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On page 7, what are the equations to get the answer or what is being calculated? https://www.coursehero.com/u/file/22008692/Financial-Decisions-Chapters-1-and-2-Practice-Problems-Part-II-FA16-with-Answers-1/?justUnlocked=1#doc/qa

On page 7, what are the equations to get the answer or what is being calculated?

https://www.coursehero.com/u/file/22008692/Financial-Decisions-Chapters-1-and-2-Practice-Problems-Part-II-FA16-with-Answers-1/?justUnlocked=1#doc/qa

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