Aconstruction management company is examining its cash flow requirements for the next 7 years. the company expects to replace software and infield computing equipment at various times over a 7-year planning period. specifically, the company expects to spend $6000 one year from now, $9000 three years from now, and $10,000 each year in years 6 through 10. what is the future worth in year 10 of the planned expenditures, at an interest rate of 12% per year?

Total expense= $104,022.6

Explanation:

Giving the following information:

The company expects to spend $6000 one year from now, $9000 three years from now, and $10,000 each year in years 6 through 10.

The interest rate is 12%.

We need to use the following formula:

FV= PV*(1+i)^n

FV= 6000*(1.12)^9= 16,638.47

FV= 9000*(1.12)^7= 19,896.13

Total= $36,534.6

For the last three we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {10000*[(1.12^3)-1]}/0.12= 67,488

Total expense= 67,488 + 36,534.6= $104,022.6

what is wrong with black soap shampoo?

explanation:

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.