An owner can lease her building for $150,000 per year for three years. The explicit cost of maintaining the building is $50,000, and the implicit cost is $65,000. All revenues are received, and costs borne, at the end of each year. If the interest rate is 7 percent, determine the present value of the stream of:.

Luminous objects such as flashlights emit light that we can see. how do we see an object that isn’t luminous? a. the object emits light that reaches our eyes. b. light reflects off the object and reaches our eyes. c. light passes through the object uninterrupted. d. light is fully absorbed by the object. e. we can’t see an object that isn’t luminous.