50,000 Year 3: $50,000 Year 4: $50,000 The machine can be sold at the end of the year four for $25,000. Assume a discount for 8%. 1. What is the net present value (NPV)? Select one: A. -7890.99 B. 7899.99 C. -8,667.61 D. 9100.54 2. A business is considering purchasing a piece of new equipment for $200,000. The equipment will generate the following revenues: Year 1: $50,000 Year 2: $50,000 Year 3: $50,000 Year 4: $60,000 The machine can be sold at the end of the year for $25,000. Assume a discount of 8%. What is the compounded raturn (IRR) for this project?