Relationship between future value and present value: Mixed stream The table below shows a mixed cash flow

Question:

Relationship between future value and present value: Mixed stream The table below shows a mixed cash flow stream starting in one year, except that the cash flow for year 4 is missing.

image text in transcribed

You have been informed that the present value of the entire stream, if calculated using a 5% discount rate, is £92,247.52. What is the amount of the missing cash flow in year 4?

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

Step by Step Answer:

Related Book For  answer-question

Principles Of Managerial Finance

ISBN: 9781292400648

16th Global Edition

Authors: Chad Zutter, Scott Smart

Question Posted: