Answer:
Present value is $993.47
Step-by-step explanation:
PV = present value
Fv = future value = $1,600
Discount (i) = 10%
N = Years = 5
The formula for this is given by:
PV = FV/(1 + i)^N
PV = $1600/(1 + 0.10)^5
PV = $1600/1.1^5
PV = $1600/1.61051
PV = $993.47
Answer:
The number of tickets must be sold is 2500
Step-by-step explanation:
The charge for each ticket = $ 5
The concessions amount = $ 1400
The amount paid to players = $ 2000
The amount paid to workers = $ 1600
The cost of each bag given to each fan = $ 3 per bag
Let The number of tickets sold = x
Now, number of ticket sold = number of fans = x
So, According to question
( charge per ticket × number of fans - cost of each bag × number of fan - concession amount ) = amount paid to players + amount paid to workers
Or, $5 x - $3 x - $1400 = $2000 + $1600
Or, $2 x = $3600 + $1400
Or, $2 x = $5000
∴ x =
= 2500
Hence Answer
Answer:
180 degrees are in a triangle.