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)
#1 is b and #2 is also b ,, i think..so sorry if i’m wrong!
Answer:
In your change cup you have 28 coins. All of which are nickels and quarters. Together they add up to $4. How many coins do you have of each.
It is easier to solve by substitution.
*I'll be keeping the solutions in exact form*
So firstly, square root both sides. This will split the equation into two:
Next, add 1 on each side: 
Next, divide 3 on both sides, and your answers will be 
