Question: What is the present value (at t=0 ) for a stream of 28 quarterly cash flows of $800 each, starting exactly 2 years from now?

What is the present value (at t=0 ) for a stream of 28 quarterly cash flows of $800 each, starting exactly 2 years from now? The APR is 12%, compounded monthly. $14,956.38 $11,850.05 $12,136.14 $11,966.91 $12,205.55
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
