Question
You will receive the following amounts at the beginning of each of the following 3 years which will earn 10% per annum compounded annually. Year
You will receive the following amounts at the beginning of each of the following 3 years which will earn 10% per annum compounded annually.
Year 1 $1000
Year 2 $2000
Year 3 $1000
What is the combined present value of these cash flows at the beginning of year 1, rounded to the nearest dollar?
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
