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What is the present value of the following payment stream at an interest rate of 7%; $1000 invested at the end of year 0, Cash
What is the present value of the following payment stream at an interest rate of 7%; $1000 invested at the end of year 0, Cash inflows of $2000 at the end of year 1, $5000 at the end of year 3, $6000 at the end of year 5?
A.$11,243
B.$11,812
C.$12,943
D.$9,229
Please use excel to resolve the question and please show how to set the formular in excel
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