Answer:
$3,765.26
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash Flow in year 1 = $ 820
Cash Flow in year 2 = 1,130
Cash Flow in year 3 = 1,390
Cash Flow in year 4 = 1,525
I = 10
PV = $3,765.26
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
The best answer would be answer choice c.
Answer:
Corporate dropouts
Explanation:
People become entrepreneurs for various reasons. Some have the internal drive to create something or provide a service and become entrepreneurs from a young age.
<u>Some others work for a period of time in an organization and due to certain factors, decide to quit their jobs to become entrepreneurs</u>. Such entrepreneurs are <u>corporate dropouts</u>.
They usually have some experience from their previous jobs that may be useful to them as entrepreneurs.
Billy and Sally are examples of entrepreneurs who are corporate dropouts.