Your firm will pay $37,000 to purchase and install a new machine. Maintenance and other costs will result in operating cash outflows of $3,000 per year for 18 years. The firm uses a discount rate of 12.5%. What is the Equivalent Annual Cost (EAC) of the machine?  (Round your answer to the nearest whole dollar, and enter it as a positive value. Do not enter the dollar symbol or any commas. For example, if your answer is $1,234.56789, enter 1235. Do not worry if Canvas adds commas.)

A project has a degree of operating leverage of 1.06. If the number of units sold increases by 3.25%, the operating cash flows would be expected to experience a:

This morning you invested $20,000 in an account that earns 8.5% per year, compounded monthly. When the account reaches $171,200 in value, you will start providing scholarships to future ENM students. How many years will it take before you can start providing scholarships? (Enter your answer to the nearest tenth of a year. For example, if your answer is 123.456789, enter 123.5. Do not worry if Canvas truncates trailing zeros.)

Several investors co-own shares of a project. The co-owners received an annual payment of $3.50 per share yesterday. Analysts expect the project to increase its annual payment by 11% each year for three years in a row. Thereafter, it is expected that the payment will grow at an annual rate of 5.5%, forever. If the co-owners require a rate of return of 17%, what is one share of the project worth today? (Round your answer to the nearest penny. Do not enter the dollar symbol or any commas. For example, if your answer is $1,234.56789, enter 1234.57. Do not worry if Canvas adds commas or truncates trailing zeros.)

Your firm will pay $32,500 to purchase and install a new machine. Maintenance and other costs will result in operating cash outflows of $3,000 per year for 14 years. The firm uses a discount rate of 14.7%. What is the Equivalent Annual Cost (EAC) of the machine?  (Round your answer to the nearest whole dollar, and enter it as a positive value. Do not enter the dollar symbol or any commas. For example, if your answer is $1,234.56789, enter 1235. Do not worry if Canvas adds commas.)

Your firm will pay $53,500 to purchase and install a new machine. Maintenance and other costs will result in operating cash outflows of $7,000 per year for 14 years. The firm uses a discount rate of 17.1%. What is the Equivalent Annual Cost (EAC) of the machine?  (Round your answer to the nearest whole dollar, and enter it as a positive value. Do not enter the dollar symbol or any commas. For example, if your answer is $1,234.56789, enter 1235. Do not worry if Canvas adds commas.)

Several investors co-own shares of a project. The co-owners received an annual payment of $5.75 per share yesterday. Analysts expect the project to increase its annual payment by 9% per year for three years in a row. Thereafter, it is expected that the payment will grow at an annual rate of 3.5%, forever. If the co-owners require a rate of return of 11.5%, what is one share of the project worth today? (Round your answer to the nearest penny. Do not enter the dollar symbol or any commas. For example, if your answer is $1,234.56789, enter 1234.57. Do not worry if Canvas adds commas or truncates trailing zeros.)

This morning you invested $21,200 in an account that earns 10.5% per year, compounded monthly. When the account reaches $143,700 in value, you will start providing scholarships to future ENM students. How many years will it take before you can start providing scholarships? (Enter your answer to the nearest tenth of a year. For example, if your answer is 123.456789, enter 123.5. Do not worry if Canvas truncates trailing zeros.)

This morning you invested $22,000 in an account that earns 7.5% per year, compounded monthly. When the account reaches $188,320 in value, you will start providing scholarships to future ENM students. How many years will it take before you can start providing scholarships? (Enter your answer to the nearest tenth of a year. For example, if your answer is 123.456789, enter 123.5. Do not worry if Canvas truncates trailing zeros.)

This morning you invested $22,000 in an account that earns 7.5% per year, compounded monthly. When the account reaches $188,320 in value, you will start providing scholarships to future ENM students. How many years will it take before you can start providing scholarships? (Enter your answer to the nearest tenth of a year. For example, if your answer is 123.456789, enter 123.5. Do not worry if Canvas truncates trailing zeros.)