Answer:
Present Value = $1666666.67
Step-by-step explanation:
Present Value of a Growing Perpuity is calculated using the following formula
PV =D/(r - g)
Where D = Dividend
r = Discount Rate
g = Growth rate
D = $50,000
r = 7%
r = 7/100
r = 0.07
g = 4%
g = 4/100
g = 0.04
PV = D/(r-g)
Becomes
PV = $50,000/(0.07-0.04)
PV = $50,000/0.03
PV = $1,666,666.67
So the Present Value of the perpuity is $1,666,666.67
Answer:
B. In general, the shoe size of a student does not affect the number of books collected.
Step-by-step explanation:
10850 would be I'm favor of building the park and 4650 would not
If you add $15 + $27 because that's how much it costs for each student, you get $42. Then you divide $714 by $42, you get 17 and that's how many students are in the class this month.
