Please answer this question now in two minutes
1 answer:
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Answer:
Grant will make $60 from selling 12 magazines.
Step-by-step explanation:
Let m represent number of magazine sold and A represent amount of money earned.
We have been given that Grant earns $5 for each magazine he sells. So amount earned from m magazines would be 5 times m that is dollars.
Now, we will equate total amount earned by Grant with A as:
Therefore, our required equation would be .
To find the amount earned by Grant by selling 12 magazines, we will substitute in our equation as:
Therefore, Grant will make $60 from selling 12 magazines.
Answer:
$27,643
Step-by-step explanation:
The net present value is the present value of after tax cash flows from an investment less the amount invested.
The formula for the NPV can be found in the attached image.
The NPV can be found using a financial calculator:
The cash flow for year zero = $-36,000
Cash flow from year one to three = $19,000
Cash flow for year four =$19,000 + $5,000 = $24,000
I = 10%
NPV = $27,643
I hope my answer helps you
