How many months must a purchaser use the system

Assignment Help Microeconomics
Reference no: EM131004348

Magenn Power in Ottawa, Ontario, sells a rotating, bus-sized helium-filled electricity generator that floats 122 m above the ground. It sells for $10,000 (with helium) and will produce 4 kilowatts of electricity at its ground station. If the cost of electricity is $0.08 per kilowatt-hour, how many months must a purchaser use the system at full capacity to recover the initial investment at an interest rate of 12% per year compounded monthly? Assume 30 days per month.

Reference no: EM131004348

Questions Cloud

How much can a private waste hauling company afford to spend : The truck recharges the accumulators when it brakes. If the fuel cost for a regular refuse truck is $800 per month, how much can a private waste hauling company afford to spend on the recovery system if it wants to recover its investment in 3 year..
Investment in human capital : Completing your degree is an investment in human capital. While an education provides many positive outcomes, most students pursue a degree for career growth.
Management meeting the marketing director : At last month's management meeting the marketing director explained that sales volume had increased slightly in the previous year, largely due to heavy discounting in most of its stores. The finance director expressed concern that such a strategy ..
What is equivalent annual worth of furnace at interest rate : The initial cost of a pulverized coal cyclone furnace is $800,000. If the operating cost is $90,000 in year 1, $92,700 in year 2, and amounts in- creasing by 3% each year through a 10-year amortization period, what is the equivalent annual worth o..
How many months must a purchaser use the system : It sells for $10,000 (with helium) and will produce 4 kilowatts of electricity at its ground station. If the cost of electricity is $0.08 per kilowatt-hour, how many months must a purchaser use the system at full capacity to recover the initial in..
Mba8000 critical reflection : MBA8000 ASSIGNMENT 1: Critical Reflection, This assignment has three parts. In Part 1 you will describe an ethical dilemma that you had to face. In Part 2 you will analyze it. In Part 3 you will reflect on it.
Research paper on amazon : Research paper on Amazon.com; I need a 6 page double space paper written in APA format with the references cited correctly. Review of company: Management and corporate structure and Manufacturing and or service operations
How long will it take for state to recover its investment : The state of New Mexico appropriated $840,000 to improve the program of animal inspection and movement control so that officials will be able to track and identify all animals and premises that have had contact with an animal disease within 48 hou..
Financial markets and institutions - assignment : Financial Markets and Institutions - Assignment, Your task is to read the article "Globalising International Banking" and to consider additional, contemporary articles about international and global banking. Then write a report which addresses the fo..

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Calculating price elasticity of demand

Calculating Price Elasticity of Demand) Suppose that 60 units of a good are demanded at a price of $6 per unit. A reduction in price of $0.70 results in an increase in quantity demanded 75 to units. Show that these data yield a price elasticity of __..

  Compute what happens to income of workers and orchard

the nation of ectenia has 20 competitive apple orchards which sell apples at the world price of 2. the following

  The demand for haddock has been evaluated as find out price

the demand for haddock has been estimate aslog qab log pc log id log pmwhere qquantity of haddock sold in new

  Calculate price index numbers

8. Julia's publisher sends her a $15,000 check every year that her book is in print. Suppose Julia's book is in print for five years and the inflation rate during that period is (-2) percent.

  What is the equilibrium real interest rate

What is the equilibrium levels of real output and what is the equilibrium real interest rate

  Definition - law of demand and law of supply

Complete the following. Include your references using APA formatting. Write the definition for each of the following: Law of Demand, Law of Supply and Price Elasticity of Demand

  What is the dissimilarity in equivalent uniform annual cost

Machine A was purchased three years ago for $10,000 and had an estimated market value of $1,400 at the end of its ten-year life. Annual operating costs are $1,200. The machine will perform satisfactorily for the next seven years. A salesman for anoth..

  The e-activity presents two contrasting points of view the

the e-activity presents two contrasting points of view. the employees who have been laid off and weyco incorporated

  The pre-tax accounting profit will be

An individual's annual income is $100,000. The person is considering opening their own business. Expected revenues for the business, if they open it, are 2 million the first year.

  Price of bread rises relative to the price of rice

Suppose that the CPI includes two goods, rice and bread which are substitutes. If the year after the base year the price of bread rises relative to the price of rice then

  What is the profit-maximizing price

Suppose you have 10 indivduals with vales ($1, $2, $3, $4, $5, $6, $7, $8, $9, $10. . our marginal cost of production is $2.50. What is the profit-maximizing price?

  What is the equilibrium price and quantity?

What is the equilibrium price and quantity?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd