Answer:
oki! I hope you don't get banned! But if you come back, that's great! :)
Step-by-step explanation:
The cash flow in year 1 is $15.
<h3>What is the cash flow in year 1?
</h3>
A growing perpetuity increases continuously and indefinitely.
Cash flow = present value x (rate of return - growth rate)
214 x (10% - 3%)
214 x 0.07 = $15
To learn more about present value, please check: brainly.com/question/17322936
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Answer:
Step-by-step explanation:
1) Number of children = c
Number of adults = a
Total ticket = 250
c + a = 250 -------------------(I)
Cost of 'c' children tickets = 200c
Cost of 'a' adult tickets = 450a
Total cost = 76000
200c + 450a = 76000 ------------------(II)
Multiply (I) by (-200) and then add
(I)*(-200) -200c - 200a = -50000
(II) <u> 200c + 450a = 76000 </u>
<u> </u> 250a = 26000
a = 26000/250
a = 104
Plug in a = 104 in equation (1)
c + 104 = 250
c = 250 - 104
c = 146
2)Number of children = 146
Number of adults = 104
