Remainder Part of Question:
Cash Flow
Initial Costs $365,000
Annual Benefits $90,000
Operation and Maintenance $15,000
Salvage Value $25,000
Lifetime in years 10 Years
Answer:
As the IRR > MARR, hence the investment is financially viable.
Explanation:
Find the attachment below:
Answer:
An Advantage of a Certificate of Deposit (CD) is:
It usually offers a higher interest rate.
Explanation:
For instance, Jones Company can purchase a certificate of deposit (CD) from Bank A. The CD is a financial product that pays a locked and premium interest rate. In exchange for this locked and higher interest rate, Jones Ltd agrees to leave a lump-sum deposit which it cannot withdraw from until a predetermined period of time. A CD is not a saving for a short-term purpose, and does not allow for flexible withdrawals unless after the maturity date has been reached. This implies that Jones Ltd cannot cash it out unless after the maturity date.
Answer: Affinity pattern
Explanation:
Data mining is when patterns are being discovered in large data. From the question, we are informed that Chenrezic Music Stores, a chain of stores selling musical instruments, is trying to improve its customer service.
We are further told that while examining its checkout data, it learned that people who buy guitar covers also buy guitar straps and vice versa. In this
This shows that data mining has helped to find better ways to improve customer service has also led to the discovery of affinity pattern.
Answer:
Despite the increase in price, quantity demanded rose due to some other factors changing.
Explanation:
Considering the rise in tuition, a consequential effect could have been a drop in the number of students being enrolled at the institution, since the change may not be affordable for all or the criteria for the increase may not be pleasing to majority of the intending students.
In this case however, the change had no negative effect on the number of students being enrolled and there was a consequential increase in the number of students being enrolled this year. This is indicative of a substantial change which must have occurred together with the increase in tuition such as an increase in standard due to provision of better teaching and learning facilities, student hostels which will make the students more comfortable and ensure they get their money's worth at the institution.
These factors, make being enrolled at the school valuable to the students despite the increase in fees.