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n. Since both projects will take same amount of time and money to develop, for purposes of comparison we can ignore the development cycle. Present Value for 1st project, PV1 = 120/1.05 + 120/1.05
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NEW QUESTION: 1
Which of the following options involved to Create Variable from the Formula? There are 2 correct answers to this question Response:
A. Select the cell that contains the formula
B. Click the Create Variable and Select the Formula bar
C. On the Formula bar, click Create Variable
D. Double-click Formula bar and click OK
Answer: A,C

NEW QUESTION: 2
The Java Portlet Specification PLT.C appendix defines the Cascading Style Sheet classes for a variety of logical units in the markup. It follows the styles defined by the OASIS Web Services for Remote Portlets Technical Committee. What is the prefix used for the name of the CSS classes defined in this appendix?
A. portlet- (for example portlet-font, portlet-form-field, portlet-table-body)
B. css- (for example css-font, css-form-field, css-table-body)
C. portal- (for example portlal-font, portal-form-field, portal-table-body)
D. wsrp- (for example wsrp-font, wsrp-form-field, wsrp-table-body)
Answer: A

NEW QUESTION: 3
A company has to make a choice between two projects, because the available resources in money and kind are not sufficient to run both at the same time. Each project would take 9 months and would cost $250,000.The first project is a process optimization, which would result in a cost reduction of $120,000 per year. This benefit would be achieved immediately after the end of the project. The second project would be the development of a new product, which could produce the following net profits after the end of the project:
1st year: $ 15,000
2nd year: $ 125,000
3rd year: $ 220,000
Assumed is a discount rate of 5 % per year. Looking at the net present values of these projects' revenues in the first 3 years, what is true?
A. The second project is more attractive.
B. The available information is not sufficient to calculate and compare net present values.
C. The first project is more attractive.
D. Both projects are equally attractive.
Answer: C
Explanation:
As, PV = FV/(1+r)