Singing Fish Fine Foods has $ 2,090,000 for capital investments this year and is considering two potential projects for the funds. Project 1 is updating the store's deli section for additional food service. The estimated after-tax cash flow of this project is $
580,000 per year for the next five years. Project 2 is updating the store's wine section. The estimated annual after-tax cash flow for this project is $
500,000 for the next six years. If the appropriate discount rate for the deli expansion is
9.7% and the appropriate discount rate for the wine section is
9.0%, use the NPV to determine which project Singing Fish should choose for the store. Adjust the NPV for unequal lives with the equivalent annual annuity. Does the decision change?

The rate of decay of a radioactive substance depends upon the amount present initially. the mass y (mg) of the radioactive substance cobalt-60 present in a sample at time t (years) is represented by the exponential equation y=50e −0.1315 t . answer the following questions in complete sentences. 1. how does the exponential equation above compare to the equation for simple interest that is compounded continuously? explain the similarities. 2. what is the initial amount of cobalt-60 in the sample? 2. how much cobalt-60 is left after 8.4 years? show your work. 3. what would be the y-intercept of the graph? what does it represent? 4. after how many years will the amount of cobalt-60 left be 6.25 mg? explain what happens to the cobalt-60 after 50 years? 5. discuss some “real-world” examples and uses of cobalt-60

Identify the graph of y = ln x + 1.

It takes an ant farm 3 days to consume 1/2 of an apple. at that rate, in how many days will the ant farm consume 3 apples