Jay Don't upload any image please Light emitting diode (LEDs) light bulbs have become required in recent years, but dothey make financial sense? Suppose a typical 60-watt incandescent light bulb costs $.53and lasts for 1,000 hours. A 15-watt LED, which provides the same light, costs $3.80 andlasts for 12,000 hours. A kilowatt hour of electricity costs $.129. A kilowatt-hour is 1,000watts for 1 hour. However, electricity costs actually vary quite a bit depending on locationand user type. An industrial user in West Virginia might pay $.04 per kilowatt-hourwhereas a residential user in Hawaii might pay $.25. You require a return of 9percent and use a light fixture 500 hours per year. What is the break-even cost perkilowatt-hour? (Do not round intermediate calculations and round your answer to 6decimal places, e.g., 32.161616.)Break-even cost

Details of 60-watt incandescent bulbcosts = $0.53hours = 1,000 hoursDetails of 15-watt LED bulbcosts…

Light emitting diode (LEDs) light bulbs have becom they make financial sense? Suppose a typical 60-watt and lasts for 1,000 hours. A 15-watt LED, which provid lasts for 12,000 hours. A kilowatt hour of electricity c watts for 1 hour. However, electricity costs actually var and user type. An industrial user in West Virginia

Light emitting diode (LEDs) light bulbs have becom they make financial sense? Suppose a typical 60-watt and lasts for 1,000 hours. A 15-watt LED, which provid lasts for 12,000 hours. A kilowatt hour of electricity c watts for 1 hour. However, electricity costs actually var and user type. An industrial user in West Virginia

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

If you purchase 3 gallons of milk for $10.17, how much would 1-quart cost? How much would 1 fluid ounce cost? How much would 1 cup cost?
An online store sells two types of speaker docks for smartphones. The higher-priced speaker dock sells for $190 and the lower-priced speaker dock sells for $70. Last week the store sold four times as many lower-priced speaker docks as higher-priced speaker docks. Combined sales totaled $4,230. How many lower-priced speaker docks did it sell?The store sold, lower-priced speaker docks.
A health insurance policy pays 70 percent of physical therapy costs after a $200 deductible. In contrast, an HMO charges $13 per visit for physical therapy. How much would a person save with the HMO if he or she had 10 physical therapy sessions costing $45 each?
Your answer is partially correct. An independent contractor for a transportation company needs to determine whether she should upgrade the vehicle she currently owns or trade her vehicle in to lease a new vehicle. If she keeps her vehicle, she will need to invest in immediate upgrades that cost $5,200 and it will cost $1,300 per year to operate at the end of year that follows. She will keep the vehicle for 5 years; at the end of this period, the upgraded vehicle will have a salvage value of $3,800. Alternatively, she could trade in her vehicle to lease a new vehicle. She estimates that her current vehicle has a trade-in value of $9,800 and that there will be $4,100 due at lease signing. She further estimates that it will cost $2,900 per year to lease and operate the vehicle. The independent contractor's MARR is 11%. Compute the EUAC of both the upgrade and lease alternatives using the insider perspective. Click here to access the TVM Factor Table Calculator. 1943.56 EUAC(keep): $…
You are considering buying a 30-HP electric motor which has an efficiency rating of 89%. The motor costs $10,000 and will be used for 10 years. The expected salvage value at that time is $1,000. The cost to run the electric motor is $0.09 per kWh for 2,000 hours a year. (1HP=0.7457kW.)(1 HP=0.7457 kW.) What is the total annual equivalent cost of owning and operating the motor for 10 years at an interest rate of 12% per year? Answer must be shown in Excel!
Assume “Jane” saves $10,000 per year for 10 years starting at age 25. At age 35 she no longer is able to save but leaves her accumulated savings invested until age 65 when she retires. Assume “John” does not begin saving until age 35, but then saves $10,000 per year until age 65 when he also retires. Assume John and Jane invest their entire wealth in the same mutual fund. Who accumulates a larger retirement nest egg? 1. Answer this question by building an Excel spreadsheet that allows you to show the difference in wealth at age 65 assuming an annual rate of return of 8%. Make sure your model allows you to change the assumed rate of return and automatically recalculate the difference in wealth at age 65. 2. At what assumed rate of return are John and Jane’s wealth at age 65 equal? Use “Goal Seek” in order to find this rate of return. 3. Create a graph to clearly show how final wealth for John and Jane depends on the rate of return. Start at 0% and increase the rate of return in…
A swim club is designing a new pool to replace its old pool. The new pool would need to last for 10 years since the club is planning on relocating after 10 years. A concrete shell would cost $85,000 and last for all 10 years. Another option is to install a vinyl liner that would cost only $70,000 to install. However, the vinyl is not guaranteed to last for all 10 years, and it has a 40% chance of breaking down. Repair of the vinyl would cost $40,000 and would extend the life of the vinyl liner to the 10-year mark. If both options are acceptable to the swim club, which one minimizes cost? Support your answer with drawing a decision tree and provide your calculation.
A mortgage loan in which a large portion of the borrowed principal is repaid at the and of the loan period is known as at A) FHA mortgage. B) balloon mortgage. C) qualified mortgage. D) deferred-payment mortgage.
A borrower is buying a primary residence with a purchase price of $200,000 and a loan amount of $170,000. The appraised value comes in at $210,000. What is the loan-to-value ratio for this transaction? A) 80.95% B) 85.00% C) 89.01% D) 95.24%
You deposited $4000 each year into an account earning 3% interest compounded annually. How much will you have in 25 years.
Multiple Choice As the discount rate increases, the present value of a positive cash flow to be received at a particular time in the future: gets closer to zero gets larger without limit stays unchanged gets smaller without limit
A grocery store sells a bag of 4 oranges for $2.84. How much would it cost for 5 oranges?