Question
9. Today, your grandfather offers to give you $10,000 check-in three years and $10,000 a year for 9 additional years on the same date as
9. Today, your grandfather offers to give you $10,000 check-in three years and $10,000 a year for 9 additional years on the same date as the first check for a total of 10 checks. Using a discount rate of 4 percent, what is the current value of these expected proceeds? Please answer with excel
| PV | |
| FV | |
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| I | |
| PMT |
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Property Finance
Authors: David Isaac
2nd Edition
0333987144, 978-0333987148
