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Paste each table below into Excel and put the solution in the next column over. Use the financial functions in Excel to solve. Be sure
Paste each table below into Excel and put the solution in the next column over. Use the financial functions in Excel to solve. Be sure that your Excel answers match what you get using a financial calculator.
5. In the following case the mixed end of period cash flow stream has an annuity embedded within it. Calculate the present value of the cash flow stream, assuming a 10% discount rate.
Year | Cash Flows |
1 | $10,000 |
2 | $8,000 |
3 | $5,000 |
4 | $5,000 |
5 | $5,000 |
6 | $5,000 |
7 | $3,000 |
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