Answer:
v=2
Step-by-step explanation:
9v=16+v
9v-v=16
8v=16
v=16/8
v=2
So Basically, these are similar. So that means that (2x/5.5)=(3x-3/7.5). Then when you cross multiply, you find that x=11. So that means BA/FE=22/5.5=4. You can verify by checking (3*11-3)/7.4=4. So now that you know the scale factor is 4, just do 4*8=32.
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
