Jenni's Diner has expected net annual cash flows of $16,200, $18,600, $19,100, and $19,500 for the next four years, respectively. At the end of the fourth year, the diner is expected to be worth $57,900 cash. What is the present value of the diner at a discount rate of 11.6 percent

Present value=$93,090.25

Explanation:

The worth of the dinner is the sum of the present value of the individual annual cash flows and the its value at the end of year 4.

Present Value = Cash flow× (1+r)^(-n)

r- discount rate , n- number of year

Present value = 16,200 × 1.116^(-1) + 18,600 ×1.116^(-2) + 19,100 × 1.116^(-3)  + 19,500 × 1.116^(-4) + 57,900× 1.116^(-4)

Present value= 93,090.248

Present value=$93,090.25

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order: