Michaels, Inc., purchased a machine for $75,000. The machine has a useful life of five years and no salvage value. Straight-line depreciation is to be used. The machine is expected to generate cash flow from operations, net of income taxes, of $25,000 in each of the five years. Michaels' expected rate of return is 10%. Information on present value factors is as follows:

Period Present Value of $1 at 10% Present value of ordinary annuity of $1 at 10%
1 0.90909 0.90909
2 0.82645 1.73554
3 0.75132 2.48685
4 0.68301 3.16986
5 0.62092 3.79079

What would be the net present value?
Please provide step by step explanations in your answer.
Thanks!

answer: 2/4

step-by-step explanation:

y < -3

step-by-step explanation:

-3y - 2 > 7

-3y -2 + 2 > 7+2

-3y > 9

-3y/-3 < 9/-3   (change the inequality sign when multiplying or dividing by a negative number)

y < -3

x ≥ 18 is your answer

step-by-step explanation:

let "a number" = x

(2/3)x + 17 ≥ 29

isolate the variable (x). do the opposite of pemdas (parenthesis, exponent (& root), multiplication, division, addition, subtraction).

first, subtract 17 from both sides.

(2/3)x + 17 (-17) ≥ 29 (-17)

(2/3)x ≥ 29 - 17

(2/3)x ≥ 12

next, multiply 3/2 to both sides to isolate the x

(3/2)(2/3)x ≥ 12(3/2)

x ≥ 12(3/2)

simplify. multiply, then divide

x ≥ (12 * 3)/2

x ≥ (36)/2

x ≥ 18

x ≥ 18 is your answer

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