The concept of present value lets us know that the doggy estate worth in today's dollars is $180614.80
<h3>What is the present value of the doggy estate worth?</h3>
The concept of present value is significant because it enables investors to determine whether the amount they pay for an investment is reasonable. The present value of a future cash flow defines how much it is worth in today's value.
From the given information:
- The annual cashflow C = $20,000
- Interest rate (i) = 4.2% = 0.042
- Number of period (n) = 11
Thus, the present value of the doggy estate can be calculated by using the formula;
![\mathbf{PV = C \times \Big [ \dfrac{1 - \dfrac{1}{(1+i)^n}}{i}\Big] \times (1+i)}](https://tex.z-dn.net/?f=%5Cmathbf%7BPV%20%3D%20C%20%5Ctimes%20%5CBig%20%5B%20%5Cdfrac%7B1%20-%20%5Cdfrac%7B1%7D%7B%281%2Bi%29%5En%7D%7D%7Bi%7D%5CBig%5D%20%5Ctimes%20%281%2Bi%29%7D)
![\mathbf{PV = 20000 \times \Big [ \dfrac{1 - \dfrac{1}{(1+0.042)^{11}}}{0.042}\Big] \times (1+0.042)}](https://tex.z-dn.net/?f=%5Cmathbf%7BPV%20%3D%2020000%20%5Ctimes%20%5CBig%20%5B%20%5Cdfrac%7B1%20-%20%5Cdfrac%7B1%7D%7B%281%2B0.042%29%5E%7B11%7D%7D%7D%7B0.042%7D%5CBig%5D%20%5Ctimes%20%281%2B0.042%29%7D)
PV = $180614.80
Learn more about how to calculate the Present value here:
brainly.com/question/15904086
Well, you cannot base your answer off of what (EVERY) Christian would think, but some of them are forgiving, just as the bible says to do, and they would try to help them. As to where some Christians who do not follow the laws of the bible, they judge and do not forgive. But all in all, criminals do not have the best rep, and most of the time deserve where they are supposed to be. So, most Christians would stay away, but pray for them.
Based on the passage, one way in which the situation in the late 19th century affected the vision of Africa's future is by shattering it.
<h3>What does the excerpt state?</h3>
The except in the third paragraph talks about a vision of the future of Africa where the British control the entire continent.
This vision was shattered by the Scramble for Africa in the late 19th century that saw other European powers gaining colonies in Africa which meant that the British would never control the entire continent.
Find out more the Scramble for Africa at brainly.com/question/988071.
