Answer:
James is 37, Rob is 44, and Kate is 35
Step-by-step explanation:
Set up an equation where x is James' age:
Rob's age can be represented by x + 7, since he is 7 years older than James
Kate's age can be represented by x - 2, since she is 2 years younger than James
Add these together in the equation and set it equal to 116:
(x + 7) + (x - 2) + (x) = 116
Add like terms and solve for x:
(x + 7) + (x - 2) + (x) = 116
3x + 5 = 116
3x = 111
x = 37
So, James is 37.
Find Rob's age by adding 7 to this:
37 + 7
= 44
Find Kate's age by subtracting 2:
37 - 2
= 35
So, James is 37, Rob is 44, and Kate is 35
Answer:
You already did the question.
Step-by-step explanation:
What's there to simplify?
5+7 = 5+7
It's just recursive.
Answer:
$265.65
Step-by-step explanation:
Given :
WACC: 9.00%
Year 0 1 2 3 Cash flows (-$1,000) $500 $500 $500
The NPV is calculated thus :
Initial cashflow + Σ additional cash flows / (1 + r)
Rate, r = 9% = 0.09
(1 + r) = (1 + 0.09) = 1.09
NPV = - 1000 + (500 / (1.09)¹ + (500 / 1.09)² + (500 / (1.09)³
NPV = - 1000 + 458.71559 + 420.83999 + 386.09174
NPV = 265.64732
NPV = 265.65 (2 DECIMAL PLACES)
Step 1. Add 6 to both sides
a ≥ 1 + 6
Step 2. Simplify 1 + 6 to 7
a ≥ 7
