Question: Relationship between future value and present value - Mixed stream The following table, , shows a mixed cash flow stream, except that the cash flow

 Relationship between future value and present value - Mixed stream The
following table, , shows a mixed cash flow stream, except that the

Relationship between future value and present value - Mixed stream The following table, , shows a mixed cash flow stream, except that the cash flow for year 3 is missing. Suppose that somehow you know that the present value of the entire stream is $38,913.73, and the discount rate is 7% hat is the amount of the missing cash flow in year 3 ? The amount of the missing cash flow in year 3 is $ (Round to the nearest dollar.) Data table (Click on the icon here D. in order to copy the contents of the data table below into a spreadsheet.)

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!