Question
1. Calculate the present value of each annual gift of $10,000. 2. Calculate the present value of all gifts by summing the annual present values.
1. Calculate the present value of each annual gift of $10,000. 2. Calculate the present value of all gifts by summing the annual present values. 3. Calculate the present value of all gifts by using the PV function. HINT: The answer for 2 and 3 must be the same! In Excel
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
