Answer:
year 13
Step-by-step explanation:
franklin's population is growing by 1000 people per year(5% of 20000 is 1000) and Chester is growing by 500 per year so at year 13 franklin will be at 32000 while Chester is at 31500
Answer:
Option A. 
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
$265.65
Step-by-step explanation:
Given :
WACC: 9.00%
Year 0 1 2 3 Cash flows (-$1,000) $500 $500 $500
The NPV is calculated thus :
Initial cashflow + Σ additional cash flows / (1 + r)
Rate, r = 9% = 0.09
(1 + r) = (1 + 0.09) = 1.09
NPV = - 1000 + (500 / (1.09)¹ + (500 / 1.09)² + (500 / (1.09)³
NPV = - 1000 + 458.71559 + 420.83999 + 386.09174
NPV = 265.64732
NPV = 265.65 (2 DECIMAL PLACES)
Actually,I believe it is the rule of 72
72/4.5 = 16 years
Answer:
My username is
Step-by-step explanation:
IloveSatorisamam
