Search
Ask a question
0 0

Present Value & Multiple Cash Flows

What is the present value of $4000 per year, at a discount rate of 10%, if the first payment is received 8 years from now and the last payment is received 25 years from now?
Tutors, please sign in to answer this question.

1 Answer

We Have 4000/1.18+...4000/1.125=4000/1.17(1/1.1+...1/1.118)...uUse Pv Of AnnuityOf $1 ForParenthesis ParT