You start with $10,000 in the bank at time zero. You add $2,000 to the account...

 

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You start with $10,000 in the bank at time zero. You add $2,000 to the account at the beginning of each year for 10 years starting to Including the initial sum in the bank, what is the present value and the future value of this cash flow stream? (Hint: This is an annuity and lump sum cash flow problem rolled into one.) PV= FV= Put your answer here for the present value. Put your answer here for the future value. 3 points 3 points You can use Excel functions or simply type in what you find with your calculator. I recommend using Excel, but check your work with the calculator. Note: there are five tabs to complete! You start with $10,000 in the bank at time zero. You add $2,000 to the account at the beginning of each year for 10 years starting to Including the initial sum in the bank, what is the present value and the future value of this cash flow stream? (Hint: This is an annuity and lump sum cash flow problem rolled into one.) PV= FV= Put your answer here for the present value. Put your answer here for the future value. 3 points 3 points You can use Excel functions or simply type in what you find with your calculator. I recommend using Excel, but check your work with the calculator. Note: there are five tabs to complete!

Answer rating: 100% (QA)

PV 61227 FV 77235 Present Value PV Calculation PV of initial deposit of ... View the full answer