Present in excel formula, please.

Example 4.22 Delayed Annuities Suppose Danielle Caravello will receive the following annuity payments. What is the value of the payments today? First, we can find the present value of the annuity payments, which is: Annuity present value $1.584,93 to subtract one from the date of the first payment. So, the value of the annuity today is: Value today RWJExel Tip Value today Of course, there is another way to calculate the value of this annuity today. Suppose we set up the cash flows in a table like this: With the cash flows set up like this, we can use the NPV function to find the value of the cash flows today, which will be: Value today