Answer:
Step-by-step explanation:
present value of dividend for three years =
2.50 x 1.2 / 1.15 + 2.5 x 1.2² / 1.15² + 2.5 x 1.2³ / 1.15³
= 2.6087 + 2.722 + 2.84
= 8.17
present value of future cash flow after three years
= 2.5 x 1.2³ x 1.08 / .15 - .08
66.65
present value
= 66.65 / 1.15³ = 43.823
Total present value = 43.823 + 8.17
= 52 approx .
First option. The inequality can be split into two separate inequalities.
The answer would be 6 3/8
Hope this helps c:
So what you do,is you add them together to get 13/10 but then you can also simplify it but you can keep the answer to 13/10
So the numerator of your fraction (the top number) is the amount that was cut. The denominator (the bottom number) is the total amount of rope. So, your fraction would be 2/12. You can still simplify that by dividing both the numerator and denominator by 2 and end up with 1/6. Does that make sense? If you need any more help, go ahead and message me :)
