Today, your uncle offers to give you $6,000 check in four years and $6,000 a year for 5 additional years on the same date as the first check for a total of 6 checks. Using a discount rate of 3 percent, what is the current value of these expected proceeds?

I'm not sure about my answer (Please use excel).

M125 X f A B D E F G H 1 J K L M N 0 P 0 R S T 133 134 135 136 137 138 139 9. Today, your uncle offers to give you $6,000 check in four years and $6,000 a year for 5 additional years on the same date as the first check for a total of 6 checks. Using a discount rate of 3 percent, what is the current value of these expect 140 141 PV $32,653.90 142 FV 60001 143 N 144 | 0.03 145 PMT 6000 146 147 Answer: we expected to be = 32,653.90 148 149 150 151 152 153 154 155