Cheryl Peck Purchased a Computer Network for Her Classroom

question 82

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 16 percent, what is the approximate net present value?

• A) $19,156
• B) $22,881
• C) $35,471
• D) $87,500

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Definitions:

Health And Mental Health Care

A broad field that encompasses various services and interventions aimed at promoting physical well-being and addressing mental health issues, ensuring a holistic approach to healthcare.

Barely Improved

A term describing minimal or insignificant progress or change in a condition or situation after an intervention or over time.

Ethnically Similar Therapists

Therapists who share the same ethnic background as their clients, potentially facilitating better understanding and comfort due to shared cultural experiences.

Racial Minority Groups

Ethnic groups that are smaller in number within a particular society or nation, often facing disparities in power and privilege.