Your grandfather has offered you a choice of one of the three following alternatives: $6,500 now; $1,750 a year for seven years; or $27,000 at the end of seven years. Required:
a. Assuming you could earn 10 percent annually, compute the present value of each alternative.
b. Which alternative should you choose?

1. $27,000 received at end of seven years
2. $1,750 received each year for seven years
3. $6,500 received now

c. If you could earn 11 percent annually, compute the present value of each alternative.
d. Which alternative should you choose?

1. $27,000 received at end of seven years
2. $1,750 received each year for seven years
3. $6,500 received now

In order to minimize project risk which step comes after the step of identifying risks

Following is a list of various costs incurred in producing replacement automobile parts. with respect to the production and sale of these auto parts, classify each cost as either variable costs, fixed costs, or mixed costs. 1. oil used in manufacturing equipment 2. plastic 3. property taxes, $165,000 per year on factory building and equipment 4. salary of plant manager 5. cost of labor for hourly workers 6. packaging 7. factory cleaning costs, $6,000 per month 8. metal 9. rent on warehouse, $10,000 per month plus $25 per square foot of storage used 10. property insurance premiums, $3,600 per month plus $0.01 for each dollar of property over $1,200,000 11. straight-line depreciation on the production equipment 12. hourly wages of machine operators 13. electricity costs, $0.20 per kilowatt-hour 14. computer chip (purchased from a vendor) 15. pension cost, $1.00 per employee hour on the job

Amarket that consists of all possible consumers regardless of their specific needs or wants is a