Identify Equation Structure: Identify the given equation and understand its structure.The equation is a financial equation that seems to involve present value calculations for different cash flows. It is structured as follows:1170.16=[C×(1×(1)/((1+0.08)(5))/(0.08)]+[0.4×(1000+2C)×(1)/((1+0.08)(5))]+[0.6×(C×(1−(1)/((1+0.12)(15))/(0.12)+(1000)/((1+0.12)(15)))×(1)/((1+0.08)(5))]We need to solve for C.
Calculate Present Value Factors: Simplify the equation by calculating the present value factors for the discount rates 8% and 12% for the respective periods.First, calculate the present value factor for a period of 5 years at an 8% discount rate:(1+0.08)5
Substitute and Simplify Equation: Perform the calculation for the present value factor at 8% for 5 years.(1+0.08)5=(1.08)5≈1.46933
Combine and Solve for C: Calculate the present value factor for a period of 15 years at a 12% discount rate: (1+0.12)15
Clear Denominators and Calculate: Perform the calculation for the present value factor at 12% for 15 years.(1+0.12)15=(1.12)15≈5.47395
Add Coefficients and Multiply Constants: Substitute the present value factors back into the equation and simplify.\(1170.16 = \left[C \times \left(\frac{1}{1.46933}\right) / 0.08\right] + \left[0.4 \times \left(1000 + 2C\right) / 1.46933\right] + \left[0.6 \times \left(C \times \left(1 - \frac{1}{5.47395}\right) / 0.12\right) + \frac{1000}{5.47395}\right] / 1.46933Now, we need to simplify each term.
Combine C Terms and Subtract Constants: Simplify the first term of the equation:C×(1/1.46933)/0.08=C/(1.46933×0.08)=C/0.1175464
Calculate Coefficients Sum: Simplify the second term of the equation:0.4×(1000+2C)/1.46933=(400+0.8C)/1.46933
Divide to Solve for C: Simplify the third term of the equation:0.6×(C×(1−1/5.47395)/0.12)+1000/5.47395=0.6×(C×(5.47395−1)/(5.47395×0.12))+182.709
Perform Division to Find C: Simplify the third term further: 0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709
Perform Division to Find C: Simplify the third term further: 0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=0.1175464C+1.46933(400+0.8C)+4.0861C+182.709Combine like terms and solve for C.
Perform Division to Find C: Simplify the third term further:0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=0.1175464C+1.46933(400+0.8C)+4.0861C+182.709Combine like terms and solve for C.Combine the C terms and constant terms:1170.16=0.1175464C+1.469330.8C+4.0861C+182.709To combine the C terms, we need to find a common denominator or multiply through by the denominators to clear them.
Perform Division to Find C: Simplify the third term further:0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=0.1175464C+1.46933(400+0.8C)+4.0861C+182.709Combine like terms and solve for C.Combine the C terms and constant terms:1170.16=0.1175464C+1.469330.8C+4.0861C+182.709To combine the C terms, we need to find a common denominator or multiply through by the denominators to clear them.Multiply through by the denominators to clear them:1170.16×(0.1175464×1.46933)=C+0.8C×(0.1175464)+4.0861C×(0.1175464×1.46933)+182.709×(0.1175464×1.46933)Calculate the constants and coefficients.
Perform Division to Find C: Simplify the third term further:0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=C/0.1175464+(400+0.8C)/1.46933+4.0861C+182.709Combine like terms and solve for C.Combine the C terms and constant terms:1170.16=C/0.1175464+0.8C/1.46933+4.0861C+182.709To combine the C terms, we need to find a common denominator or multiply through by the denominators to clear them.Multiply through by the denominators to clear them:1170.16×(0.1175464×1.46933)=C+0.8C×(0.1175464)+4.0861C×(0.1175464×1.46933)+182.709×(0.1175464×1.46933)Calculate the constants and coefficients.Perform the calculations for the constants and coefficients:1170.16×(0.1175464×1.46933)=C+0.09403712C+0.702073C+182.709×(0.1175464×1.46933)Now, add the coefficients of C together and multiply the constants.
Perform Division to Find C: Simplify the third term further:0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=0.1175464C+1.46933(400+0.8C)+4.0861C+182.709Combine like terms and solve for C.Combine the C terms and constant terms:1170.16=0.1175464C+1.469330.8C+4.0861C+182.709To combine the C terms, we need to find a common denominator or multiply through by the denominators to clear them.Multiply through by the denominators to clear them:1170.16×(0.1175464×1.46933)=C+0.8C×(0.1175464)+4.0861C×(0.1175464×1.46933)+182.709×(0.1175464×1.46933)Calculate the constants and coefficients.Perform the calculations for the constants and coefficients:1170.16×(0.1175464×1.46933)=C+0.09403712C+0.702073C+182.709×(0.1175464×1.46933)Now, add the coefficients of C together and multiply the constants.Add the coefficients of C together and multiply the constants:1170.16×0.172703=C+0.09403712C+0.702073C+182.709×0.172703Now, calculate the products:202.202=C+0.09403712C+0.702073C+31.556Combine the C terms and subtract the constant from both sides.
Perform Division to Find C: Simplify the third term further:0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=0.1175464C+1.46933(400+0.8C)+4.0861C+182.709Combine like terms and solve for C.Combine the C terms and constant terms:1170.16=0.1175464C+1.469330.8C+4.0861C+182.709To combine the C terms, we need to find a common denominator or multiply through by the denominators to clear them.Multiply through by the denominators to clear them:1170.16×(0.1175464×1.46933)=C+0.8C×(0.1175464)+4.0861C×(0.1175464×1.46933)+182.709×(0.1175464×1.46933)Calculate the constants and coefficients.Perform the calculations for the constants and coefficients:1170.16×(0.1175464×1.46933)=C+0.09403712C+0.702073C+182.709×(0.1175464×1.46933)Now, add the coefficients of C together and multiply the constants.Add the coefficients of C together and multiply the constants:1170.16×0.172703=C+0.09403712C+0.702073C+182.709×0.172703Now, calculate the products:202.202=C+0.09403712C+0.702073C+31.556Combine the C terms and subtract the constant from both sides.Combine the C terms and subtract the constant from both sides:202.202=(1+0.09403712+0.702073)C+31.556202.202−31.556=(1+0.09403712+0.702073)CNow, calculate the sum of the coefficients and the difference of the constants.
Perform Division to Find C: Simplify the third term further:0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=0.1175464C+1.46933(400+0.8C)+4.0861C+182.709Combine like terms and solve for C.Combine the C terms and constant terms:1170.16=0.1175464C+1.469330.8C+4.0861C+182.709To combine the C terms, we need to find a common denominator or multiply through by the denominators to clear them.Multiply through by the denominators to clear them:1170.16×(0.1175464×1.46933)=C+0.8C×(0.1175464)+4.0861C×(0.1175464×1.46933)+182.709×(0.1175464×1.46933)Calculate the constants and coefficients.Perform the calculations for the constants and coefficients:1170.16×(0.1175464×1.46933)=C+0.09403712C+0.702073C+182.709×(0.1175464×1.46933)Now, add the coefficients of C together and multiply the constants.Add the coefficients of C together and multiply the constants:1170.16×0.172703=C+0.09403712C+0.702073C+182.709×0.172703Now, calculate the products:202.202=C+0.09403712C+0.702073C+31.556Combine the C terms and subtract the constant from both sides.Combine the C terms and subtract the constant from both sides:202.202=(1+0.09403712+0.702073)C+31.556202.202−31.556=(1+0.09403712+0.702073)CNow, calculate the sum of the coefficients and the difference of the constants.Calculate the sum of the coefficients and the difference of the constants:170.646=(1.79611012)CNow, divide both sides by the sum of the coefficients to solve for C.
Perform Division to Find C: Simplify the third term further:0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=C/0.1175464+(400+0.8C)/1.46933+4.0861C+182.709Combine like terms and solve for C.Combine the C terms and constant terms:1170.16=C/0.1175464+0.8C/1.46933+4.0861C+182.709To combine the C terms, we need to find a common denominator or multiply through by the denominators to clear them.Multiply through by the denominators to clear them:1170.16×(0.1175464×1.46933)=C+0.8C×(0.1175464)+4.0861C×(0.1175464×1.46933)+182.709×(0.1175464×1.46933)Calculate the constants and coefficients.Perform the calculations for the constants and coefficients:1170.16×(0.1175464×1.46933)=C+0.09403712C+0.702073C+182.709×(0.1175464×1.46933)Now, add the coefficients of C together and multiply the constants.Add the coefficients of C together and multiply the constants:1170.16×0.172703=C+0.09403712C+0.702073C+182.709×0.172703Now, calculate the products:202.202=C+0.09403712C+0.702073C+31.556Combine the C terms and subtract the constant from both sides.Combine the C terms and subtract the constant from both sides:202.202 = (1 + 0.09403712 + 0.702073)C + 31.556\(\newline202.202 - 31.556 = (1 + 0.09403712 + 0.702073)C\)Now, calculate the sum of the coefficients and the difference of the constants.Calculate the sum of the coefficients and the difference of the constants:170.646=(1.79611012)CNow, divide both sides by the sum of the coefficients to solve for C.Divide both sides by the sum of the coefficients to solve for C:C=170.646/1.79611012Now, perform the division to find the value of C.
Perform Division to Find C: Simplify the third term further:0.6×(C×(4.47395)/(0.656874))+182.709=0.6×(C×6.81017)+182.709=4.0861C+182.709Now, we have the simplified equation:1170.16=C/0.1175464+(400+0.8C)/1.46933+4.0861C+182.709Combine like terms and solve for C.Combine the C terms and constant terms:1170.16=C/0.1175464+0.8C/1.46933+4.0861C+182.709To combine the C terms, we need to find a common denominator or multiply through by the denominators to clear them.Multiply through by the denominators to clear them:1170.16×(0.1175464×1.46933)=C+0.8C×(0.1175464)+4.0861C×(0.1175464×1.46933)+182.709×(0.1175464×1.46933)Calculate the constants and coefficients.Perform the calculations for the constants and coefficients:1170.16×(0.1175464×1.46933)=C+0.09403712C+0.702073C+182.709×(0.1175464×1.46933)Now, add the coefficients of C together and multiply the constants.Add the coefficients of C together and multiply the constants:1170.16×0.172703=C+0.09403712C+0.702073C+182.709×0.172703Now, calculate the products:202.202=C+0.09403712C+0.702073C+31.556Combine the C terms and subtract the constant from both sides.Combine the C terms and subtract the constant from both sides:202.202 = (1 + 0.09403712 + 0.702073)C + 31.556\(\newline202.202 - 31.556 = (1 + 0.09403712 + 0.702073)C\)Now, calculate the sum of the coefficients and the difference of the constants.Calculate the sum of the coefficients and the difference of the constants:170.646=(1.79611012)CNow, divide both sides by the sum of the coefficients to solve for C.Divide both sides by the sum of the coefficients to solve for C:C=170.646/1.79611012Now, perform the division to find the value of C.Perform the division to find the value of C:1170.16=C/0.1175464+(400+0.8C)/1.46933+4.0861C+182.7090We have found the value of C that satisfies the given equation.