CCP Exam Question 16

An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
Answer the question using a straight line depreciation and a 10% interest rate.
The following question requires your selection of CCC/CCE Scenario 17 (4.2.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What is the 25 year after tax present worth of this project?
  • CCP Exam Question 17

    An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
    Answer the question using a straight line depreciation and a 10% interest rate.
    If you buy a lot for $3,000 and sell it for $6,000 at the end of 8 years, what is your annual rate of return?
  • CCP Exam Question 18

    The purpose of a communication must be understood by ____________ if the message is to be clear to the
  • CCP Exam Question 19


    The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
    A reason for using a Construction Manager type agreement is:
  • CCP Exam Question 20

    In order to withdraw $400 at the end of each year for seven years, what amount should be deposited at 6.0% interest to leave nothing in the fund at the end of seven years?
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