Question
What is the present value of the following set of cash flows at an interest rate of 7%: $1,000 today, $2,000 at end of year
What is the present value of the following set of cash flows at an interest rate of 7%: $1,000 today, $2,000 at end of year 1, $4,000 at end of year 2, and $6,000 at end of year 3? How would you solve this using a TI-84 calculator?
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Precalculus
Authors: Jay Abramson
1st Edition
1938168348, 978-1938168345
