Compute the present value of $4800 paid in two years using the following discount rates: 8% in the first year and 7% in the second year.

Value 2 years from today 4%

Value one year from today5%

Present Value 6%

Step-by-step explanation:

312312

step-by-step explanation:

answer: 204

step-by-step explanation:

we are told that the revenue is

x⋅(4080−10x)=−10x^2+4080x

this is a quadratic function, so to maximize it we should find the x-value of its vertex. recall that the x-value of the vertex of the parabola ax^2+bx+c is given by the formula −b/2a.

so in this case, we have a=−10 and b=4080, so the x-value of the vertex is

−b/2a= −(4080)/2(−10)=204