A sum of $25,000 per year will be received uniformly over a seven-year period beginning two years

Question:

A sum of $25,000 per year will be received uniformly over a seven-year period beginning two years from today. What is the present value of this deferred-funds flow if interest is compounded continuously at a nominal rate of 9%?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: