{"id":184182,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/axel-needs-new-manufacturing-equipment-two-companies-can"},"modified":"2018-10-24T09:07:46","modified_gmt":"2018-10-24T09:07:46","slug":"axel-needs-new-manufacturing-equipment-two-companies-can","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/axel-needs-new-manufacturing-equipment-two-companies-can\/","title":{"rendered":"Axel needs new manufacturing equipment. Two companies can"},"content":{"rendered":"<p>Axel needs new manufacturing equipment. Two companies can<br \/> P10A-9B Axel needs new manufacturing equipment. Two companies can provide similar equipment but under different payment plans: Plan A: MRE offers to let Axel pay $55,000 each year for five years. The payments include interest at 12% per year. Plan B: Westernhome will make a single payment of $425,000 at the end of five years. This payment includes both principal and interest at 12%.<\/p>\n<p>Requirements<br \/> 1. Calculate the present value of Plan A.<br \/> 2. Calculate the present value of Plan B.<br \/> 3. Axel will purchase the equipment that costs the least, as measured by present value. Which equipment should Axel select? Why? (Challenge)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axel needs new manufacturing equipment. Two companies can P10A-9B Axel needs new manufacturing equipment. Two companies can provide similar equipment but under different payment plans: Plan A: MRE offers to let Axel pay $55,000 each year for five years. The <a href=\"https:\/\/www.benedictsol.com\/blogs\/axel-needs-new-manufacturing-equipment-two-companies-can\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-184182","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/184182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=184182"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/184182\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=184182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=184182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=184182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}