What is the present value of a cash flow that begins with $1,500 deposited at the end of year 1 and increases by $500 per year t

Question

3 years ago

8

What is the present value of a cash flow that begins with $1,500 deposited at the end of year 1 and increases by $500 per year t

hereafter through year 30 (so year 2 deposit is $2,000, and the last deposit will be at the end of year 30)? Assume interest is 6% annual rate compounded annually.

Business

1 answer:

blsea [12.9K] · Answer 1 · 2022-02-18T11:43:10+03:00

blsea [12.9K]3 years ago

8 0

Answer:hahah

Explanation:u are so unsmart hahah lol