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Mr. Paulson has just borrowed $1,000 from Mr. Black. Mr. Paulson has agreed to pay Mr. Black $300 in one week, $400 in two weeks,
Mr. Paulson has just borrowed $1,000 from Mr. Black. Mr. Paulson has agreed to pay Mr. Black $300 in one week, $400 in two weeks, and $500 in three weeks. If the interest rate is 1% per week, what is the future value of this payment stream in 3 weeks' time?
how to solve this type of question with different cash flows
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