Sam Is Considering the Purchase of a Vending Machine to Sell

question 69

Multiple Choice

Sam is considering the purchase of a vending machine to sell sodas. The cost of the vending machine is $3,400. Sam estimates that the vending machine will last for five years and will provide net income of $800 each year for its lifetime. Suppose the seller of the vending machine allows Sam to defer, without penalty or interest, payment for the vending machine until the end of the first year. The net present value at 7% is $____.

• A) -119.84
• B) 102.58
• C) 3,738.32
• D) 109.77

Grasp the essential traits and behaviors of effective leaders as per various leadership theories.

Understand the various classes of drugs used in mood regulation and their mechanisms of action.

Comprehend the role and functioning of neuroleptics in addressing psychological disorders.

Appreciate the significance of lithium in the management of bipolar disorder.

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Definitions:

Twenty Million

The numerical figure 20,000,000.

Paralegals

Trained legal assistants who work under the supervision of attorneys, performing tasks like legal research, document preparation, and client interviews.

Businessmen

Individuals engaged in commercial or industrial business activities, often with decision-making power and ownership stakes.

Businesswomen

Female entrepreneurs or professionals engaged in commercial or industrial activities with the aim of generating profits.