The short-line railroad is considering a $100,000 investment in either of two companies. the cash flows are as follows: year electric co. water works 1 $ 70,000 $ 15,000 2 15,000 15,000 3 15,000 70,000 4 – 10 10,000 10,000 a. compute the payback period for both companies. (round your answers to 1 decimal place.) b. which of the investments is superior from the information provided? electric co. water works
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Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk
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Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08
Answers: 1
The short-line railroad is considering a $100,000 investment in either of two companies. the cash fl...
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