Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. only need the answers to d-1 not the rest. if you

Only need the answers to D-1 not the rest. If you need the equation answers...

80.2K

Verified Solution

Question

Finance

Only need the answers to D-1 not the rest. If you need the equation answers for A-C they are A. 260.25 B. 244.91 C. Luxury Air

Econo-Cool air conditioners cost $310 to purchase, result in electricity bills of $152 per year, and last for 5 years. Luxury Air models cost $510, result in electricity bills of $104 per year, and last for 8 years. The discount rate is 22%.

a. What is the equivalent annual cost of the Econo-Cool model? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

b. What is the equivalent annual cost of the Luxury Air model? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

c. Which model is more cost-effective?

multiple choice 1

  • Econo-Cool

  • Luxury Air Correct

d-1. Now you remember that the inflation rate is expected to be 10% per year for the foreseeable future. What is the equivalent annual cost of the Econo-Cool and Luxury Air model? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

General Management
1.2K views

why do you think that organizational structure will have an impact on how risks are assessed?

Finance
1.2K views

Junior just received his annual bonus and is looking to invest it in one of two...

Biology
1.2K views

Determining the exact sequence of a gene would be whether a trait is inherited in...

Physics
1.2K views

In a YDSE setup we plot the phase difference 6 between both waves at point...

Algebra
1.2K views

Let (V, (,)) be an inner product space and let f, g be vectors in...

Accounting
1.2K views

Benoit Company produces three products--A, B, and C. Data concerning the three products follow...

Accounting
1.2K views

2. Which of the following taxes does the Commonwealth government not levy?* (1 Point) Payroll...

Accounting
1.2K views

Fayer Corporation has provided the following financial data: Balance Sheet...

Accounting
1.2K views

In October, Pine Company reports 20,000 actual direct labor hours, and it incurs $255,000 of...

Accounting
1.2K views

How do I do this? [The following information applies to the questions displayed below.]...

Accounting
1.2K views

Hopscotch Limited, a manufacturer of a variety of products, uses an activitybased ...

Accounting
1.2K views

EX7-1 Control of inventories Triple Creek Hardware Store currently uses a periodic inventory system. Kevin...