arrendo, inc. is evaluating two possible investments in depreciable plant assets. the company uses the straightminusline method of depreciation. the following information is available:
investment a investment b
initial capital investment $ 110,000 $ 160,000
estimated useful life 10 years 10 years
estimated residual value 0 $ 30,000
estimated annual net cash inflow for 10 years $ 23,000 $ 41,000
required rate of return 10% 14%
calculate the payback period for investment b. (round your answer to two decimal places.)

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a. change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c. stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.

After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?