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You Are Paid to Teach Classes for the University and Wonder

question 57

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You are paid to teach classes for the university and wonder how much money the university makes from your graduate-level classes.Based on historical data,you determine that your summer classes for the next seven years will generate an average annual revenue of $93,850.If you discount these cash flows at an annual rate of 8.30%,what is the present value of the expected cash flows?


Definitions:

Crown

The part of a tooth that is visible above the gum line, or the top portion of a dental implant that replaces the natural tooth.

Mesenteries

Folds of peritoneum that attach the intestines to the posterior abdominal wall, providing support and housing blood vessels, nerves, and lymphatic vessels.

Serosal Lining

A smooth membrane consisting of a layer of cells which secrete serous fluid, covering internal organs and cavities.

Mucosal Lining

The moist, protective tissue lining various organs and body cavities, such as the mouth, nose, and digestive tract.

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