Answer:
NPV = $13,676.33
Step-by-step explanation:
First, find the present value of the cash inflows. You can solve this question using a Financial calculator;
14,000 per year is a recurring cashflow hence the PMT
PMT = 14,000
I/Y = 10%
N= 9
FV =0
then CPT PV = 80,626.33
NPV = -Initial investment + PV of future cash inflows
NPV = -66,950 + 80,626.33
NPV = $13,676.33
"NPV" button, then , then "CPT".
The answer to the NPV = $13,676.33
Answer:
70
Step-by-step explanation:
1450 is what would be in her bank account after 15 years
Answer:
4.52 x 10^-7
Step-by-step explanation:
you have a very small number (numbers to right of decimal) so you're exponent will be negative.
Answer:
$0.74 per pound of potatoes
Step-by-step explanation: $37 divided by 50 pounds (37/50) = 0.74
