To calculate the present value we shall proceed as follows: from the present value table, the percentage corresponding to discount factor of 0.7008 in 5 years is 7% therefore using the formula: FV=PV(1+r/100)^n where: FV=$1000 PV=? r=7%
3t+1 The t stands for tent, and is being multiplied by 3 because there is always going to be 1 tent for every 3 campers. Plus one, for the camp leader.
Esma can fit 3 packages in the box because 20+10+10=30 and 5+2+2=9 so if you add up 9 three times you get 27 and that is the closest number you can get before going over.
