document.write( "Question 944061: Hello,
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document.write( "NPV= [-$310000 x P] + [ $207000 x 0.48] + [ $398000 x (1 - 0.48 - P)]
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document.write( "I am a finance major and am drawing a blank as to how to solve for P.
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document.write( "If you could help I would appreciate it.
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document.write( "Thank you. \n" );
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Algebra.Com's Answer #575619 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! NPV= [-$310000 x P] + [ $207000 x 0.48] + [ $398000 x (1 - 0.48 - P)] \n" ); document.write( "Do the math and write it as: \n" ); document.write( "NPV = [-310000P] + 99360 + [398000(.52 - P)] \n" ); document.write( "More math \n" ); document.write( "NVP = -310000P + 99360 + 206960 - 398000P \n" ); document.write( "Gather like terms \n" ); document.write( "NVP = -310000P - 398000P + 306320 \n" ); document.write( "NVP = -708000P + 306320 \n" ); document.write( "708000P + NVP = 306320 \n" ); document.write( "P(708000 + NV) = 306320 \n" ); document.write( "P = |