• Calculate the PRESENT VALUE of the following series of cash flows:

  £300 after 9 years,

  £100 after 14 years, and

  £200 after 20 years

  
  

  Use an effective rate of interest of 3% per annum for the first 10 years and of 8% per annum thereafter. Express your answer to TWO decimal places and do NOT include a "£" sign.

  
  

Answer rating: 100% (QA)

Present value of the cash flow series Present Value for First 10 Ye... View the full answer