2. Based on the cash flows shown in the chart below, compute the IRR and MIRR for Project Erie. Suppose that the appropriate cost of capital is 12 percent. Advise the organization about whether it should accept or reject the project.

Project Erie

Time 0 1 2 3 4 5

Cash Flow $12,000 $2,360 $4,390 $1,520 $980 $1,250


Answers

Answer 1

Answer:

IRR = -5.19%

MIRR =  3.33%

The company should reject the project

Step-by-step explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 = -$12,000

Cash flow in year 1 = $2,360

Cash flow in year 2 =  $4,390

Cash flow in year 3 = $1,520

Cash flow in year 4 = $980

Cash flow in year 5 = $1,250

IRR = 5.19%

The modified internal rate of return is a capital budgeting method used to determine the profitability of an investment. The MIRR assumes that cash inflows are reinvested at the firm's cost of capital and outflows are financed at the firm's financing cost.

MIRR = (Future value of a firm's cash inflow / present value of the firm's cash outflow)^ (1/n)  - 1

n = number of years

present value of the firm's cash outflow = $12,000

Future value of a firm's cash inflow

Future value of year 1's cash flow = $2,360 x (1.12^4) = $3,713.51

Future value of year 2's cash flow =$4,390 x (1.12^3) = $6167.63

Future value of year 3's cash flow =$1,520  x (1.12^2) = $1906.69

Future value of year 4's cash flow = $980 X 1.12 = 1097.60

Future value of year 5's cash flow = 1250

Add the future values together = $14,135.43

($14,135.43 / $12,000)^0.2 - 1 = 3.33%

The project should be rejected because the IRR is negative.  

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  


Related Questions

Use the explicit formula an = a1 + (n-1)•d to find the 500th term of the sequence below.
24, 31, 38, 45, 52, ...

Answers

Step-by-step explanation:

the answer is in the image above

Answer:

a₅₀₀ = 3517

Step-by-step explanation:

a₁ represents the first term and d the common difference

Here a₁ = 24 and d = 31 - 24 = 7 , then

a₅₀₀ = 24 + (499 × 7) = 24 + 3493 = 3517

Consider the trapezoid shown below.
6 in.
4 in.
6 in.
6 in.
(not drawn to scale)

Answers

Answer:

36

Step-by-step explanation:

1/2bh

1/2 (6*4) =12

Considering there are three triangles we will multiply by 3

12*3=36

There is 28 kg 750 g of sugar in a sack. How many tins of 500 g sugar can be filled using the sugar in the sack?

Answers

Answer:

Step-by-step explanation:

28 kg + 750 g = 28*1000 + 750

                          28000 + 750

                       = 28750 g

Number of sack = Total quantity of sugar ÷ quantity of sugar in a sack

                           = 28750 ÷ 500

                           =  57 sacks

Answer:

57 sacks

Step-by-step explanation:

28750 ÷ 500 =

57 sacks

Glad to help! :)

PLZZ HELP ME ITD MEAN THE WORLD

Answers

Answer: 33/3

Step-by-step explanation:

I don't know the question is weird but it probably is 33/3

pls help my computers about to die lol ​

Answers

Answer:

Elapsed 10 hours and 50 minutes

Step-by-step explanation:

So it's 5:25 pm to 4:15 am.  

It goes by 50 mins to get from 5:25 to 6:15.

Now the hours.

It has passed 10 hours to get 6:15 pm to 4;15 am.

The weekly amount of money spent on maintenance and repairs by a company was observed, over a long period of time, to be approximately normally distributed with mean $400 and standard deviation $20. How much should be budgeted for weekly repairs and maintenance to provide that the probability the budgeted amount will be exceeded in a given week is only 0.1?

Answers

Answer:

$425.6 should be budgeted for weekly repairs and maintenance.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean $400 and standard deviation $20.

This means that [tex]\mu = 400, \sigma = 20[/tex]

How much should be budgeted for weekly repairs and maintenance to provide that the probability the budgeted amount will be exceeded in a given week is only 0.1?

This is the 100 - 10 = 90th percentile, which is X when Z has a p-value of 0.9, so X when Z = 1.28.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]1.28 = \frac{X - 400}{20}[/tex]

[tex]X - 400 = 20*1.28[/tex]

[tex]X = 425.6[/tex]

$425.6 should be budgeted for weekly repairs and maintenance.

convert 4 years to months​

Answers

Answer:

48 months

Step-by-step explanation:

12 times 4 48

Answer:

48 months

There's 12 months in 1 year.

So we would multiply 12 months by 4 years to get 48 months

The equation of the circle having center (5, 4) and touching y-axis is

A. x 2 + y2 – 10x – 8y + 25 = 0

B. x 2 + y2 – 5x + 4y + 8 = 0

C. x 2 + y2 – 5x + 4y + 8 = 0

D. x 2 + y2 – 42 – 5y + 10 = 0

Answers

Answer:

None Of the Above.

Step-by-step explanation:

As we know that the general equation of circle is

( x - h )^2 + ( y - k )^2 = r^2

putting h=5 and k= 4 and r= 5

x² + 25 - 10x + y² +16 - 8y = 25

x² + y² - 10x - 8y + 16 = 0 is the answer.

I got this answer from Gauthmath its a really cool new app having solutions from tutor. Just scan questions and you can get answers from tutor.

you can get the app on Play Store or App Store. Or you can join their discord (Gauthmath_Homeworkhelp).

If ABCD is a parallelogram,what is the value of x?
answers
a.) 46
b.) 82
c.) 38
d.) 44
e.) 69
f.) 37

Answers

Answer:

D.44

Step-by-step explanation:

i hope its help for you po

what is the value of k in which the expression k-22=13-61​

Answers

Trust me this is the answer 18.666666

The graphs below have the same shape. What is the equation of the red
graph?
F(x) =
A. F(x) = (2 - x)
B. F(x) = (3-X)
C. F(x) = 3 - X2
D. F(x) = 2 - x?

Answers

D. F(x)=2-x^2 i know for sure because it opens downward is on the 2 of the y axis

The equation of red graph is [tex]F(x) = 2 -x^{2}[/tex].

What is the general equation of parabola?

The general equation of parabola is [tex]y = a(x-h)^{2} + k[/tex].

Where,

(h, k) are the vertices of the parabola.

According to the given question.

We have two graph.

The blue and red graph both represents the equation of downward parabola.

Since, blue graph represents the equation of downward parabola.

Whose equation is given

[tex]G(x) = 5 - x^{2}..(i)[/tex]

The general equation of a parabola is [tex]y = a(x-h)^{2} + k..(ii)[/tex]

Where, (h, k) are the vertices of the parabola.

Compare the equation (i) with (ii)

We get

(h, k) = (0, 5) and a = -1.

Now, the red graph which also represents the downward parabola whose vertices are (0, 2)

Therefore, the equation red graph is given by

[tex]F(x) = a(x-0)^{2} + 2[/tex]

⇒ [tex]F(x) = -1(x-0)^{2} + 2[/tex]

⇒ [tex]F(x) = 2 - x^{2}[/tex]

Hence, the equation of red graph is [tex]F(x) = 2 -x^{2}[/tex].

Find out more information about equation of parabola here:

https://brainly.com/question/4074088

#SPJ3

verify that :- 5/8x(7/9-11/6)=(5/8x7/9)-(5/8x11/6)

please answer​

Answers

The distributive law states that a(b - c) = ab - ac
In this example a = 5/8, b = 7/9 and c = 11/6

CAN SOMEONE HELP ME OUT WITH THIS PLEASE AND THINK YOU

Answers

Answer:

[tex]10\frac{7}{18}[/tex]

Step-by-step explanation:

First revert it to improper fraction.

[tex]\frac{13}{2} +\frac{35}{9} \\\\[/tex]

Now put them to a common denominator.

[tex]\frac{187}{18}[/tex]

=> [tex]10\frac{7}{18}[/tex]

Practice D. Factor each trinomial.
1.
x² – 2x- 8
I
2.
y2 – 13y + 42
3.
m2 - 6m - 7


Help me answer those three factor please

Answers

Answer:

So 1) x²-2x-8

= x(x-2-8/x)

2) y²-13y+42

= y(y-13+42/y)

3) m²-6m-7

= m(m-6-7/m)

Hope it helps

holaaandaaa cuanto es 22+22

Answers

Step-by-step explanation:

22+22=44

Es una pregunta fácil, incluso un niño pequeño puede responder a esto.

Sam and Mary collect marbles. “If you give me 5 marbles I’ll have twice as many as you.” said Sam to Mary.
“But if you give me 4 marbles wwe would have the same number said Mary to Sam.
How many marbles do they have altogether?

Answers

Answer:

54 marbles

Step-by-step explanation:

The question is a word problem leading to a simultaneous equation

Let 'x' represent the initial number of marbles with Sam, and let 'y' represent the initial number of marbles with Mary,

If Mary gives Sam 5 marbles, we have;

x + 5 = 2 × (y - 5)...(1)

If Sam gives Mary 4 marbles, we get;

x - 4 = y + 4...(2)

From equation (1), we get;

x + 5 = 2 × (y - 5) = 2·y - 10

x = 2·y - 10 - 5 = 2·y - 15

x = 2·y - 15...(3)

From equation (2), we have;

x - 4 = y + 4

∴ x = y + 4 + 4 = y + 8

x = y + 8...(4)

Equating the two values of 'x' in equation (3), and equation (4), we get;

2·y - 15 = y + 8

2·y - y = 8 + 15 = 23

∴ y = 23

From equation (4), we get;

x = y + 8 = 23 + 8 = 31

x = 31

The total number of marbles they have altogether = x + y

However, x + y = 23 + 31 = 54

Therefore;

The total number of marbles they have altogether = 54 marbles.

what are the steps to this?

Answers

Answer:

Start at the positive

x

-axis, then rotate left by the desired angle.

Explanation:

Standard position means the first arm of the angle is the positive

x

-axis, and the other arm is placed by rotating counter-clockwise from there, by the amount of the angle.

As a basic example, the symbol

is about a 45° angle in standard position.

To get a feel for where the second arm (called the "terminal arm") will go, remind yourself that the axes themselves meet each other at 90°.

If our angle was 90°, the terminal arm would be on the positive

y

-axis.

If our angle was 180°, it would be on the negative

x

-axis.

Wait! 180° is more than 150°, so our angle is somewhere in quadrant 2. In fact, 150° is 2/3 of the way between 90° and 180°, so our terminal arm will be 2/3 of the way into quadrant 2.

graph{(y+tan(pi/6)x)(y^2-.00001x)=0 [-10, 10, -5, 5]}

(ignore the part of the line in quadrant 4)

Step-by-step explanation:

Which expression is equivalent

Answers

Answer:

[tex]\sqrt[6]{2\\}[/tex]

Step-by-step explanation:

Rewriting

2 ^1/2 ÷ 2 ^ 1/3

We know a^ b ÷ a^c = a^ (b-c)

2 ^ (1/2 -1/3)

Getting a common denominator

2^ ( 3/6 - 2/6)

2^ 1/6

[tex]\sqrt[6]{2\\}[/tex]

Answer:

[tex]\sqrt[6]{2}[/tex]

Step-by-step explanation:

We can start by writing the expression as one power of two, and then comparing it to the options. The square root of two is the same and [tex]2^{\frac{1}{2} }[/tex] and the cube root of two is the same as [tex]2^{\frac{1}{3} }[/tex]. Therefore, we can rewrite the expression:

[tex]\frac{2^{\frac{1}{2} }}{2^{\frac{1}{3} }}[/tex]

Now, to write them as one power of two, we can use the quotient rule which states, [tex]\frac{x^m}{x^n} = x^{m-n}[/tex]:

[tex]2^{\frac{1}{2} -\frac{1}{3}}[/tex]

We just need to subtract 1/3 from 1/2 to get:

[tex]2^{\frac{1}{6} }[/tex]

This is the same as the 6th root of 2, which is the second option.

plsss help (on pic)
First will put brainliest

Answers

Answer:

7 over 2x-2

Step-by-step explanation:

Answer:

g^-1 •7

7g^-1

7•1/g

answer is 7/g

I hoped I helped!! :)

Please help and thank u

Answers

Answer:

The answer to this question is C.

Here's a little something that will tease your brain. I doubt someone will answer this​

Answers

Answer:

500ml orange juice is the most cost effective

500 ml is the answer

¿Cuánto mide el lado de un terreno cuadrado, si su área 144 m2?

Answers

Answer:

72

Step-by-step explanation:

all you had to do was divide by 2

A company has the pay scales below , with the percent of employees receiving that pay listed. Find the best value to represent an average salary at this company. ( round to the nearest dollar ) Job Salary Percent of Employees Entry 23,264 60% 47,480 38% 117,027 2%

Answers

Answer:

$34,341

Step-by-step explanation:

Given :

Job Salary Percent of Employees Entry 23,264 60% 47,480 38% 117,027 2%

To obtain the best value for the mean salary ; we obtain the weighted average ;

Σ(salary * weight factor) / Σ weight

[(23264 * 0.60) + (47480 * 0.38) + (117027 * 0.02)] ÷ (0.60 + 0.38 + 0.02)

= 34341.34 / 1

Average salary = 34341.34

= $34,341 ( nearest dollar)

no links please, i cant find the answer for q b) ii)

Answers

Answer:

-k

Step-by-step explanation:

Cos(140)=cos(180-40)=-cos(40)=-k

Answer:

Step-by-step explanation:

Sin (90 - A)  = Cos A

Cos (90 + A) =   -Sin A

Sin 50 = Sin (90 - 40)

          = Cos 40

         = k

Cos 140 = Cos (90 + 50)

             = - Sin 50

            = (- k)

what is the product of 172837286 and 17368364????

Answers

Answer:

3.0019009e+15

Step-by-step explanation:

the word and is multiplication so multiply the two numbers

Answer:

3.001900896*10^15 is the answer

binomial theorem to expand (x+4)^4

Answers

Answer:

Step-by-step explanation:

(x+4)^2.(x+4)^2

= x^4 +16x^3+96x^2+256x+256

Someone please help me thanks

Answers

Answer:

a. 7.2

Step-by-step explanation:

CAH (cos = adj/hyp)

cos53 = b/12; cross multiply

cos53*12 = 7.2

A would be your answer caus i’ve done it

Which number(s) below belong to the solution set of the equation? Check all
that apply
x + 9 = 26
A. 17
B. 234
C. 52
D. 35
E. 26
F. 3

Answers

Answer:

A

Step-by-step explanation:

x + 9 = 26

x = 17

Answer:

A.17

Step-by-step explanation:

17+9=26

find the value of x and y​

Answers

X=58

58-14= 44
44+58= 102
180-102= 78
78/2=39

Y=39

Answer:

x = 58

y = 39

Step-by-step explanation:

x = 58 (Vertically opposite angles)

x + 2y + (x-14) = 180 (Angles in a straight line)

=> x + 2y + x - 14 = 180

=> 2x + 2y = 180 + 14

=> 2(58) + 2y = 194

=> 116 + 2y = 194

=> 2y = 194 - 116

=> 2y = 78

=> y = 78/2

=> y = 39

2 Points

(25x

0
The equation ya

represents Michelle's regular

130(x-38) +950 %> 38

hourly and overtime wage. Based on this equation, what is Michelle's

overtime hourly pay?

A. $30

B. $38

O C. $950

O D. $25

Answers

Answer:

The answer is "35.22".

Step-by-step explanation:

Let the given equation:

[tex]\to 130(x-38) +950 \% \times 38=0\\\\\to 130x- 4940+\frac{950}{100} \times 38=0\\\\\to 130x- 4940+9.5\times 38=0\\\\\to 130x- 4940+361=0\\\\\to 130x- 4579=0\\\\\to 130x= 4579\\\\\to x= \frac{4579}{130}\\\\\to x= 35.22[/tex]

Answer: $25

Step-by-step explanation: took the quiz

Other Questions
Yam190Groundnuts90Vegetables30. What is the ratio of the land usedfor groundnuts to the land forvegetables When writing for a general audience, the writer should keep in mind that a general audience most likely A. Knows little about the topic B. Knows a lot about the topic C. Is interested in the situation D. Has the power to effect change distributive law to simplify 15x13 + 15x17 What is the present value of a 10-year annuity of $3,000 per period in which payments come at the beginning of each period All the events listed above are associated with which period in U.S. History?World War IIThe Great DepressionThe Cold WarThe Progressive EraCLEAR ALL Can someone help me with this question please. When choosing a distraction channel, the impact it has on an offering's costs can significantly affect the Of the offering and how much consumers are willing to pay for it What is the observation of heating of iodine crystals Adele, Dennis, and Marie are siblings. The sum of their ages is 29. Marie is the eldest, and Adele is the youngest. None of the siblings are older than 16 or younger than 6. No two are the same age. List all the combinations of ages they could be in the organized list below. What is the probability that Marie is 12 years of age? Why is leadership important in a group or a society 4.2 To buy a new car is not a very good investment. In the first year the car willdecrease in value by 25%.4.2.1If the car costs R200 000, what will it be worth after 1 year? pls help me..... the question is in the attachment.... thank you I don't understand help plz I need help please I dont understand Year Nominal GDP Real GDP GDP Deflator (Dollars) (Base year 2016, dollars) 2016 2017 2018 From 2017 to 2018, nominal GDP , and real GDP. The inflation rate in 2018 was. Why is real GDP a more accurate measure of an economy's production than nominal GDP? if a line with an angle of inclination 120 and passes trough (3,1),then what is the equation of a line What is the complimentary dna strand for TCTTAAATGATCGAT Alix is 10 years older than tamia. Alanna is twice as old as tamia. If the sum of their ages is 74, how old is alanna You decide to share some sugar sweetened fruit juice with your friend. You divide the fruit equally into two glasses. Then an additional equal volume of water is added to glass 1. Which glass would have the lower molarity? _______ is best described as the process of transformation of an idea into a new product or process, or the modification and recombination of existing ones.