Answer:
$27,643
Step-by-step explanation:
The net present value is the present value of after tax cash flows from an investment less the amount invested.
The formula for the NPV can be found in the attached image.
The NPV can be found using a financial calculator:
The cash flow for year zero = $-36,000
Cash flow from year one to three = $19,000
Cash flow for year four =$19,000 + $5,000 = $24,000
I = 10%
NPV = $27,643
I hope my answer helps you
9 out of 12 = 9/12 which can be simplified to 3/4. So the team wins 3/4 of its games. 3/4 of 64 = 64 divided by 4 = 16. 16 x 3 = 48.
First, find the slope of the initial line;
m=(y₁-y₂)/(x₁-x₂)
m=(4-0)/(11-8)
m=4/3
If two lines are parallel, the slope is the same although the intercept can differ.
If this parallel lines passes through the point (4, 5);
y=(4/3)x+c <-- plug in coordinates to solve for c
5=(4/3)(4)+c
(15/3)=16/3+c
(15/3)-(16/3)=c
-1/3=c
Therefore, the final equation should be y=4/3x-1/3
Hope I Helped :)
Your answer is 9 is in the hundred thousands place because it is 9 hundred and sixty eight thousand and six hundred and foutry six.