Consider a series of $189,000 annual cash flows in each of the next 9 years. The first
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Consider a series of $189,000 annual cash flows in each of the next 9 years. The first cash flow occurs today. The structure represents an annuity due. If the discount rate is 10%, what is the present value of this series of cash flows? Round your answer to the nearest penny.
Related Book For
Spreadsheet Modeling and Decision Analysis A Practical Introduction to Business Analytics
ISBN: 978-1285418681
7th edition
Authors: Cliff Ragsdale
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