Answer:
The monetary value is $24,201.23
Explanation:
Giving the following information:
Cash flows:
Year 1= $6,800
Year 2= 6,800
Year 3= 6,800
Year 4= $15,000.
The discount rate is 15 percent.
We need to discount each cash flow to the present value:
PV= FV/(1+i)^n
Year 1= 6,800/1.15= 5,913.04
Year 2= 6,800/1.15^2= 5,141.78
Year 3= 6,800/1.15^3= 4,471.11
Year 4= 15,000/ 1.15^4= 8,576.30
Total= $24,201.23
<span>Generally,
it is during the colder seasons that glaciers tend to advance downward, causing
further erosional landforms. Items below
are facts regarding Glaciers according from the <span>National Oceanic and Atmospheric Administration
(NOAA) who studies the skies and the oceans: </span></span>
<span>1. </span><span>Approximately
10 percent of Earth's land is covered with glaciers.
</span>
<span>2. </span>Glaciers covered 32 percent of land during the last
Ice Age.
<span>3. </span>Glaciers store about 75 percent of the world's fresh
water.
<span>4. </span>Antarctic ice is more than 2.6 miles approximately
4,200 meters thick in some areas.
<span>5. </span>If all land ice melted, sea level would rise
approximately 230 feet (70 meters) worldwide.
