Question
What is the total present value of $50 received in one year, $200 received in two years, and $800 received in six years if the
What is the total present value of $50 received in one year, $200 received in two years, and $800 received in six years if the discount rate is 8%? (Note: for now, calculate PVs for each of the future cash flows, then add them up. You can also use CFj key to solve this uneven cash-flow problems.)
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| N | I/Y | PV | PMT | FV |
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| N | I/Y | PV | PMT | FV |
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Sum
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Islamic FinanceA Practical Perspective
Authors: Nafis Alam, Lokesh Gupta, Bala Shanmugam
1st Edition
3319665588, 9783319665580
