Difference between pv of the venture and its start-up cost

Assignment Help Finance Basics

Reference no: EM131427039

Daniela, a junior in high school, is considering a delivery program for a local grocery store to earn extra money for college. Her idea is to buy a used car and deliver groceries after school and on weekends. She estimates the following revenues and expenses.

• Start-up costs of $1,000 for the car and minor repairs.

• Weekly revenue of about $150.

• Ongoing maintenance and gasoline costs of about $45 per week.

• After nine months, replacement of the brake pads on the car for about $350.

• Sale of the car at year-end for about $450

What is the difference between the PV of the venture (assuming a rate of 6 percent compounded annually) and its start-up costs?

Reference no: EM131427039

Questions Cloud

What are some listening and speaking activities-strategies : What are some listening and speaking activities/strategies teachers could use to help students develop phonemic awareness and develop an understanding about sounds and symbol systems? Why is it important for the teacher to provide opportunities f..

Losers from japanese wheat subsidies : Who are the winners and who are the losers from Japanese wheat subsidies? Why does Japan continue to subsidize its wheat farmers when cheaper wheat is readily available in international markets? Are these subsidies in the best national interests of J..

What is the holding period t : How does t change if the interest rate is 11 percent compounded annually?

Quantities of human and physical capital per worker : Assuming that the quantities of human and physical capital per worker did not change, and that the exponent on land in the production function is one-third, calculate the growth rate in productivity over this period. What was the annual growth rat..

Difference between pv of the venture and its start-up cost : What is the difference between the PV of the venture (assuming a rate of 6 percent compounded annually) and its start-up costs?

Journal article review - organising the body : Briefly describe, discuss and evaluate the key points involved in each section of the article - Does the author clearly define a research problem or topic?

Management trainee at the continental packaging company : As a management trainee at the Continental Packaging Company, you are currently assigned to the office of the operations manager, Jim Hartman. Your job is to help him and to learn all you can about your chosen career. Today you receive what you regar..

Community organizations-social movements : Write an essay on the following: Community Organizations/Social Movements Are More Likely To Achieve Their Goals in Liberal Democratic Countries like The United Kingdom Discuss.

Describe the components of phonics : Create a worksheet that emphasizes phonological awareness and is aligned with the Common Core foundational skills standards. Your worksheet should also emphasize at least one of the identified strategies from Part 1 of this assignment, and be appr..

User Account

All Pages