Question
1. Calculate the PV of the following income stream, given an interest rate of 5% and knowing payments occur at the end of each year.
1. Calculate the PV of the following income stream, given an interest rate of 5% and knowing payments occur at the end of each year.
| Years | Cash Flow |
| 1-4 | $500 |
| 5-10 | $800 |
| 11-15 | $1200 |
b. What is the value of the cash flows in problem 1 at the end of year 15?
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The Complete Direct Investing Handbook
Authors: Kirby Rosplock
1st Edition
1119094712, 978-1119094715
