Line segment of length k is divided into 3 equal parts.
so first segment is 0-k/3 and third segment is 2/3k-k
so mid-pt of 1st = k/6 and 3rd = 5/6k
so the distance in between = 5/6k-k/6 = 4/6k = 2/3k
This cash flow is a perpetuity. To find the present value of perpetuity, we use the equation of
Pv=C÷r
Pv=39,000÷0.058
Pv=672,413.79
B) the additive inverse of -3 is +3, so 17-(-3) = 20 is your answer.
Remember, two negatives = one positive, and so:
- (-3) = 3
17 + 3 = 20
Therefore, B is your answer
hope this helps
