In year 8? do you mean at the end of year 8, or the middle, or the beginning? Let's assume at the end of year 8.
The formula would be 1,900*(1.09)^3.
I'll let you work that out.
Nan J.
asked • 04/15/17What is the value in year 8 of a $1,900 cash flow made in year 5 if interest rates are 9 percent?
What is the value in year 8 of a $1,900 cash flow made in year 5 if interest rates are 9 percent?
Follow
•
2
Add comment
More
Report
1 Expert Answer
Still looking for help? Get the right answer, fast.
Ask a question for free
Get a free answer to a quick problem.
Most questions answered within 4 hours.
OR
Find an Online Tutor Now
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.
