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1) We would like to evaluate an investment that will provide us with an additional cash flow of HUF 3007000 at the end of each
1) We would like to evaluate an investment that will provide us with an additional cash flow of HUF 3007000 at the end of each year in the next 19 years. For the valuation of similar investments, an annual nominal interest rate is 14.9%. If we place the cash flows of the investment into our regular savings account at the end of each year, how much money are we going to have at the end of the 19 year?
please provide the detailed solutions with formulas, NOT Excel/calculator.
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