Question
A trust fund will pay $1000 each year for 15 years starting today. You also have to pay for your car loan: 15 annual payments
A trust fund will pay $1000 each year for 15 years starting today. You also have to pay for your car loan: 15 annual payments of $1000 each starting one year from now. What is the NPV of these cash flows ?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
