Question: Please explain how you completed the question and if possible, how to put the problem into Microsoft Excel PV of LUMP SUM - Semi annual

 Please explain how you completed the question and if possible, how

Please explain how you completed the question and if possible, how to put the problem into Microsoft Excel

PV of LUMP SUM - Semi annual compounding What is the present value of $864.8 to be received 5 years from now if the discount rate is 20% per year and the discounting period is semi-annual

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!