| Chapter 4-43 | ||||
| Present Value and Multiple Cash Flows | ||||
| What is the value today of 3,500/year? | ||||
| Discount rate is 7.6% | ||||
| First payment is received 7 years from now. | ||||
| Last payment is recevied 30 years from now. | ||||
| PMT | 3500 | |||
| Rate | 0.076 | |||
| Nper 1 | 30 | |||
| Nper2 | 7 | |||
| PV1 | $40,937.15 | =PV(D10,D11,-D9) | ||
| PV2 | $24,514.99 | =PV(D10,D12,,-D14) | ||
Tuesday, January 1, 2019
Finance Chapter 4 - Question 43 Present Value and Multiple Cash Flows
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