Question
1. You will be receiving $1500 from your uncle's trust fund at the end of the year, followed by payments of $7200, $6600, and $3500
1. You will be receiving $1500 from your uncle's trust fund at the end of the year, followed by payments of $7200, $6600, and $3500 in the next 3 years for a total payment of $18800. What is the present value of these payments today assuming an 8% discount rate?
2. You will be receiving $ 1500 from your uncle's trust fund at the end of the year, followed by payments of $7200 for the next 3 years for a total payment of $23100. What is the present value of these payments today assuming an 8% discount rate?
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Blockchain Real World Applications And Understanding How Blockchain Can Be Applied In Your World
Authors: Wayne Walker
1st Edition
1091858586, 978-1091858589
