The mean yield for one-acre plot is 662 kilos with a s.d. 32 kilos. Assuming normal distribution, how many one-acre plots in a batch of 1,000 plots would you expect to have yield: (i) over 700 kilos, (ii) below 650 kilos, and (iii) what is the lowest yield of the best 100 plots?
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- Define the term Annual Effective Yields?The Cornballer, invented by George Bluth in the mid-1970s, is a device used to make cornballs. Itsold for $29.95. Suppose that 10,000 Cornballers were sold in 1981; 11,000 in 1982; and salesincreasing by 10% each year until it was last sold in 1990 (when it was made illegal). Assume aninterest rate of 12% per year. Assume sales were made at EOY. What was the worth of these cashflows in 1980? Show in standard factor notation and show the cash flow diagrams.As part of your inheritance, you received a bond that will pay interest of $700 every 6 months for 15 years. If the coupon rate is 7% per year, the face value of the bond is (a) $10,000 (b) $20,000 (c) $30,000 (d) $40,000
- Please show both and irr using trial and error method only pls. Thanks.What amount of money invested today at 15% interest can provide the following scholarships: P30,000 at the end of each year for 6yrs; P40,000 for the next 6 yrs and P50,000 thereafter? Complete solution using the formula.A Real estate investor has the opportunity to purchase a small apartment complex. The apartment complex costs $4 million and is expected to generate net revenue (that after all operating and finance costs) of $60,000 per month. Course, the revenue can vary because the occupancy rate is uncertain. Considering the uncertainty, the revenue could vary from a low -$10,000 To a high of $100,000 per month. Assume that the investors objective is to maximize the value of the investment in the 10 years. The city Council is currently considering an application to rezone a nearby empty parcel of land. The owner of that land wants to build a small electronics assembly plant. Was plant does not really conflict with the city’s overall land use plan, but it may have a substantial long-term negative effect on the value the nearby residential district in which the apartment complex is located. Because the city Council currently is divided on the issue and will not make a decision until next month, the…
- please send handwriiten solution for part b N= 5A consulting engineer has been hired to advise a town how best to proceed with theconstruction of a 200,000-m3 water supply reservoir. Since only 120,000 m3 of storagewill be required for the next 25 years, an alternative to building the full capacity now isto build the reservoir in two stages. Initially, the reservoir could be built with 120,000 m3of capacity and then, 25 years hence, the additional 80,000 m3 of capacity could beadded by increasing the height of the reservoir. If interest is computed at 4%, whichconstruction plan is preferred? Detail your steps in excel.Engineering Economics 00013 Please provide a step by step solution using Rate of Return (ROR) Thankyou
- A firm spent $2 million for new equipment that reduces greenhouse gases in their operations. The process improvement saved them $14,000 in the first month. (a) What is the first month’s rate of return on this investment? Express that value on an annual effective basis. (b) If this investment was judged not to make economic sense, should some entity pay to reduce such emissions? Who and why?The California Forest Service is considering two locations for a new state park. Location Ewould require an investment of $3 million and $50,000 per year in maintenance. Location Wwould cost $7 million to construct, but the Forest Service would receive an additional $25,000per year in park use fees. The operating cost of location W will be $65,000 per year. The revenueto park concessionaires will be $500,000 per year at location E and $700,000 per year at locationW. The disbenefits associated with each location are $30,000 per year for location E and $40,000per year for location W. Use(a) The B/C method, and(b) The modified B/C method to determine which location, if either, should be selected, using aninterest rate of 12% per year. Assume that the park will be maintained indefinitely.A paint manufacturing company uses a sand mill for fine grinding of paint witn an output of 100 liters per hour using glass beads as grinding media. Media load in the mill is 25 kg costing ₱200.00 per kg and is fully replenished in 2 months time at 8 hours per day operation, 25 days a month. A ceramic grinding media is offered to this paint company, costing ₱400 per kg and needs 30 kg load in the sand mill, but guarantees an output of 120 liters per hour and full replenishment of media in 3 months. If profit on paint production is ₱15 per literl which media is more profitable and how much is the difference in profit?