Question: We consider following cash flows which are in a table below, interest rate is 5% p.a. Frequency of compounding is twice a year. Calculate
We consider following cash flows which are in a table below, interest rate is 5% p.a. Frequency of compounding is twice a year. Calculate PV, FV FV(s), FV 3 Year 1 Cash flows 100 2 150 4 200 5 250 6 7 Who much money we will have in the end of 5 year if we deposit 1000 USD every quarter. Interest rate is 3,5 % p.a.
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To calculate the present value PV future value FV future value of a series FVs and future value of 3 periods FV3 we need to use the formula PV C11r1 C... View full answer
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