Answer:
NPV = $13,676.33
Step-by-step explanation:
First, find the present value of the cash inflows. You can solve this question using a Financial calculator;
14,000 per year is a recurring cashflow hence the PMT
PMT = 14,000
I/Y = 10%
N= 9
FV =0
then CPT PV = 80,626.33
NPV = -Initial investment + PV of future cash inflows
NPV = -66,950 + 80,626.33
NPV = $13,676.33
"NPV" button, then , then "CPT".
The answer to the NPV = $13,676.33
Answer:
The number of children's tickets sold was 31 and the number of adult tickets sold was 2
Step-by-step explanation:
Let
x ---> the number of children's tickets sold
y ---> the number of adult tickets sold
we know that
the theater sold 33 tickets
so
-----> equation A
the theater made a total of $158.50
so
----> equation B
Solve the system by graphing
Remember that the solution of the system is the intersection point both graphs
using a graphing tool
The solution is the point (31,2)
see the attached figure
therefore
The number of children's tickets sold was 31 and the number of adult tickets sold was 2
-7 and positive 6. if you multiply a negative by a positive it will always be a negative.
There is .82% chance they will have the same bdays
Answer:
y=-6 that would be it. remember slope is rise over run