Step-by-step explanation:
Step 1: Write down the percent divied by 100 like this: percent/100
Step 2: If the percent is not a whole number, then multiple both top and bottom by 10 for every number after the decimal point. (for example, if there is on number after the decimal, then use 10, if there are two then use 100, ect.)
Step 3: simplify.(or reduce) the fraction
Answer:
Step-by-step explanation:
x=20
Reorder the terms:
(2 + 5x) = 3(x + 14)
Remove parenthesis around (2 + 5x)
2 + 5x = 3(x + 14)
Reorder the terms:
2 + 5x = 3(14 + x)
2 + 5x = (14 * 3 + x * 3)
2 + 5x = (42 + 3x)
Solving
2 + 5x = 42 + 3x
Solving for variable 'x'.
Move all terms containing x to the left, all other terms to the right.
Add '-3x' to each side of the equation.
2 + 5x + -3x = 42 + 3x + -3x
Combine like terms: 5x + -3x = 2x
2 + 2x = 42 + 3x + -3x
Combine like terms: 3x + -3x = 0
2 + 2x = 42 + 0
2 + 2x = 42
Add '-2' to each side of the equation.
2 + -2 + 2x = 42 + -2
Combine like terms: 2 + -2 = 0
0 + 2x = 42 + -2
2x = 42 + -2
Combine like terms: 42 + -2 = 40
2x = 40
Divide each side by '2'.
x = 20
Simplifying
x = 20
The NPV of this investment if the discount rate is 10 percent is: 1.58%.
<h3>Net present value (NPV)</h3>
Year Cash flow PVIF 10% Present value
0 ($11.86) 1.000 ($11.86)
1 1.90 0.909 $1.73
2 1.90 0.826 $1.57
3 1.90 0.751 $1.43
4 1.90 0.683 $1.30
5 1.90 0.621 $1.18
6 1.90 0.564 $1.07
7 1.90 0.513 $0.98
8 1.90 0.467 $0.89
9 1.90 0.424 $0.81
10 6.45 0.386 $2.49
NPV $1.58
1.9+5.25-2×35%=6.45
Hence, the NPV is $1.58.
Learn more about NPV here:brainly.com/question/17185385
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