The < is just like and equal sign just looks a little different think of it that was for the first couple steps. So you have 13-3y<-5. First do, -5+13=8. Now you have -3y<8. Then your want to do 8 divided by -3 and you get=-2.666666667 and that equals y.
-2.7=y then make that equal sign into the normal sign again. -2.7
A number in the tens place 84
Answer:
a
Step-by-step explanation:
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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)
