Disposing the car if marr is given

Assignment Help Project Management
Reference no: EM1339322

Q1) You just purchased a used car for $3,000 and, being enrolled in this course, you are curious as to how long you should keep the car. You will graduate soon and you do not want to keep the car longer than 4 years. You have estimated the costs and market value as show in the following table.

Year 1 Year 2 Year 3 Year 4
Annual expense $950 $1050 $1,100 $1,500
Market value 2,250 1,800 1,450 1,160
at end of yr.

If your MARR is 12% per year, at the end of which year should you dispose of the car?

Reference no: EM1339322

Reviews

Write a Review

 

Project Management Questions & Answers

  Goal of increasing capacity for passengers in hong kong area

Given the goal of increasing capacity for passengers and cargo in the Hong Kong area, what options were available?

  Social analytics aid an organization

What criteria would managers use to manage this trade-off? How do social analytics aid an organization?

  Computing total amount of revenue

County general fund employees handle the collections and a 3% collection fee is charged all units except the county. The total amount of revenue recognized by the county general fund would be?

  Situation in which pert estimation technique be used

In what situations should the PERT estimation technique be used?

  Projects include risk in project planning

Why should all projects include risk in their project planning? What are some of the drawbacks if risks are not considered?

  Calculating the operating leverage

Calculate the operating leverage for the electric scooter project assuming unit sales are 100,000 (see Section 10 - 2).

  Critical path of a pert chart

In terms of creating a timeline, what is meant by the critical path of a PERT chart?

  Pm for a process or product improvement activity

Imagine that you have been selected as the PM for a process or product improvement activity or the design of a new product or service in your organization.

  Justifying the influence of stakeholders

Justify the influence of stakeholders in the project management plan and their role in communication planning.

  Describing the purpose of attributes of a project

Using the concepts within the textbook "A Not-for-Profit Organization" , outline some attributes of a project, and describe their overall purpose.

  Ranking of projects differ use of irr or npv measures

The ranking of projects differs on the use of IRR or NPV measures. Which project should be selected? Why is the IRR ranking misleading?

  Latest current yield and promised yield

Determine the latest current yield and promised yield for each. (for the promised yield use annual compounding). In addition, find the duration and modified duration for each bond.

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