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Intro It is the end of 2024. You plan to complete a Ph.D. in 5 years. Your favorite uncle has promised to help you
Intro It is the end of 2024. You plan to complete a Ph.D. in 5 years. Your favorite uncle has promised to help you with your school expenses by giving you the following amounts for Christmas: Year 2025 2026 2027 2028 2029 Cash flow 1,200 1,600 1,800 2,000 2,200 Your uncle is fairly wealthy and very reliable. You currently have $10,000 in a savings account paying an annual interest rate of 13%. Part 3 What is the present value of the sum of future values calculated in the previous part? 0+ decimals Submit
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