Question
What is the value on 1/1/13 of the following cash flows: Date Cash Received Amount of Cash 1/1/14 $14,000 1/1/15 $20,000 1/1/16 $30,000 1/1/17 $43,000
What is the value on 1/1/13 of the following cash flows:
| Date Cash Received | Amount of Cash |
| 1/1/14 | $14,000 |
| 1/1/15 | $20,000 |
| 1/1/16 | $30,000 |
| 1/1/17 | $43,000 |
| 1/1/18 | $57,000 |
Use a 7% discount rate, and round your answer to the nearest $10.
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Introductory Course On Financial Mathematics
Authors: M V Tretyakov
1st Edition
1908977388, 978-1908977380
