Question
Discounted cash flow (present and future value): suppose you wish to save $2,000 at the end of five years by making the following deposits: Year
Discounted cash flow (present and future value):
suppose you wish to save $2,000 at the end of five years by making the following deposits:
Year Deposits
1 $100
2 $400
3 $400
4 $400
5 $300
What interest rate must you earn?
can I get the r from this formula: FV = C(1+r)^t ?this is a multiple even cash flow.
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
