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(Present value of complex cash flows) How much do you have to deposit today so that beginning 11 years from now you can
Posted: Wed Jul 06, 2022 6:45 pm
by answerhappygod
- Present Value Of Complex Cash Flows How Much Do You Have To Deposit Today So That Beginning 11 Years From Now You Can 1 (35.8 KiB) Viewed 17 times
(Present value of complex cash flows) How much do you have to deposit today so that beginning 11 years from now you can withdraw $5,000 a year for the next 6 years (periods 11 through 16) plus an additional amount of $10,000 in the last year (period 16)? Assume an interest rate of 6 percent.