Question
Calculate the present value of the following cash flow stream at a discount rate of 7%. Year: 0 1 2 3 Cash flows: $0 $2000
Calculate the present value of the following cash flow stream at a discount rate of 7%.
Year: 0 1 2 3
Cash flows: $0 $2000 $3000 $4000
The answer is 7754.67 but I do not understand how to do it, if someone can explain please.
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The Handbook Of Financial Modeling
Authors: Jack Avon
1st Edition
1430262052, 978-1430262053
