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A project's annual net cash inflows, to be received at the end of each year, are estimated as follows. For the first nine years the
A project's annual net cash inflows, to be received at the end of each year, are estimated as follows. For the first nine years the project does not generate any cash inflow. For the next eleven years, that is, from the tenth to the twentieth years inclusive, it generates $60 per year. The discount rate is 10% per annum. What is the present value of this project?
The answer to this question is 165.27. But can someone explain to me how I can input my data for this question on ti-84 calculator? (Like which numbers go where)
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