Answer:
6776
Step-by-step explanation:
8℅ = 0.08
0.08 x 42350 = 3388
3388 x 2 = 6776
The present value of an annuity of n periodic payments of P at r% where payment is made annually is given by:
Given that <span>Estes
Park Corp. pays a constant dividend of P = $6.95 on its stock. The company
will maintain this dividend for the next n = 12 years and will then cease
paying dividends forever. If the required return on this stock is r = 10 % = 0.1.
Thus, the current share price is given by:
Therefore, the current share price is $47.36
</span>
Answer: 15x+30
Step-by-step explanation:
Answer: <u>N=0.019666a−0.983284 or</u>
<u>A=50.85n+50</u>
Step-by-step explanation:
Let's solve for n.
a=50+50.85n
Step 1: Flip the equation.
50.85n+50=a
Step 2: Add -50 to both sides.
50.85n+50+−50=a+−50
50.85n=a−50
Step 3: Divide both sides by 50.85.
50.85n
50.85
=
a−50
50.85
n=0.019666a−0.983284
Let's solve for a.
a=50+50.85n