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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?

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Suneil P. | Knowledgeable and Passionate University of Pennsylvania Math TutorKnowledgeable and Passionate University ...
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We Have 4000/1.18+...4000/1.125=4000/1.17(1/1.1+...1/1.118)...uUse Pv Of AnnuityOf $1 ForParenthesis ParT