Answer:
Step by step explanation:help
There are infinitely many solutions.
Algebraically, we can eliminate
and try to solve for
:

Then



which is the equation of an ellipse.
Answer: 6x squared minus 17x minus 14
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