Answer:
$5,007.72
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator.
Cash flow each year from year one to five = 0
Cash flow each year from year six to fifteen = $1000
I = 7%
Present value = $5,007.72
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
Not sure the context of this question is there any additional info?
Answer:Money serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.
Explanation:
Answer:
sole trader
Explanation:
couse he is running as well as managing his business..i hope that's it..