Question

What is the value of receiving $5,000 per year starting in one year for 10 years...

What is the value of receiving $5,000 per year starting in one year for 10 years assuming a 3% interest rate? What if the $5,000 per year cash flows start in 9 years and continue for 12 years?

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Answer #1

EXPLAINED WITH FORMULA, NO EXCEL FUNCTION IS USED. JUST WRITTEN IN EXCEL

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