The salvage value on a piece of equipment for excavators, inc. is expected to be $10,000 in 12 years. if the discount rate is 8%, what is the present value of the equipment's salvage value? a : $3,220 b : $4,039 c : $3,971 d : $3,168

correct option is  C : $3,971

Explanation:

given data

salvage value = $10,000

time = 12 year

rate = 8 %

to find out

what is the present value of the equipment's salvage value

solution

we get here present value of the equipment salvage value that is express as

present value of the equipment = $10000 × Present value of discounting factor

put here value we get

=

=

= 3971

so correct option is  C : $3,971

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

ok this has nothing to do with business