Ashanti Goldfields, wanted to undertake a project which will costs GH 30,000 now and is expected to generate year –end cash inflows of GH 9000, GH 8000, GH 7000, GH 6000, GH5000 and GH 4000 in years 1 through 6.The opportunity cost of capital may be assumed to be 10 percent.

I strongly believe that NPV of the project is the requirement of this question:

NPV is -$486.82

Step-by-step explanation:

The NPV is the present value of the future cash flows from year 1 through year 6 minus the initial capital investment of GH30,000

The cash flow discount factor =1/(1+r)^n

r is the opportunity cost of capital at 10%

n is the relevant year of each cash flow

NPV=-30,000+9000/(1+10%)^1+8000/(1+10%)^2+7000/(1+10%)^3+6000/(1+10%)^4+5000/(1+10%)^5+4000/(1+10%)^6=-$486.82

The project is not viable since NPV is negative

2/3x + 7 = 29

step-by-step explanation:

two thirds = 2/3

plus a number = x

at least 29 = 29

there for you should get 2/3x + 7 = 29

this linear equation would have just one solution.

step-by-step explanation:

the reason why this would have one solution is that it is an expression with just one variable. since that variable is not raised to a power, it will always have just one solution.