480
To get this answer you simply multiply 4.8 by 100
Answer:
y = (-5/2)x + 27
Step-by-step explanation:
Use the point slope formula y = mx + b.
Replace m with -5/2, x with -8 and y with 7:
7 = (-5/2)(8) + b. Find the y-intercept, b:
7 = -20 = b, or b = 27
The equation of this line is y = (-5/2)x + 27.
The slope of a line is always zero because the line does not move up or down on the y-axis.
This cash flow is a perpetuity. To find the present value of perpetuity, we use the equation of
Pv=C÷r
Pv=39,000÷0.058
Pv=672,413.79