I'm not totally sure the exact answer, or if this even helps, but the Y intercept is changing from -2 to 5
Answer:
First differences means take the ordered pairs in increasing order for their x coordinates (assuming the x's go by ones), then subtract each y (except the last) from the y that comes after it. Keep doing that and you get the first differences. (The second differences would be what you get if you then subtract each of the first differences from the one that came after it (TMI probably but ...)
Say the points were (1,3), (2,7), (3,11) and (4,15). The first differences are
7-3 = 4
11-7 = 4
15 - 11 = 4 all 4. This would also be the slope. So that is the relationship - they are the same.
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)
12.2 calculate approximate value 1.22803