Cheryl Peck Purchased a Computer Network for Her Classroom

question 4

Multiple Choice

Cheryl Peck purchased a computer network for her classroom.The computer network cost $100,000.She estimates that she can charge $500 for one session in the classroom.Cheryl knows that enrollment will increase over time.She estimates 50 students the first year,75 students the second year,100 students the third year,and 150 students the fourth year.If her cost of capital is 12 percent,what is the approximate present value of the benefits?

• A)$187,500
• B)$135,471
• C)$119,156
• D)Cannot tell without more information.

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Definitions:

Civil Rights Agenda

A set of goals and policies aimed at eliminating discrimination and granting equal rights to all citizens, particularly focusing on racial minorities, in areas such as voting, education, employment, and housing.

Economic Divide

Describes the disparity in wealth and income between different socioeconomic groups within a society, often leading to various forms of inequality.

Public Schools

Educational institutions primarily funded and administered by the government, offering free education to students in a particular area.

Malcolm X

An African-American Muslim minister and human rights activist who was a prominent figure during the civil rights movement for advocating for the rights of blacks, often by any means necessary.