Suppose there is a series of cashflows that lasts n + 1 periods, {at}t , 0 ≤ t ≤ n, and that is growing at constant rate g, i. e. at = (1 + g) ta0, ∀t. the discount rate is fixed at r and assume g < r. find an expression for the discounted present value of the cashflows at time 0. formally, find an expression for s = a0 + a1 1+r + + an (1+r) n

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.