Question
I know it says use excel, but I want to follow through with the problem. besides showing through the cells, can you show each answer
I know it says use excel, but I want to follow through with the problem. besides showing through the cells, can you show each answer fill in by showing how you got it by ***writing it out***, hard to understand through the cells? Thank you in advance.
Question: You are offered an investment that will pay you $200 at the end of year 2, $250 at the end of year 3, $350 at the end of year 4, and $100 at the end of year 5. You can earn 8.5 percent on very similar investments. What is the most you should pay for this one? (Please use Excel only for this question and fill in the following blanks.)
Period PMT PV 0 1 2 3 4 5 Total PV
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