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krek1111 [17]
3 years ago
12

Melanie made money over the summer mowing lawns in her neighborhood. She worked 35 days during the course of the summer. She mad

e a total of $971.25 from her work over the summer. Approximately how much did Melanie earn each day she worked? Show your work
Mathematics
1 answer:
sdas [7]3 years ago
5 0

Answer:

Step-by-step explanation:

earning each day=(971.25)/35=$27.75

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What is the profitability index of an investment with cash flows in years 0 thru 4 of -340, 120, 130, 153, and 166, respectively
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The profitability index of an investment with cash flows in years 0 thru 4 of -340, 120, 130, 153, and 166, respectively, and a discount rate of 16 percent is: 15%.

<h3>Profitability index</h3>

First step is to find the Net present value (NPV)  of the given cash flow using discount rate PVF 16% and PV of cash flow which in turn will give us net present value of 49.7.

Second step is to calculate the profitability index

Profitability index  = 49.7/340

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Profitability index=15%

Therefore the profitability index of an investment with cash flows in years 0 thru 4 of -340, 120, 130, 153, and 166, respectively, and a discount rate of 16 percent is: 15%.

Learn more about Profitability index here:brainly.com/question/3805108

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