Answer:
Net Present Value (NPV) is 506
Explanation:
See document attached. To get the net present value, we make a cash flow in excel.
At moment 0 we have the investment cost , in this case $13,400. From period 1 to period 4, we have different incomes. Then, we calculate the Net cash flow that is the difference between benefits and cost.
To get net present value, we use VNA formula.
=VNA(required rate of return; Net cash flow from moment 1 to moment 4 )+Net cash flow at moment 0
Answer:
agriculture
Explanation:
because they study plants/geology
PayPal is an online stored value payment system. Hope this helps.
Answer:
The correct answer is A. Rehabilitation Act.
Explanation:
The Rehabilitation Act of 1973, often called the Rehabilitation Act, prohibits disability discrimination in programs conducted by federal agencies, in programs that receive federal financial assistance, in federal employment, and in employment practices of federal contractors.
Section 504 says that “no individual qualified as a person with a disability in the United States will be excluded from, or denied the benefits of, or be subject to discrimination below” any program or activity that obtains federal financial aid or is conducted by an administrative agency or Postal Service of the United States.
Answer:
16 years
Explanation:
we can use the present value of an annuity due formula:
PV of annuity due = payment + {payment x [1 - (1 + r)ⁿ⁻¹]/r}
- present value = 7,000
- payment = 650
- r = 0.059
7,000 = 650 + {650 x [1 - (1 + 0.059)ⁿ⁻¹]/0.059}
6,350 = 650 x [1 - (1 + 0.059)ⁿ⁻¹]/0.059
6,350 / 650 = 9.769230769 = [1 - (1 + 0.059)ⁿ⁻¹]/0.059
9.769230769 x 0.059 = [1 - (1 + 0.059)ⁿ⁻¹]
0.576384615 = 1 - (1 + 0.059)ⁿ⁻¹
(1 + 0.059)ⁿ⁻¹ = 0.423615384
n - 1 = log 0.423615384 / log 1.059 = 0.373028275 / 0.02489596 = 14.98336571
n = 14.98336571 + 1 = 15.98336571
if an attorney remains am ember for at least 16 years (16 ≥ 15.98336571), then the lifetime membership fee is better