Question
You plan to deposit $1,000 today, 2,000 at the end of 1st year, $3,000 at the end of 2nd year, and $4,000 at the end
You plan to deposit $1,000 today, 2,000 at the end of 1st year, $3,000 at the end of 2nd year, and $4,000 at the end of 3rd year. If you will withdraw $1,000 at the end of 2nd year.
1. How much will you have after ten years if the interest rate is 10%?
2. What is the total present value of these cash flows?
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Digital Marketing
Authors: Gregory Thornhill
1st Edition
1709572469, 978-1709572463
