Question: Based on the following data use the Excel function PV to figure out the present value of the cash flows. The present value of the
Based on the following data use the Excel function PV to figure out the present value of the cash flows.
The present value of the cash flows is more than $10,000.
| rate | 10% |
| nper | 20 |
| pmt | ($1,000) |
| fv | 0 |
| type | 0 |
| PV |
True
False
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