Answer:
Total PV= $522.92
Explanation:
Giving the following information:
First payment= $450 at the end of the 7th year
Second payment= $450 at the end of the 12 year
Interest rate= 6% compounded annually
<u>To calculate the present value, we need to use the following formula on each payment:</u>
PV= FV/(1+i)^n
Cf1= 450/1.06^7= 299.28
Cf2= 450/1.06^12= 223.64
Total PV= $522.92
Answer:
Acrophobia
Explanation:
Acrophobia sometimes develops in response to a traumatic experience involving heights, such as: falling from a high place. watching someone else fall from a high place. having a panic attack or other negative experience while in a high place.
Answer:
$1.97
Explanation:
EBIT/9,000 = [EBIT - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EBIT / 9,000 = [EBIT - $1,825] / 8074.07
EBIT = $17,739
EPS = [EBIT - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EPS = [$17,739 - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EPS = $1.97
