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You invest $17000 in year 0. Year 1 payout is $3244. Year 2 payout is $6532. Year 3 payout is $5059. Interest rate is 3%
You invest $17000 in year 0.
Year 1 payout is $3244. Year 2 payout is $6532. Year 3 payout is $5059.
Interest rate is 3% p.a.
What is the future value of the cashflow after 3 years?
If you could show your work so I can understand it better it would be very much appreciated. I am using excel for my studies if that matters.
(I hope this is understandable because english is not my first language and I am trying to translate by myself.)
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