Joe Flubup Is the President of Flubup,Inc

question 158

Multiple Choice

Joe Flubup is the president of Flubup,Inc.He is considering buying a new machine that would cost $25,470.Joe has determined that the new machine promises an internal rate of return of 14%,but Joe has misplaced the paper which tells the annual cost savings promised by the new machine.He does remember that the machine has a projected life of 12 years.Based on these data,what are the annual cost savings? (Ignore income taxes in this problem.)

• A) Impossible to determine from the data given.
• B) $2,122.50.
• C) $4,500.00.
• D) $4,650.00.

---

Definitions:

Freud's

Pertains to Sigmund Freud, the Austrian neurologist who founded psychoanalysis, and his theories regarding the unconscious mind, sexual desire, and psychological development.

View of Personality

An understanding or theory regarding the nature of human personality, including its development, structure, and key characteristics.

Conscious Level

The degree of awareness that an individual has about their thoughts, feelings, and surroundings; the state of being awake and aware.

Psyche

Describes the human soul, mind, or spirit, as the center of thought, emotion, and behavior.